FIRST MONTH OF 2015, SALES OF HEAVY TRUCKS FELL HEAVILY
As predicted, the market fell.
Heavy truck market in January sales totaled 39,000, dropped 24 percent to last year of 51,194, the chain has dropped 31 percent over last December (56,363).
"An nest eggs will survive," the overall decline in the heavy truck market, each company performance is also not ideal. Industry leader Dongfeng heavy truck sales in January was about 10,000, an increase of 10% - DONGFENG is the only one of the mainstream business players as positive growth; FAW heavy truck and SINOTRUK sales were 7200 and 5100, down 22%, respectively, and 44%; FOTON and SHACMAN Auto sold 4900 and 2800, down 35% and 48%. Sixth was JAC heavy truck sold in January 2800, down 14%, SAIC Iveco Hongyan, CAMC and BEIBEN heavy truck sales were 808, 1540 and 1000, down 55%, respectively, 6% and 5 %.
2015 has a poor start to the heavy truck market, which continued to be the direct cause of continued macroeconomic weakness. According to official data released by the National Bureau of Statistics, December 2014 China Manufacturing Purchasing Managers Index (PMI) was 50.1%, down 0.2 percentage points lower than in November; January 2015 the Chinese manufacturing PMI was 49.8%, compared with 12 month fell 0.3 percent, but fell again to Coorong line (50%) or less. Judging from the trajectory of history, from the beginning of the manufacturing PMI index in August last year to enter the downstream channel, from July 2014 51.7% of the recent highs all the way down to the bottom line of 49.8% of the Coorong, inadequate exposes domestic demand, the production shrinkage, destocking continued the grim economic situation.
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