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April heavy-duty truck sales hit record 121,000 units, rising inventory could be trouble

Another month, another record. With 121,000 heavy-duty trucks sold, up 16 percent year-on-year, April 2018 broke the old April sales record of 115,900 units achieved in April 2010, according to the latest manufacturer reported data obtained by cvworld.cn. It also represented the second consecutive month in which monthly sales record

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Dealer discontent and license plate restrictions reveal true state of market

Happy New Year! The last couple of weeks of 2014 were quite eventful for the industry. Dealers of both luxury and popular brands “revolted” against OEMs for inventory stockpiling and unreasonable sales targets, while Shenzhen on December 29 became the latest city to restrict license numbers. The dealer-OEM “standoff” has carried

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Auto dealer inventory alert index reaches 46.3 percent in April

BEIJING – The inventory alert index (VIA) of Chinese automotive dealers in April rose 1.8 percentage points month-on-month to 46.3 percent, according to recent data released by China Automobile Dealers Association (CADA). The slight growth rate of the VIA indicates that demand for automobiles in April was unchanged compared to

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Heavy-duty truck sales may increase 19 percent in 2013

China’s heavy-duty truck sales may reach 760,000 units this year, up 19 percent from last year, representing a volume increase of more than 120,000 units. The unexpected growth rate and volume increase will no doubt headline the commercial vehicle sector and is also worthy of headlining the entire auto industry.

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Dealer inventory ratio continues to decline in August 2013

BEIJING – Average inventory ratio (inventory over sales) of Chinese car dealers in August 2013 dropped 0.11 to 1.35 compared to July, down 0.3 year-on-year, according to data released by China Automobile Dealers Association (CADA) recently.                                                                                                                                                          Source: CADA In the month, the average inventory ratio of Chinese and

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