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Tuesday 3 September 2013

China Heavy Truck Industry Report, 2013:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
 
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China Heavy Truck Industry Report, 2013
Aug 18th 2013, 00:00, by rnrmahesh

With the fading effect of a 4 trillion yuan stimulus package as well as the slowdown of Chinese economic growth rate, the demand in China heavy truck market has kept declining since 2011. In 2012, the sales volume of heavy trucks in China was no more than 636,000 units, down 27.78% over 2011. In H12013, the heavy truck industry of China saw pickup in terms of both output and sales volume, with the sales volume, in particular, increasing by 8.36% year-on-year. The contributing reasons are as follows: a) China’s investment in infrastructure construction saw a steady growth rate; b) the …

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