June"s heavy truck market is still stagnant in the trough. Despite the narrowing its monthly decline, but the decline is still very alarming, abnormal sluggish end-market demand has not changed so far.       

June 47 000 heavy truck sales fell 26%.  

The latest was informed that in June the domestic heavy truck market a total of about 47,000 sales of all types of vehicles, down 26 percent from 63,720 last year, the chain in May this year (51 712) also fell by 9%. Among them, Dongfeng, heavy truck were sales of heavy trucks 10,400, and 8800, year on year decline of 24% and 4%; FAW heavy truck sales of 6,100, down 34%; Shaanxi Auto and Foton sold cars 7500 and 6400, respectively, an fell 26% and 30%. The third camp, Jianghuai heavy truck sales of 1,800, down 57%; Valin star horse, big marketing cars 1238 and 1365, down 19% and 15%; North Pennines and SAIC Iveco Hongyan heavy truck sales in June were 1000 (an increase of 7%) and 880 (down 45%).   

June and the first half of the heavy truck market remains in the doldrums, the reason has been analyzed many times, here I also do not want to repeat too much. The fundamental reason, in fact, the macroeconomic slowdown and fixed asset investments (infrastructure and real estate, etc.) sluggish investment. hile May and June investment in infrastructure projects has been approved by the State nominally several rounds (according to statistics, as of July 1 Development and Reform Commission approved a total of 35 large-scale infrastructure projects, including railways, urban rail transit, airport construction, the scale of investment 819.62 billion yuan), but substantial start, at least until the mid-third quarter; and the manufacturing recession (June manufacturing PMI purchasing managers index was 50.2%, unchanged from last month only to maintain, the production side of the weak and demand end of the downturn, the domestic manufacturing sector to stabilize weak foundation is not solid), resulting in falling freight rates, many places are already record low, a large number of transport vehicles in the outage or semi-shutdown state.

Or the rapid decline in the third quarter narrowed Overall, since January this year since the monthly double-digit sales decline (in January fell 22%, down 50 percent in February, down 30 percent in March, April down 33 percent, down 30 percent in May, down 26% in June), therefore, the domestic heavy truck market in the first half the cumulative decline has been high. January to June, the heavy truck market totaled 292,200 vehicles sold, down 32%, compared with January-May of 33% of the cumulative decline narrowed slightly (perhaps better than nothing).

Specifically, the wind continues to dominate the industry first, first half sales of heavy trucks 65,600, down 24 percent, lower than the industry overall decline; heavy truck industry ranked second in the first half total sales of 54,200, down 23%, a decline also lower than the industry average. FAW and Shaanxi Automobile cumulative sales roughly equal, at around 41,900, but the decline FAW heavy truck reached 39%, higher than the industry overall decline, Shaanxi Auto decline of 32%, consistent with the decline in industry; on Fukuda heavy truck half sales of 38,600, down 40 percent. n the third camp, JAC total sales of 16,000, up 32% decline; CAMC total sales of 8711, down 26%; the Grand Canal in the first half 7387 sales year on year decline to single digits (-7 %). North Pennines and Red Rock cumulative sales 5262 and 4792 vehicles, down 18% and 69%, respectively. ).

Looking to the second half, due in 2014 7, monthly heavy truck sales relatively low base in August (last July was 50,618, in August to 48,126, unlike the monthly sales in the first half of the year as "High"), and therefore, monthly sales year on year decline in the third quarter of this year is expected to shrink to less than 20%, so that the cumulative decline in the heavy truck market also will be narrowed to less than 25-30%. But really warmed up the market, as well as steady growth in insurance growth to be national policy more aggressively "overweight" and continued afterburner.