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China truck industry may rise by favorable news

Date:2011-08-09 Author:Eric Source:www.chinatrucks.com

www.chinatrucks.com: According to sales reports by CAAM, 47,300 heavy trucks were produced in June, down 46.51%, and sales of heavy trucks became the largest vehicle models with most decreasing sales volumes.

However, not all main trucks makers faced decreasing sales volumes. Sales of JAC, SIH and Foton increased by 90.96%, 17.03% and 12.57% over last year.

Although many industry insiders worry about sales of heavy trucks, some experts show their optimistic expectations for sales of heavy trucks in the second half year.

Construction is continuing in most China cities, even the first tier ones like in Beijing and Shanghai. With increasing numbers of departments for poor citizens, implements of overloading and lower logistics fees on roads, sales of heavy trucks may increase in the second half year.

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