In December 2012, the China Association of Automobile Manufacturers (hereinafter referred to as "China Automobile Association") announced that commercial vehicle data for November this year showed that the commercial vehicle market is gradually picking up. Dong Yang, Secretary-General of China Automobile Association, said that the commercial vehicle market will definitely be better than this year next year.
According to statistics, passenger cars were still growing in November, with production and sales growth of 5.87% and 17.47% respectively, and trucks that had been declining year-on-year were also increasing. Sales volume increased by 7.07% quarter-on-quarter and 11.35% year-on-year.
Some experts stated that the heavy-duty truck market has experienced explosive growth in 2009-2010, and excess capacity has led to a decline in heavy-duty truck sales thereafter. However, with the arrival of seasonal demand peak in the first half of 2013, heavy truck sales will re-enter the growth channel, and commercial vehicles will also have a warming trend as a whole.
Among all commercial vehicle companies, Beiqi Foton has been at the forefront of the industry, with sales of 562,800 units in the first 11 months of 2012. The deputy director of Foton Motors brand Huo Wei said that in 2012, when the industry's overall data fell more than 10%, Fukuda's decline was only about 4%. This was due to the increase in the launch of new high-value-added products in 2012, including a number of new vehicles such as Auman GTL heavy trucks and land-raising vehicles. At the same time, overseas markets also achieved good results. Their sales revenue was significantly higher than the industry average. Level.
However, Huo Yu admitted that commercial vehicles may encounter bottlenecks in development around 2020, and Futian is using the utility vehicle as a breakthrough.
It is also known that in terms of production and sales planning, Foton Motor expects to achieve sales and sales target of 4 million units by 2020. Of these, passenger vehicles will complete the task of 1.5 million vehicles, and commercial vehicles still occupy the main business segment.
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