Vehicle Sales Situation The sales volume of FAW Jiefang in August was 21,163 units, continuing to maintain its position as the monthly sales champion; The sales volume of Dongfeng Commercial Vehicles in August was 16,622 units, returning to the second place; The sales volume of Sinotruk in August was 16,350 units, ranking third, and it was once again overtaken by Dongfeng Commercial Vehicles; The sales volume of Shaanxi Automobile Heavy Trucks in August was 16,220 units, ranking fourth. The monthly sales volumes of the top four heavy truck enterprises in August all exceeded 10,000 units, and the sum of their monthly sales volumes accounted for 75% of the entire industry, with a significantly expanded proportion. There are many catalysts for the hot sales of heavy trucks this year. After the implementation of GB1589 and the highway overloading and limit control, the decline in transportation capacity requires the replenishment of new vehicles, which has driven the growth of sales of logistics vehicles. And at present, the scope of overloading and limit control is still expanding and the intensity is still becoming stricter; The favorable macroeconomic situation and the better-than-expected fixed asset investment have driven the sales of construction vehicles to recover; The vehicles sold from 2009 to 2011 have ushered in a peak of replacement, and many vehicle owners chose to postpone the renewal due to the poor situation in 2015, resulting in extremely strong explosive power this year; Environmental protection governance has led to the demand for replacing old national standard vehicles and purchasing LNG heavy trucks in some local areas, and so on. Driven by many factors, the explosiveness and sustainability of heavy truck sales are expected to continuously exceed expectations.
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