Driven by the country’s many policy effects of stimulating the economy, the domestic passenger car market began to pick up in January-February this year. However, the commercial vehicle market is still in a sluggish state, which is not only lower than the industry level, but also has a large margin. With negative growth, business operations are more difficult.
According to the data released by the China Automotive Industry Association, commercial vehicles sold 348,700 vehicles and 345,700 vehicles in January-February, down 13.15% and 6.94% year-on-year. The production and sales of passenger cars decreased by 18.57% and 14.84% year-on-year, and only the production and sales of trucks rose against the market, up 8.79% and 12.37% year-on-year. Although the production and sales of commercial vehicles in February were better than those in January, it did not fundamentally change the state of the sluggish industry. In particular, the production and sales volume of large, medium and light buses and heavy trucks has experienced a serious decline. The reason is mainly due to the fact that the state’s policy support for commercial vehicles is obviously inferior to that of passenger vehicles.
Implementing support measures such as the purchase tax of half a liter of 1.6 liters or less, commercial vehicles benefited little. In addition to the sales of minibuses and light trucks boosted by favorable policies, the performance of models other than the favored models was not satisfactory. “Cars go to the countryside†benefited from light trucks and minibuses, but the light commercial vehicle business had a poor profitability, and various large and medium-sized commercial vehicles, which accounted for the dominant profit, still lacked policy support.
At the end of last year, the government introduced 4 trillion yuan of measures to promote domestic demand. Although it has brought confidence to the commercial vehicle market to a certain extent, commercial vehicles have received very little cake from the 4 trillion yuan investment, which has limited the commercial vehicle market. Some of the 4 trillion yuan in investment will be converted into consumer funds, which will also be more conducive to the development of the passenger car market.
To this end, many research institutions are pessimistic about the commercial vehicle market prospects this year. Xinhua believes that total passenger car sales in 2009 are expected to fall by 5%-15%; the market demand for medium and heavy trucks is expected to decline by 10% from 2008. The new economic stimulus measures have a positive effect on minibuses and light trucks. However, due to the significant correlation between the commercial vehicle market and GDP growth, the negative growth trend of the commercial vehicle market in 2009 is unlikely to change and is expected to remain at around negative 10%.
Looking back at the passenger car market in the first two months of this year, the effect of the government support policy is very clear, which verifies the correctness and feasibility of the government's rescue of the market; Premier Wen Jiabao's statement on domestic demand for security, people's livelihood, and growth guaranteed at the two sessions this year fully shows The necessity for the government to issue support policies. To this end, many companies have now issued strong calls for the introduction of policies to support the development of commercial vehicles as soon as possible, and call for the urgent need to break through the current difficulties of commercial vehicles. The government's introduction of policies to support commercial vehicles is imminent, and it is hoped that the government will implement existing policies as soon as possible. It further introduced policies favorable to the development of commercial vehicles, especially a series of favorable policies for heavy trucks as production materials and production tools, and expanded the demand for commercial vehicles in the entire society. The facts will prove that only the balanced development of the industry can stimulate the recovery and revival of the entire automotive industry.
5.1 Pulley
Guide Roller Wheels,Guide Wheels,Guide Wheels And Tracks
Nova Elevator Parts Co., Ltd. , http://www.sz-elevator.com