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Jul 11, 2014

TRUCK MARKET * China: CV sales

* Beijing - Trucks left in the dust as China vehicle market races ahead 

(Photo: China's trucks factory) 
Beijing,China -The Financial Times (UK), by Tom Mitchell -9 July 2014: ... Sales of trucks and buses declined over the first two quarters of 2014, in a development that analysts blame on commercial vehicle makers’ greater exposure to slower economic growth and stricter emission standards... Sales of commercial vehicles, however, are declining. They fell 3 per cent over the first six months to 2m units, according to CAAM, the leading lobby group for domestic vehicle manufacturers... China is the world’s largest market for trucks, accounting for almost half of global sales of those weighing 14 tonnes or more. About 600,000 heavy-duty trucks were sold in China last year, compared with about 200,000 in the EU... But that is down from an annual sales peak of almost 900,000 in 2011, and some industry observers forecast further decline as Chinese truck operators become more efficient...


* Shanghai - What a Chinese truck stop is like

(Photo: The entrance to the truck stop) 
Shanghai,SH,China -Overdrive, by James Jaillet -July 09, 2014: -- A Chinese truck stop outside of town. As you can guess, it was a good bit different than your average American stop...
(Photo: At this truck stop, shipping containers had been turned into offices for freight brokerages. The brokers working the offices have lined up loads, and the owner-operators at the truck stop can get loads from them. Nearly all of these containers here housed broker offices) 
For starters, this truck stop — deemed a tiny one — had parking spaces for about 400 trucks. According to our tour guides, it’s not uncommon for a Chinese truck stop to hold upwards of 10,000 trucks... And of shocking absence? Fuel islands. I’m not sure if this was out of the ordinary or if Chinese truckers just fuel their rigs elsewhere, but it was quite a departure from norm in the U.S.A., where fuel islands basically anchor most truck stops...

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