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In March, the domestic heavy truck market sales reached 86,000 units, compared with 46,000 units sold in January and 39,600 units in February, which represented a significant increase of 117% year-on-month. The market rebounded strongly and heavy truck and heavy-duty engine companies boasted a breeze. The reason why the market soared was that the demand for users had not been fully released due to the severe economic situation in the country for a period of time. The market ushered in the increase after the “two sessionsâ€; the second started with the early start of the market for car manufacturers There is a certain relationship between purchases; the third is the implementation of the National 4 emission regulations on July 1st, which will increase the user's purchase and maintenance costs, as well as overdraw some of the demand in advance. In this case, the heavy truck market in April will continue to be optimistic about the ring, it is expected that this wave of the market will continue until mid-May.
In the first quarter, the domestic heavy truck market sold 169,000 units, a year-on-year decrease of 34,000 units, a year-on-year decrease of 17%. Among them, the sales of highway heavy trucks accounted for 64%, and the share of sales was 6% lower than that in 2012. The sales of heavy trucks for engineering dumps accounted for 36%, which represented a significant increase in the proportion of shares compared to last year. The increase in its share was due to the fourth quarter of last year. High-speed rail investment expansion effect and the start of some infrastructure projects. The decline in the share of highway heavy trucks and the "two lows" of China's macro economy last year's low growth and low inflation, the lack of domestic demand, and the downside risks faced by the economy.
In the first quarter, the matching ratios of Weichai, Xichai, Dongfeng Cummins, and Yuchai, the main engine companies equipped with domestic heavy trucks, accounted for 29%, 16%, 15%, and 15%, respectively, of which Yuchai’s share in highway heavy trucks With the gradual improvement of the company’s heavy-duty engine platform and the user’s widespread acclaim, the share is gradually increasing, and the market situation has transformed into a good balance of power and gradually developed into a good pattern. Yuchai's YC6MK heavy-duty 10-liter displacement engine has a good reputation in the engineering dump truck market. After market development, the heavy truck market has also been developing steadily; even in the first quarter, the proportion of highway heavy truck market shares fell. The proportion of Yuchai's fittings still increased compared to last year. Among them, the 340-horsepower and 375-horsepower segments have become the main selection products for users, and the 375-horsepower YC6MK engine has shown a good momentum of production and sales in March.
Yuchai's “Professional, Efficient, Leading, and Applicable†business strategy runs through the entire process of the product life cycle. Product specialty segmentation is managed from the perspective of development, application, production, marketing, and service. It is precisely because of this new YC6MK heavy-duty engine for highways that is aimed at the domestic market characteristics of highway transportation. It is jointly developed with the European AVL company's four-valve engine, featuring strong, reliable, highly efficient fuel economy, low noise and environmental protection. At present, YC6MK is mainly used in domestic Key brand heavy truck products. Among them, Dongfeng Liuqi brand tractors have a 40-ton capacity and a fuel consumption of less than 41 liters per 100 kilometers. Drivers can easily navigate, the fuel consumption value is ideal, and happy work makes money easy for drivers to feel the many benefits of Yuchai's YC6MK heavy-duty engine. Yuchai YC6MK heavy-duty engine supporting heavy trucks along with the gradual recovery of the market, the market will further increase the amount of rapid expansion.