According to the latest sales data of the truck industry released by the China Automobile Association, the sales of the three major subcategories of heavy trucks, trucks, and semi-trailer trucks have both fallen year-on-year or month-on-month, and their declines have been significantly greater than in September. .
Statistics show that, as the main model of road transport, 25-40 tons of semi-trailer tractors still achieved year-on-year growth in September, but in October sales fell sharply. The market generally believes that in the peak season of road transport, heavy truck product sales have experienced such a significant decline, indicating that the market demand from the road transport industry is worrying.
The data shows that the market performance of various heavy truck manufacturing companies is generally poor. In the tractor-trailer market segment, sales of Dongfeng Motor, FAW Group, and Shaanxi Heavy Duty Truck with competitive advantages have fallen sharply year-on-year; sales of companies with no advantage in this segment, such as Sinotruk, have fallen year-on-year. It is less than the above three companies. In heavy-duty truck chassis and heavy-duty vehicle segment markets, the sales volume of heavy truck manufacturing companies has fallen.
Statistics show that the market demand for China Card and light truck products is stable. The sales volume of China Cards in October decreased by 17.2% year-on-year, but increased by 0.4% from the previous quarter, indicating that the demand for China Card products in the market has stabilized. In October, sales of light truck products fell by 5.5% year-on-year and 6.4% year-on-year, which was far less than that of heavy-duty trucks.
Among them, the competitive pattern of the light-card segment market is basically stable. This month's light truck product (including chassis) market segment, Beiqi Foton, Jianghuai Automobile and Dongfeng Motor’s top three positions remained solid; however, the sales of Beiqi Foton dropped by a relatively large amount compared to the same period last year. The light truck manufacturers were not “annihilated†in October, and FAW Group, Shandong Kaima and Jinbei Automobile still achieved steady sales growth.
However, the micro-card market has been against the market. In October, the micro-card continued the market trend of strong sales in the third quarter, an increase of 15.4% year-on-year. Micro-card products are mainly used in rural and suburban transportation markets.
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