Pang Qinghua: The heavy truck market in 2012 was “low before and after high”

As the head of the giant automobile trade, Pang Qinghua's view on the domestic heavy truck market this year is "low before and after high."

Huge Motor Trade, the largest heavy truck distribution company in China. For the domestic mainstream heavy truck companies, the huge automobile and motorcycle trade has occupied a "big" sales. At the same time, the heavy truck business is also an important business of Pang Qinghua's many corporate businesses.

Speaking of last year's heavy-duty truck business, Pang Qinghua said that he has "made money"; and for this year's heavy-duty truck market, Pang Qinghua said: "This year's market conditions are not ideal, but the second half should be able to get better, and can put the first half of the ' Bad 'make up back.'

Why the market will improve in the second half? Pang Qinghua explained: “A lot of infrastructure projects have been stopped now. Many people have taken the ground without starting work. This situation cannot continue. Moreover, the country’s reserve requirement ratio for this year has only been cut by 0.5 percentage points, which is far from enough. We have to continue to lower the number of loans. When the credit is relaxed, those infrastructure projects can be started again, which in turn will lead to a gradual improvement in the heavy truck market."

Regarding market segments, Pang Qinghua believes that the tractor market in the second half of the year will certainly be good, but the dump truck may still not be very good.

Referring to the "Regulations on the Protection of Highway Safety" (hereinafter referred to as the "Regulations") that the state began implementing on July 1 last year, Pang Qinghua believed that the "Regulations" did not have much impact on the heavy truck market. At the same time, he believes: "The state's promulgation of policies and regulations can not be like convulsions, bursts of a while. Since the policy has been enacted, it must be strictly implemented, or users will be difficult when buying a car. For example, the Ministry of Industry and Information Technology issued a period of time, "about further improvement The technical performance of large and medium-sized passenger trucks strengthens the notice of management and registration management of vehicles' announcements, which strictly regulates the physical dimensions of vehicles. As consumers do not know whether this requirement can be strictly enforced, consumers are For instance, when buying a car, it is very difficult to make decisions - whether it is strictly in accordance with the size of the state, or according to the market's oversize limit? If not according to the requirements of the state, then afraid of the country to strictly investigate; if in accordance with national regulations, However, the state is not strictly implemented, and vehicles on the market are still overrun vehicles. Therefore, the purchase of such standard-size vehicles is not competitive. This really makes consumers difficult.”

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