Special vehicle output decreased by 27.5% year-on-year in the first quarter

Statistics from China Automotive Technology and Research Center show that in the first quarter of 2012, the output of commercial vehicles in China was 855,000 vehicles, a year-on-year decrease of 15.29%, of which private vehicle production was 340,000, a year-on-year decrease of 27.52%, which was the decline in commercial vehicles. larger.

From the perspective of the growth in each month of the first quarter, compared with previous years, there was a big difference in the ratio of each month in the first quarter. The main reason is as follows: In the previous year, the Spring Festival was all in February, and the Spring Festival this year was 11 days earlier. As a result, the original production and sales volume in February was lower in January, and the New Year holiday was another major reason. The working day in January this year was only 17 days, which resulted in a larger year-on-year increase in output and a month-on-month increase. In comparison, due to the fact that the working days in February were more than in previous years, there was a significant increase year-on-year and month-on-month.

The following chart shows the monthly trend of special vehicles since 2011.


According to the survey, since 2011, the market of China's special-purpose vehicles has been in a sluggish state and has shown negative growth for many consecutive months. After entering 2012, this downturn has not yet improved. There are two main reasons.

On the one hand, the policy influence of the previous two years has overdrawn some purchasing power ahead of schedule, and has seen a significant decline from the previous year on a larger basis;

On the other hand, the country is facing high inflationary pressures, the government has adopted a prudent monetary policy, coupled with the implementation of strict control policies on the real estate industry, investment and economic growth have slowed down, these are to a large extent affect the special car market.

Entering 2012, China’s economic situation is more complicated. Judging from the current economic data, the growth rate of investment continues to decline, the import and export situation is not clear, credit growth is weak, and the increase in electricity consumption continues to decline. Various economic indicators indicate that the domestic economy is still in a downtrend, and it may be difficult for the special-purpose vehicle market to emerge from the downturn in the short term.

Judging from the subdivided models, in the first quarter, the market for special engineering vehicles performed poorly, with a year-on-year drop. The number of logistics-specific vehicles fell steadily, and operation-specific vehicles performed better, showing double-digit growth year-on-year.

The specific data are as follows: In the first quarter, the output of China's special-purpose vehicles was 150,600 units, a decrease of 46.61% year-on-year; the output of logistics-specific vehicles was 162,400 units, a year-on-year decrease of 1.35%; the output of special-purpose vehicles for operations reached 264,100 units. The year-on-year increase was 18.7%.