Heavy truck market in China dropped by 30% in May 2011, and parts suppliers complained
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On June 7, 2011, a relevant person of a heavy-duty truck aftermarket parts trading company said: “Our suppliers, in 2010, are working 6 days a week, weekly and weekly. In 2011, only 5 days in a week. Five of them. Once the 10-day holiday was released, we must know that only 3 days of vacation leave was provided for the Spring Festival in 2011.†Due to the downturn in the heavy truck market, its clutch suppliers have come to sell their products recently, and in 2010, they asked for their own suppliers. Delivery, when the supplier gave the goods to the host factory.
According to the latest data, in May 2011, the domestic heavy truck market sold 74,000 vehicles, which was a decrease of approximately 31% year-on-year and a decrease of approximately 30% from the previous month.
The magnitude of the decline in May 2011 was very rare throughout the calendar year and month. The relevant person in charge of the market research department of a heavy truck manufacturer said that this was due to the excessive concentration of sales in March and April; on the other hand, due to the macro Regulation and control, economic growth slowed, and freight volume decreased. In addition, high oil prices, increased toll fees, and stricter regulatory requirements for heavy-duty trucks, such as the filing of fuel, mandatory assembly of ABS (anti-lock braking system), etc., increased the cost of heavy trucks and increased the selling price.
It is expected that sales in the next three months may be even worse. "It may be the case in the third quarter, and there is no reason to see a rise in sales," said the relevant person in charge.
It is worth noting that some suppliers raised their production capacity due to optimistic expectations for the 2011 market. As the production of spare parts is scheduled, the factory is now under pressure. The reason why component suppliers are optimistic about the heavy truck market in 2011 is related to the optimism of vehicle companies.
In 2010, OEMs are optimistic that the auto market will also increase substantially in 2011, and this news is amplified during the process of transmission, resulting in a lot of spare parts suppliers. It is not an exaggeration to say that there are more than 200,000 vehicles in the heavy truck market. Many companies have stock cars that have been sold for more than two months.