Commercial Vehicle Market to Meet Improvement

www.chinatrucks.com. As predicted by relevant organizations, domestic truck industry is to meet the end of sluggish condition and the market is expected to recover in 2013.

The heavy truck market has experienced an explosive growth from 2009 to 2010, which led to an excessive carrying capacity and the following sales decline. By simulating the growth rate of land freight demand, it is estimated that the demands in the first half of 2013 will meet a seasonal peak and the sales of heavy truck will re-enter the high speed growth.

Seen from a long term, the industrial chain distribution for commercial vehicle will probably meet adjustment. In a short time of period, the business environment for commercial vehicle dealers will be improved. Manufacturers have been prepared for the recovery.

Energy efficient products will maintain the growth potential within the truck market. Under the standard of energy efficiency, high-performance combustion engine system and relevant market has shown great growth prospective. Huge investment has been put into the R&D and promotion of vehicle in this kind by manufacturers with the attempt to get the drop on the emerging market.

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