Heavy truck companies bet on passenger cars to survive


For domestic heavy truck companies, the heavy truck market fell 31% year-on-year last year. Faced with this industry-wide downturn, the heavy-duty truck industry has continued to grow its business through the expansion of the passenger car business and its attack on overseas markets.

“The scale of the 100 vehicles should be considered a big one for passenger cars, so this year has had a 'good time'.” On the 14th, 100 passenger cars of CNHTC Jinan Haowo Bus Co., Ltd. will be shipped across the ocean. This is also the largest batch of export orders for the heavy truck company since its establishment.

Why do heavy trucks known as heavy truck leaders make passenger cars? The reporter learned from relevant personnel of CNHTC that as a listed company, the sales of heavy trucks of China National Heavy Duty Truck Group for the full year fell by 25.78% year-on-year. It is expected that the 2012 net profit will decrease by 50% year-on-year. -100%, power coach is an inevitable choice for product adjustment. The bus company now located in Zhangqiu, Jinan has an annual production capacity of 5,000 units, and the “Twelfth Five-Year Plan” will achieve an annual production and sales of 10,000 buses of various types.

Futian Automobile in Weifang is also quietly laid out. The reporter learned from the personnel of the Foton Motor Shandong Multifunctional Automobile Factory that since its foundation in 2010, the base has been trial-produced last year with a planned production capacity of 225,000 vehicles, most of which are minibuses and new energy vehicles. Similarly, Fukuda’s sales of heavy trucks in 2012 decreased by 12.6% year-on-year, while sales of large and medium-sized passengers increased by 43.7% year-on-year.

“Now the passenger bus business is increasingly valued by major commercial vehicle manufacturers, especially buses and school buses with broad market prospects, which are the focus of next-step industrial development.” A person in charge of Sinovac’s Haowo bus told According to the reporter, “The important point of passenger cars is clean energy. CNG and LNG vehicles currently account for half of our production capacity.”

The reporter learned that under the backdrop of the saturation of demand for heavy trucks, domestic truck companies have started to invest in the field of passenger cars. FAW and Dongfeng have been entering the passenger car industry for many years. Shaanxi Automobile's passenger car segment is also growing. Foreign MAN companies, Mercedes-Benz, and Scania also run businesses in multiple fields such as trucks, passenger cars, and passenger cars.

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