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Bharatbook.com added a new report which provides information on the heavy truck industry in China and its past and current scenario.
China?s heavy truck industry had positive and negative impacts in its growth during the last decade. The variations are driven by oil prices and the macro-economy. The industry grew rapidly in the period of 2000-2004 whereas it had a negative growth in 2005. It recovered in 2006 and maintained the growth in 2007 which ranked first in terms of sales.
The sales of heavy truck jumped to 370,795 units in 2004 from 82,184 units in 2000, hitting the highest of industry cycle. In 2005, China's heavy truck industry had a negative growth due to impact of macro-economic control and skyrocketing oil prices, making the industry fall down to the bottom of industry cycle. The sales in the year reached 236,600 trucks, decreased 36% year on year.
In 2006, the industry had a recovery growth, the sales stood at 307,300 trucks, increased 30% year on year. In 2007, the industry maintained the growth momentum in 2006; the sales reached 487,500 trucks, up 58.64% year on year. China National Heavy Duty Truck Group ranked the No.1 in terms of sales of 99,800 trucks, followed by FAW Group Corp. with sales of 96,200 trucks. Dongfeng Motor, Shaanxi Automobile Group and Fortan Motor ranked the third, fourth, fifth places respectively.
In the first half of 2008, the sales stood at 380,100 trucks, up 48.38% year on year. It is estimated that the sales will continue to grow in the second half of the year, but the growth rate will slow down.
Bharatbook.com included a new report ?China Heavy Truck Industry Report, 2008? into its existing market research review. Based on the authoritative statistics of the National Bureau of Statistics and China Association of Automobile Manufacturers, this report makes a thorough study on the current situation, market size, profitability, competition and key companies of China's heavy truck industry, and also makes a development forecast.
About Bharatbook.com:
Bharat Book Bureau facilitates companies to take the lead of their industry with best practice business strategies and intelligence, through a unique combination of published reports, databases, country reports, company profiles and customized research services. Bharat Book Bureau provides strategic information tools to the executives, business analysts, and knowledge managers that will help them to probe into and support critical, timely business decisions and strategies.
For further information kindly visit: http://www.bharatbook.com/detail.asp?id=82184
China?s heavy truck industry had positive and negative impacts in its growth during the last decade. The variations are driven by oil prices and the macro-economy. The industry grew rapidly in the period of 2000-2004 whereas it had a negative growth in 2005. It recovered in 2006 and maintained the growth in 2007 which ranked first in terms of sales.
The sales of heavy truck jumped to 370,795 units in 2004 from 82,184 units in 2000, hitting the highest of industry cycle. In 2005, China's heavy truck industry had a negative growth due to impact of macro-economic control and skyrocketing oil prices, making the industry fall down to the bottom of industry cycle. The sales in the year reached 236,600 trucks, decreased 36% year on year.
In 2006, the industry had a recovery growth, the sales stood at 307,300 trucks, increased 30% year on year. In 2007, the industry maintained the growth momentum in 2006; the sales reached 487,500 trucks, up 58.64% year on year. China National Heavy Duty Truck Group ranked the No.1 in terms of sales of 99,800 trucks, followed by FAW Group Corp. with sales of 96,200 trucks. Dongfeng Motor, Shaanxi Automobile Group and Fortan Motor ranked the third, fourth, fifth places respectively.
In the first half of 2008, the sales stood at 380,100 trucks, up 48.38% year on year. It is estimated that the sales will continue to grow in the second half of the year, but the growth rate will slow down.
Bharatbook.com included a new report ?China Heavy Truck Industry Report, 2008? into its existing market research review. Based on the authoritative statistics of the National Bureau of Statistics and China Association of Automobile Manufacturers, this report makes a thorough study on the current situation, market size, profitability, competition and key companies of China's heavy truck industry, and also makes a development forecast.
About Bharatbook.com:
Bharat Book Bureau facilitates companies to take the lead of their industry with best practice business strategies and intelligence, through a unique combination of published reports, databases, country reports, company profiles and customized research services. Bharat Book Bureau provides strategic information tools to the executives, business analysts, and knowledge managers that will help them to probe into and support critical, timely business decisions and strategies.
For further information kindly visit: http://www.bharatbook.com/detail.asp?id=82184
by Bharatbook
September 17, 2008 7:20 AM+ add to your
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