The power of the National III emission standards that was implemented on July 1 this year was quickly reflected. Statistics show that in July, commercial vehicles quickly changed from hot sales to production and sales. The sales volume of China Cards decreased by 16.01% year-on-year, and the heavy trucks saw the first year of negative growth in production and sales. To this end, domestic commercial vehicle companies have quickly adopted strategies such as price cuts and lower production and sales targets to cope with the cooling of commercial vehicles.

According to the statistics of China Association of Automobile Manufacturers, in July of this year, the production and sales of commercial vehicles were 189,700 and 177,600, respectively, a year-on-year decrease of 17.25% and 28.5%; compared with July 2007, the output increased by 4.36% compared to the same period of last year, and sales volume decreased year-on-year. 3.35%.

In the commercial vehicle market segment, large passenger cars, micro-cards and micro-substances performed well: In July, sales increased by 37.1%, 48.9% and 37.85% respectively year-on-year. However, heavy-duty trucks and medium-card markets are not optimistic: In July, heavy truck production was 20042 units, down 54% year-on-year; sales of 18,380 units were down 26.72% year-on-year, which was the first time that heavy trucks saw negative growth in production and sales in recent years. Compared with June, the production and sales of heavy trucks plummeted, with output falling 29.46% and sales falling 51.96%.

“Before, we expect the heavy truck market to cool down in the second half of the year because the implementation of the National III emission standard on July 1 will have the greatest impact on heavy trucks because the National III heavy truck is generally 20,000 to 50,000 yuan more expensive than the State II heavy truck.” Sun Muzi, a securities auto analyst, said that “a considerable number of consumers purchased the National II heavy truck before July 1st to avoid the risk of rising costs. This move promoted the heavy truck bull market in the first half of the year and caused an overdraft in demand in the second half of the year. ”

Because of this, in July, there were only two heavy trucks (more than 14 tons of total mass) selling more than 5,000 vehicles: China National Heavy Duty Truck and Shaanxi Automobile. This contrasts sharply with the monthly sales of over 10,000 vehicles by heavy truck companies in the first half of the year.

Although the light-duty truck market still rose slightly in July, the industry still lowered expectations for light trucks: In July, the country produced 86,257 units of light trucks and 83,456 units, an increase of 6.95% and 1.79% year-on-year, and a decrease of 14.42% and 19.24% respectively.

Lin Wei, Secretary-General of the China Light Vehicle Joint Analysis Association, pointed out that since the light trucks with a capacity of 3.5 tons or less are subject to the implementation of the National III standard for one year, light truck performance is also acceptable. It is expected that this effect will be reflected in the future. It is expected that the sales of young cards will increase by about 10% year-on-year.

A commercial vehicle dealer stated that the young card market may become difficult in the second half of this year. On the one hand, the wait-and-see mood of consumers is relatively strong, and the number of people buying cars is not large. On the other hand, the price increase of vehicles after the implementation of State III will further affect the desire to purchase cars.
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