"The data of China National Heavy Duty Truck in March will certainly look better. The recovery rate of the entire heavy truck industry exceeds the industry's expectations!" Yesterday, an analyst at a well-known domestic brokerage company on the way to a fund company in Shenzhen told reporters of the "Daily Economic News" that he This trip is the latest trend in the exchange of funds to the fund companies. The heavy truck will be the focus of his promotion.
CICC: It is expected to increase by 80% from the previous period
CICC analyst Wang Zhihui said in a newly released research report yesterday: “We recently investigated heavy-duty listed companies and found that the heavy-duty truck market rebounded more than expected. China Heavy Duty Truck, Weichai Power and other manufacturers have full orders in March, and sales are expected to reach in March. Realize year-on-year growth.†CICC expects sales in the entire industry to climb to 55,000 units in March, an increase of over 80% from the previous period, which is significantly more than the 40,000 to 45,000 vehicles previously expected. At the same time, CICC also significantly raised its 2009 heavy truck sales forecast from the previous 381,000 to 408,000 units, up 7%.
The brokerage analyst who declined to be named said to reporters that the heavy-duty truck industry is closely linked with investment in fixed assets. It is estimated that for every 1% increase in fixed-asset investment, sales of heavy-duty trucks will increase by 1.3%. The increase in business orders mainly comes from dump trucks and cement mixers. It is mainly used in the engineering field and is closely related to infrastructure construction. This is also a result of the country’s RMB 4 trillion stimulus domestic demand policy.
China National Heavy Duty Truck: Up to 5,000 Sales in March
“The factory area we visited was full of busy scenes!†said Yu Tate, a car researcher at Tianshui. He recently investigated Sinotruk and discovered that the company’s worst market demand is already over. From the perspective of order execution, The entire first quarter was significantly better than the third and fourth quarters of last year. At the same time, February was better than January, and March was much better than February.
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