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Growth of Commercial Vehicles Lower than Auto Industry in China
Date:2011-05-16 Author:Eric Source:www.chinatrucks.com
www.chinatrucks.com: 1.5353 million vehicles were produced in April, down 15.98% over March, and 1.552 million vehicles were sold, down 15.12% over March, and this is the also the first month with decreasing volumes for 27 consecutive month.
And sales of commercial vehicles decreased a lot in April, affecting the general auto markets in China.
Some experts in auto industry pointed out that commercial vehicles are closely related with macro economy, and customers are always cautious about investment on fixed assets such as vehicles if return of investments is not clear.
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