Research and Markets: 2008 China Heavy Truck Industry Report

DUBLIN, Ireland--Research and Markets _heavy

China's heavy truck industry grew rapidly in the period 2000-2004. The sales of heavy truck jumped to 370,795 units in 2004 from 82,184 units in 2000, hitting the highest of industry cycle.

In 2005, China's heavy truck industry had a negative growth due to impact of macro-economic control and skyrocketing oil prices, making the industry fall down to the bottom of industry cycle. The sales in the year reached 236,600 trucks, decreased 36% year on year.

In 2006, the industry had a recovery growth, the sales stood at 307,300 trucks, increased 30% year on year.

In 2007, the industry maintained the growth momentum in 2006; the sales reached 487,500 trucks, up 58.64% year on year. Among which, China National Heavy Duty Truck Group ranked the No.1 in terms of sales of 99,800 trucks, followed by FAW Group Corp. with sales of 96,200 trucks. Dongfeng Motor, Shaanxi Automobile Group and Fortan Motor ranked the third, fourth, fifth places respectively.

In the first half of 2008, the sales stood at 380,100 trucks, up 48.38% year on year. It is estimated that the sales will continue to grow in the second half of the year, but the growth rate will slow down.

Based on the authoritative statistics of the National Bureau of Statistics and China Association of Automobile Manufacturers, this report makes a thorough study on the current situation, market size, profitability, competition and key companies of China's heavy truck industry, and also makes a development forecast.

Key Topics Covered:

1. Brief Introduction of China Heavy Truck Industry

2. Relevant Factors of China Heavy Truck Industry

3. Operation Status of China Heavy Truck Industry

4. Competition of China Heavy Truck Industry

5. Development Trend of China Heavy Truck Industry

6. Key Enterprises of China Heavy Truck Industry

7. Conclusion

Charts

Companies Mentioned:

- China National Heavy Duty Truck Group

- FAW Group Corp.

- Dongfeng Motor Co., Ltd.

- Shaanxi Automobile Group

- Beijing Fortan Motor Co., Ltd.

- SAIC—IVECO Hongyan Commercial Vehicle Co., Ltd.

- Baotou North-Benz Heavy Automobile Co., Ltd.

- Anhui Hualing Heavy-duty Automobile Co., Ltd.

- Anhui Jianghuai Automobile Group Co., Ltd.

- Hubei Sanhuan Development Co., Ltd.