According to statistics from authoritative departments, China’s automobile production and sales volume increased by more than 30% from January to November this year, and heavy trucks in it have changed the trend of rapid growth in previous years, and the growth rate has slowed down significantly. In the previous November, China produced a total of heavy The number of trucks was 245,000, an increase of 3.22% year-on-year, and the sales of heavy trucks were 239,000, an increase of only 3.48% year-on-year, which is in stark contrast to the rapid development of the entire automotive market.
In this regard, industry analysts pointed out that the most important reason is the impact of changes in investment demand. As the country has implemented a proactive fiscal policy since 1998 and launched a number of larger investment projects, the demand for heavy-duty trucks with heavy traffic has continued to increase substantially. Since the beginning of this year, with the gradual completion of the old construction project or the end of the project, new investment projects are mostly in the stage of project establishment, resulting in a significant slowdown in the heavy truck market. In addition, changes in the SARS epidemic and credit policies have also affected the growth of the heavy truck market this year.
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