Heavy truck expect to ride out the downturn next year
The 2009 Commercial Congress was held by Sinotruck and Sinotruck Hong Kong Branch on December 20th. Ma Jichun, chairman of the group, said that opportunities and challenges exist side by side in heavy truck industry. But the opportunity is greater than the threat. And he ensured that the production and sales will have an increase in 2009. And they strive to make the production and sales of the heavy-duty vehicle to 125,000 units.
View from the development trend of heavy-duty industry, domestic market demand will slow down next year. But with a series of national policy in place step by step, the heavy truck industry will be the first to benefit.
It is expected to rebound significantly in the second quarter next year. And it can be concluded that market conditions in the second half of next year will be better than the second half of this year.
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