In 2009, driven by a series of favorable factors such as the country’s overall macroeconomic improvement and the “Auto Industry Adjustment and Revitalization Planâ€, China’s commercial vehicle production and sales reached 3.41 million and 3.31 million, respectively, an increase of 33% and 28% respectively year-on-year. The increase has hit a new high since 2005.
In 2010, China's commercial vehicle market will be affected by the superposition of both positive and negative factors.
The favorable factors are mainly reflected in three aspects: First, China's macroeconomic situation is in a period of stable growth, and the pulling effect on the commercial vehicle market will continue to be released; Second, the country’s support for the development of the automobile industry has not changed fundamentally, and many automotive industry favorable policies It will continue to be an important driver for the development of the commercial vehicle market. Third, China will enter a peak period of 4 trillion yuan in investment project construction in 2010, and there will still be a huge market demand for commercial vehicles.
At the same time, the commercial vehicle market is also facing some new challenges. For example, the policy effects of the automobile going to the countryside and the reform of the fuel tax are decreasing. Some of the demand is released in advance in 2009; the market shock brought about by the switch of the National IV regulations; the price of raw materials such as steel is rising. The increase in production costs brought about by the market; the wait-and-see in the markets brought about by the rising oil prices; the intensified competition in the public railways, the sluggish growth in the passenger car market, and so on.
Comprehensive judgments need to be cautiously optimistic about the development of China's commercial vehicle market in 2010. It is estimated that in 2010, China's commercial vehicle market will reach 3.8 million units, an increase of about 15% year-on-year, and the growth rate will gradually return to normal levels.
In order to better study the new situation and new changes in the development of the commercial vehicle industry, timely judge new trends in the development of the commercial vehicle industry and put forward more scientific and effective coping strategies and development proposals. The China Automotive Technology and Research Center is scheduled for April 2010. The 3rd China Commercial Vehicle Development Exchange Seminar was held during the Beijing Auto Show to bring together expert wisdom for the structural adjustment of the commercial vehicle industry and further contribute to the promotion of the international competitiveness of China's commercial vehicle industry.
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