A Brief Analysis of the Impact of the Macro Economy on the Heavy Truck Market in 2005

Over the past two decades, China’s heavy truck market has grown to 1.5 million trucks. From 1998 through 2004, the market was in booming. But in the next few years, the development pace will be slowed down, mainly due to the macro regulation and control. It is well known that China’s auto market has been dominated by government policies and the heavy truck segment is in particular no exception. It is reported that after the “car rush”, this year’s focus is heavy trucks. On top of the ca…