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It is understood that in 2010, Guangxi's medium to heavy truck market capacity was 24,000 to 25,000, compared with only 19,000 vehicles last year, which grew rapidly. As a local company in Guangxi, Dongfeng Liuzhou has a good performance in the Guangxi market. From January to October this year, Liuzhou Automobile sold about 14,800 vehicles in Guangxi, mainly 8×4 heavy-duty trucks with engine horsepower exceeding 270 horsepower.
The products of the Changchun Liberation Changchun Plant sold 842 vehicles, which was almost double the year-on-year increase. The sales of the Qingdao Plant's products were more than 1,000 vehicles, which was basically the same as last year. The main sales products of the Changchun Plant are 6×4 J6 tractors and 8×4 trucks; the Qingdao Plant sells mainly small cargoes and the 'Three Races' series (Sailong, Saihu, Sailing Unicorn), among which the three races The series sold more than 700 vehicles. 8×4 trucks are mainly used to pull coal, fruits and vegetables, and tractors are used to run road logistics, pull coal, seafood, steel and so on.
From January to October 2010, Dongfeng Commercial Vehicles sold a total of 1800 vehicles in the Guangxi region. In 2009, the sales volume was 1,006 vehicles. The target in 2010 is to achieve a target of 2,000 vehicles and increase the market share by 8%.
China National Heavy Duty Truck has a strong momentum in the heavy truck market in Guangxi, where 60% to 70% of the dump trucks are CNHTC's products. Annual sales are expected to exceed 3,000 units, compared with just over 1,700 units in 2009.
It is understood that the main reason for the prosperous market in Guangxi is that the capital investment has been gradually put in place. This year, Guangxi Province has started 13 highways, a high-speed rail to Guangzhou, and construction projects of the two ports of Tieshangang and Qinzhou in the Beihai, to pull heavy vehicles. The market demand has soared. Nanning will file documents for the treatment of urban garbage and construction waste, and urban engineering vehicles must be stamped. This will lead to the replacement of urban engineering vehicles.
At the 7th China-ASEAN Expo, which was held from October 20 to 24, 2010, China's heavy truck products attracted extensive attention. Vietnam is focusing on infrastructure, including railways, highways, and real estate, and the demand for construction vehicles is relatively strong. The port construction is also strengthening, so there is also a demand for logistics vehicles. In addition, Vietnam has a lot of coal mines, Vietnam has the world's largest open-pit coal mine, and they are all high-quality coal. There are tens of thousands of dump trucks in a coal mine. In Vietnam, Chinese products can account for 80% of the market, in addition to some brands of Hyundai and the United States. The annual demand for heavy trucks in Vietnam is 3,000 to 5,000 vehicles, and the demand for heavy trucks corresponds to the poorly-developed automobile industry in Vietnam and is still in a simple assembly stage.
However, since last year, the Vietnamese truck market has also undergone some changes. The wealthy class in Vietnam mainly accumulates wealth through mining, such as coal mines and copper mines. The demand for heavy trucks in the Vietnamese market is not as big as it was the year before. Because minerals were previously privately developed in Vietnam. Since the beginning of last year, the Vietnamese government has gradually managed the exploitation of mineral resources. The development of mineral resources is more orderly than before, and thus, the vehicle’s The demand for growth has become relatively stable.
Although the free trade zone has provided convenience for the export of heavy trucks in China, there are still some problems that plague manufacturers and distributors. The biggest and most difficult problem facing exports is the recycling of old parts. It is more convenient for parts and components to go from China to Vietnam. However, the old parts are recycled as a whole and they need to be declared. Customs procedures are troublesome and old parts cannot be returned. Our service process takes place on an old basis. If there are no old ones, then the entire service becomes obsolete. In addition, due to fluctuations in exchange rates, there are also uncertainties in export earnings.