The increase rate of commercial vehicle in 2011 is predicted to reach 15%

(chinatrucks.com, Jan 13, 2011) It is learned by reporter that commercial vehicle market demands in 2011 is keeping stable.

Increase rate of heavy truck industry in 2011 is not as large as that of 2010 based on the explosive growth in 2010. It will still keep mild growth in 2011. Judging from the performance of heavy truck industry market within few years, the average compound increase rate will reach 15%. The increase rate of 2011 will return to normal condition, and at least it will reach 15% around.

It is learned by reporter from the interview that the commercial vehicle market demands in 2011 will keep stable. The rural irrigation works construction has been attached the importance by government. It will pull the domestic commercial vehicle industry; especially it will satisfy the agriculture vehicle and light truck requirements. Besides, it is a great opportunity for engineering machinery industry development.

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