The annual increase of commercial vehicle in next ten years to reach 9%
(chinatrucks.com, Dec 16, 2010) It is predicted on Dec 13th, 2010 that the increase rate of China commercial vehicle in next ten years will keep around 9%, which is lower than the average rate of 13.2% from 1999 to 2009.
The sales volumes of heavy duty commercial vehicle in 2010 have kept growing rapidly based on the high increase in 2009. Sales volumes of heavy duty commercial vehicle at Chinese market from Jan to Oct are 1,090,000, which have increased 50.7% by same time in 2009.
Increase rate of commercial vehicle in 2011 shall be fluctuated at a small gratitude based on the long term potential increase rate. Increase rate of commercial vehicle in 2011 shall be slightly lower than 9%, however, there is no large fluctuation gratitude.
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