The dismal sales data in August did not give the Golden 9 Silver 10 a good first prize. The sales figures that fell to 33.2% year-on-year caused some people who pointed to the warmer in the second half of the year to suffer a merciless blow again. The sales of mainstream heavy trucks have slipped to a new low in the past 10 years, and the market has become “cold†desperate.
Data dismal
In August, a total of 38,271 vehicles were sold by heavy truck manufacturers, which was a significant decrease of 33.2% from the same period of last year and a 1.5% decline from July (38,873).
Among them, Dongfeng Motor Co., Ltd. sold about 7,700 heavy trucks (down 36.1% year-on-year) and continued to rank first in the industry. Sinotruk and FAW followed, selling 6,500 vehicles (down 18.9% year-on-year) and 5,500 vehicles (down year-on-year respectively). 62.4%); In the second tier, Shaanxi Automobile and Foton sold 4,700 heavy trucks and 5600 heavy trucks respectively, a year-on-year decrease of 12.6% and 8.4%.
The market performance of the third echelon was equally fierce. Beiben sold 1,240 vehicles in August, which represented a slight increase of 6.6% year-on-year. However, the monthly sales volume of more than 1,000 vehicles was actually very poor. Sales of JAC, Hongyan, and Valin in August were 1900, 1,105, and 1,059, respectively, and the year-on-year declines were 28.4%, 27.8%, and 30.6%, respectively.
As the monthly sales of the heavy truck market in July and August were all under 40,000, the total sales volume of the heavy truck market was 449,100 in the first eight months of 2012, a decrease of 31.1% from 651,600 units in the same period of last year. In the first eight months, Dongfeng Motors sold 9.56 million heavy trucks, a decrease of 29.6% year-on-year. In the second eight months, Sinotruk and the third FAW Group sold 79,100 heavy trucks and 72,800, a decrease of 28.5, respectively. % and 34.7%. Shaanxi Automobile and Foton sold 60,300 vehicles and 57,500 vehicles, a decrease of 21.0% and 25.9% year-on-year.
In the third echelon, 18,300 heavy-duty trucks were sold in the eight months before Beiben, which was a 35.7% decrease from the 28,400 vehicles sold in the same period of last year; Jianghuai, Hongyan and Hualing accumulated sales of 17,600 heavy-duty trucks, 11,200 and 10,600 respectively. The decline was 41.5%, 56.1% and 48.8%.
Market downturn
A few days ago, China Federation of Logistics and Purchasing (CFLP) data showed that in August China's manufacturing PMI was 49.2%, a decrease of 0.9 percentage points from July, the fourth consecutive month of decline, the first time since last November dropped to critical Below this point, it is reflected that the manufacturing industry is in contraction and the current economy is still in the downward process. At the same time, the volume of road freight in China has fallen sharply. The economic situation is worrying.
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