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Aug 5, 2014

TRUCKS MARKET * China

* High-end trucks set to take bigger share

(Photo: Trucks bound for Beijing stand virtually still on the Beijing-Tibet Expressway) 
Beijing,China -ECNC, by Qin Dexing -4 Aug 2014: -- Logistics firms focus more on efficiency... China's truck market - the largest in the world - is a pyramid structure with medium and lower-end products ranging in price from 300,000 yuan ($49,180) to 800,000 yuan taking about 80 percent of the share... Statistics from the China Association of Automobile Manufacturers show that 1.77 million trucks were sold in the first half, a drop of 4.27 percent on an annual basis... Only the heavy-duty truck segment showed an increase as it rose 6.53 percent while lower-capacity commercial trucks all reported sales declines...

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