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The heavy truck market in 2011 ushered in a good start. If at the end of 2010, the heavy truck companies are still not clear about the market in 2011, sales in January will undoubtedly allow heavy truck bosses to take a rest.
According to the data released by various companies, in January 2011, all companies achieved relatively good sales performance with an increase of over 50%. The Liberation Company produced 24,120 medium- and heavy-duty trucks and sold 20,913 vehicles in January, of which J6's monthly production reached 9112, which exceeded its projected mission by 116%. China National Heavy Duty Truck produced 21,072 cars and sold 1,802 cars. Hongyan sold 3197 heavy trucks in January, an increase of 53% year-on-year. JAC heavy trucks sold 2,934 vehicles, an increase of 79.89%. Dongfeng Commercial Vehicle Co., Ltd. even reported that it had sold 32,548 vehicles in January 2011, an increase of 45% year-on-year, far higher than the average increase in the industry, and its market share further increased. Among them, the sales volume of medium- and heavy-duty trucks exceeded 20,000 units, an increase of 22% year-on-year, maintaining and continuation of good business operations, and securing a leading position in the medium and heavy truck industry.
In addition, in January 2011, Fast Transmission achieved a sales revenue of 1.29 billion yuan, and sales of automobile transmissions exceeded 92,000 units. All operating indicators created a single month historical record. Because of the strong sales in January, Fast has established a target plan for annual production and sales income of RMB 14 billion, and will complete the production and sales of transmissions that will insure 1 million units. Based on the sales volume and market share of Fast Transmission, it can basically be inferred. In January, the total sales volume of heavy trucks nationwide was 110,000.
The Fast Group expects that the situation in March will be even better, and it will be better in April. Fast will strive to break one million transmissions in 2011 (853,000 units sold in 2010). Many heavy-duty truck companies are similar to Fast's. Many companies have already raised their sales and marketing plans for 2011 because of strong sales in January.