Alixpartners, a global business consulting firm, predicted on Wednesday that although mid- and heavy-lift truck production in Europe and the United States is gradually picking up, more than half of the global commercial truck market growth in the next five years will come from emerging market countries such as China.
The agency expects that the world's heavy truck production will reach 3.657 million units in 2014, an increase of 1.8 million units compared to 2009, of which China’s production will increase by 439,000 units, with an increase of 24%, and emerging countries such as Russia, Brazil, and India are also Will contribute no small increase.
Last year, the output of medium-sized and heavy trucks in the world decreased by 29% year-on-year, while the Chinese market showed an increase of 22%. In terms of production units, China accounted for 49% of the world and became the world's largest manufacturer of commercial vehicle industry. Even considering the Chinese truck The price is only about half of that in Europe and the United States, and China also accounts for 25-30% of the global market share.
China has five truck manufacturers among the top 15 suppliers of commercial trucks in the world. Among them, Dongfeng Motor and FAW Group rank second and third, second only to Daimler Group; China National Heavy Duty Truck ranks seventh, Futian Ranked the tenth. The current domestic truck factory has occupied about 98% of the Chinese market share, and the passenger car market is completely different, foreign companies in the field of passenger vehicles take the lead.
The agency believes that some foreign companies have already stepped up alliances with domestic truck manufacturers. There are not many potential partners for foreign companies wishing to enter the Chinese market.
After 2009, international manufacturers accelerated their cooperation with domestic truck factories. For example, German MAN acquired 25% shares of Sinotruk; US General Motors [GM.UL] established light truck joint venture with FAW; Foton and Daimler established shares Half of the heavy truck joint venture.
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