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Shaanxi Auto excepts hot sale in the second half year

Date:2011-07-13 Author:Eric Source:www.chinatrucks.com

www.chinatrucks.com: Sales of Shaanxi Auto heavy trucks were affected by tight monetary policy, hiking oil price, withdraw of incentive policies for purchasing auto products etc. in the first half year.

Shaanxi Auto DeLong F3000 LNG
Shaanxi Auto D'long F3000 LNG

479,500 heavy trucks were sold out from Jan. to May, down 2.29% over last year. Some experts even describe China truck market as "stern" this year.

Leaders of Shaanxi Auto expressed some optimistic outlook on sales in the second half year on July 1. And his words are mainly based on the following two points.

Firstly, fixed investments keep increasing. And the growth of fixed investment on indemnificatory housing and irrigation construction will amount to 30%.

Secondly, the new regulations on logistics industry reduced tax for logistics companies, lower tolls on roads and bridges, and operation costs on highway logistics. Illegal and unreasonable charge on highway will be checked from June 20, 2011 to May 31, 2012.

In addition to the above factors, Shaanxi Auto secured trucks orders for 70,000 units in the first half year, 54% of annual sales targets for 130,000 trucks the whole year.

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