Analysis & Forecast of Heavy Truck Market in Oct. 2012 III
3. Semi trailer tractors again shows in negative sale growth in Oct. 2012
15,103 semi trailer tractors were produced in Oct. 2012, fell by 35.44% over the same period in 2011 and grew by 17.98% compared with Sept. 2012. And 15,871 semi trailer tractors were sold, fell by 52.93% over the same period in 2011 and grew by 19.03% compared with Sept. 2012.
From January to October 2012, production totaled 152,325, fell by 28.14%. Sales totaled 158,042, which fell by 28.82% over the same period of 2011 (222,046).
Chart Four: Monthly sale volumes & growth of semi trailer tractors in 2011 & 2012
Part Three:Chart of heavy truck market share
From January to October 2012, the heavy truck market changed a lot:
Table One: Market Share of Heavy Truck Market from January to October, 2012
Market Share of Heavy Truck Market from January to October, 2012
|
|||||||
Items
|
Sale Volume in Oct.
|
Total Sales in Jan.-Oct.
|
Sequential Growth
|
Year-on-Year Growth in Oct.
|
Year-on-Year Growth in Jan.-Oct.
|
Market Share in Oct.
|
|
Overall Sales of Heavy Truck Market |
43640
|
535928
|
1.93
|
-23.41
|
-30.34
|
100
|
|
1
|
Dongfeng Auto
|
8558
|
112653
|
-1.82
|
-26.21
|
-30.48
|
19.61
|
2
|
CNHTC (Sinotruck)
|
6190
|
91785
|
-10.38
|
-25.12
|
-28.02
|
14.18
|
3
|
FAW
|
8333
|
89131
|
13.25
|
-37.16
|
-35.71
|
19.09
|
4
|
Shaanxi Auto Group
|
5548
|
70553
|
15.75
|
5.52
|
-18.4
|
12.71
|
5
|
Beiqi Foton
|
6582
|
71907
|
-5.21
|
-11.37
|
-23.17
|
15.08
|
6
|
North Benz
|
1624
|
21092
|
-2.81
|
34.77
|
-61.89
|
3.72
|
7
|
JAC
|
2179
|
22079
|
3.18
|
-25.47
|
-41.29
|
4.99
|
8
|
SAIC-IVECO Hongyan
|
1190
|
13520
|
3.12
|
5.97
|
-51.24
|
2.73
|
9
|
CAMC
|
1104
|
12786
|
5.44
|
-2.99
|
-45.21
|
2.53
|
10
|
Dayun Auto
|
578
|
6786
|
13.78
|
-48.35
|
-38.26
|
1.32
|
11
|
Other Companies
|
1754
|
23636
|
4.02
|
In Oct. 2012, the market share of the Dongfeng Auto, FAW, Beiqi Foton decreased much and Shaanxi Auto Group, CNHTC (Sinotruck), SAIC-IVECO Hongyan increased obviously.
Part Four:A steady trend has been seen in the heavy truck market in the Nov.-Dec. 2012
At the end of the fourth quarter, it will be annual closing the season for heavy truck markers as well as the prepared season for the 2013 truck market. This is our forecast for the Nov.-Dec. 2012 market and also our basic prediction for the fourth quarter. Prediction for the fourth quarter: Total sales in Nov.-Dec. 2012 will reach 96,400 units; Total sales in Jan.-Dec. 2012 will reach 633,256 units.
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