According to the latest data available, in April 2020, China's heavy truck market sold about 180,000 vehicles of various types. The monthly sales volume of 180,000 vehicles increased by 52% compared with the same period of the previous year and increased by 50% compared with March. This is the highest moment in the history of the development of the heavy truck industry in China and the world, and it has set a new monthly record for the global heavy truck market.
There are two main reasons for the record high of the heavy truck market in April.
On the one hand, after experiencing the “demand suppression” in the market in the first quarter, especially in February and March, the speed of order picking up in the heavy truck market has been very obvious since the end of March and early April, and large orders from various companies have come in succession. Since the suppressed demand for car purchases in February and March was quickly released in April, the terminal demand recovered rapidly. The order of the logistics vehicle market exceeded the level of the same period last year. Tractor and gas vehicles are "leading" industries, and the demand is relatively strong.
At the same time, with the initiation of investment in infrastructure projects in various regions, the market demand for engineering vehicles has picked up at a speed that has "kept up with the large army" and orders are full; The company can be said to "pull up its sleeves and refuel", "full firepower", and employees on the production line work overtime (some enterprises' production lines are still roaring in the middle of the night), in order to meet the orders of dealers and users as soon as possible demand. In this situation, the production and sales of mainstream heavy truck manufacturers have created their own historical records.