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TRUCKS' MARKET * China - Heavy motor truck - perpendicular integration imminent
The Chinese automobile market Enter elaborate period of adjustment ?
Beijing,China -article read, by paulhu -3 April 2009: -- Profit margins decline in the consumer price index and the high volatility of stock market wealth in a variety of complex economic factors that interfere with, the 2008 automobile market will become a “turning point of the year” or “adjustment year”? ... “I expect that in 2008 the prospects for the automotive industry neutral.” Cazenove Asia analyst with the automotive and construction foundation June 4 Yerin told reporters... Yerin looked frontwards to weighty motor truck development in 2008 to about 10 out of 100 complete growth. In her scenery, the agent start in July this year, implementation of the re-Caio Ⅲ emission yardstick guideline will not source clients to pay for in advance.... Yerin at Euro Ⅲ standard recommendations prior to the implementation of power Weichai temper sale; in the fourth quarter of this year, Euro Ⅲ emission standards for the implementation of the net after bad buying CNHTC... She remarked that the Chinese heavy lorry industry a tall degree of integration, the top three companies accounted for 60% of market share, companies possess vertically integrated supplier capacity. China National Heavy Duty Truck for example, companies such as SAIC Iveco Hongyan engine has its own blueprints towards do... It is comprehended that the Chinese weighty motor truck, as well as its parent financial gathering is China’s greatest weighty motor truck fabricator, inhabits 21% market share. One of China National Heavy Duty Truck 17 out of 100 share of the market share. Weichai Power is China’s greatest heavy-duty motor truck mechanical devices and makeup equipment motor supplier, the holders of China’s fourth greatest weighty motor truck manufacturers in the bulk of the shares. The statement of radiant recital in 2007 and the first quarter of 2008 development sales expansion of 59% of the written knowledge, a spiky get higher in store costs of both companies...
* Brazil - Vehicle Sales Rose 17% on Tax Breaks, Rates
Sao Paulo,Brazil -Bloomberg, by Fabiola Moura -April 3, 2009: -- Brazil vehicle sales rose 17 percent in March, the first increase in six months, as buyers in Latin America’s biggest economy took advantage of lower taxes and falling interest rates... Passenger-car and light-truck sales rose 18 percent to 260,959, Fenabrave said. Sales of commercial trucks and buses fell 7.6 percent to 10,434...
Labels: trucks markets worldwide
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