Lewes, DE -- (SBWIRE) -- 06/18/2014 -- China Medium Truck Industry Report, 2014-2017 released by Publisher forecasts China’s medium truck output will be 151,000 in 2017.
From January to April of 2014, China’s medium truck output and sales volume hit 57,300 and 56,200 respectively, down 19% and 15% separately compared with the same period in 2013. The decline rates touched the bottom since 2012, because medium trucks targeted at individual consumers, less economical than heavy trucks in long-distance transport while less flexible than light trucks in short-distance transport. In the future, the market share of medium trucks will shrink further under the threat of heavy and light trucks.
In terms of vehicle sales volume, China National Heavy Duty Truck Group, Dongfeng Automobile, Anhui Jianghuai Automobile, Chongqing Lifan and Beiqi Foton ranked the top with the respective sales volume of 14806, 10765, 6053, 4465 and 4405, accounting for 72.0% of the total sales volume of medium trucks together.
Know more about this report at : - http://www.marketresearchreports.com/sinomarketinsight/china-medium-truck-industry-report-2014-2017
As one of the major heavy-duty truck and military vehicle production bases in China, China Heavy Duty Truck Group is an all-series commercial vehicle conglomerate producing more than 2,000 models of heavy truck, medium truck, light truck, special trucks, buses, special vehicles and with brands such as Sitrak, Howo, Steyr, Huanghe Commander, Gold Prince, Hohan, Wangpai, Folor,and Wero, boasting the most complete range of drive types and powers in China’s heavy truck industry. In 2013, the Group operated nearly 900 sales units, more than 1,200 service stations, a nationwide distribution network, a parts supply network as well as an after-sales service & maintenance network.
The report contains six chapters and 75 charts, introducing China commercial vehicle industry, medium truck industry, competition patterns and future trends. It also analyzes profile, financial indicators, capacity, output, sales volume and development planning of 13 major domestic automobile manufacturers, such as China National Heavy Duty Truck Group, Dongfeng Automobile, Anhui Jianghuai Automobile, Chongqing Lifan Automobile, Beiqi Foton Motor, Sichuan Hyundai Motor and Zhejiang UFO Automobile Manufacturing.
Spanning over 90 pages, “China Medium Truck Industry Report, 2014-2017” report covering the Industry’s Macro Environment, Overview of Commercial Vehicle Industry, Overview of China Commercial Vehicle Industry, China Medium Truck Industry, Incomplete Medium Trucks, Major Enterprises. The report covered 13 companies - China National Heavy Duty Truck Group, Dongfeng Motor, Chongqing Lifan Automobile, Sichuan Hyundai Motor, Anhui Jianghuai Automobile, Jinbei Automobile Co., Ltd., Beiqi Foton Motor, Shandong Tangjun Ouling Automobile Manufacture, Zhejiang UFO Automobile Manufacturing, FAW Group, Hubei Tri-ring Special Vehicle Co., Ltd., Qingling Motors, Shandong KAMA Automobile Manufacturing Co., Ltd.
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