Domestic market demand and supply for tyre, heavy duty truck in China
1. Tyre:
Since the beginning of this year, tire companies such as Linglong Tire, Sailun Tire and General Motors have declined in production and sales. Among them, Linglong Tire produced 16.72 million tires in the first quarter, down about 5.99% year-on-year; Sailun Tire produced 11.16 million tires in the first quarter. A year-on-year decrease of about 4.9%; GM's tire output in the first quarter was 2.15 million, a year-on-year decrease of about 4.4%. In terms of revenue, Linglong Tire’s tire product revenue in the first quarter was 4.3 billion yuan, down 12.2% year-on-year; Sailun Tire’s tire product revenue in the first quarter was 4.408 billion yuan, up 18.0% year-on-year; GM’s tire product revenue in the first quarter was 1.109 billion yuan, A year-on-year increase of 6.5%.
Source:https://www.vzkoo.com/read/202205192215f596bc1184c298ec1c95.html
2.Heavy duty truck:
In January, the sales volume of the heavy truck market fell by 48.0% year-on-year; in February, the market sales volume expanded to 49.8% year-on-year; due to the impact of the spread of the epidemic in many parts of the country, the sales volume of the heavy truck market in March was only 76,760 units, down 66.6% year-on-year; in April Only 43,800 units were sold, the lowest April sales since 2007, with a year-on-year decline of 77.3%.
According to the preliminary data of the first commercial vehicle network, in May this year, my country's heavy truck market sold about 47,000 vehicles, a slight increase of 7% from April this year, a decrease of 71% from 162,100 vehicles in the same period of the previous year, and a net decrease of 115,000 vehicles. vehicle. The 45,000 sales were the lowest in May since 2007 and were only up from 28,200 in 2006. May this year was also the thirteenth consecutive month of decline in the heavy truck market since May last year.
After May, the cumulative sales of the heavy truck market from January to May 2022 was 323,000 units, a decrease of 64% from 887,000 units in the same period of the previous year, a decrease of 564,000 units.
Monthly trend chart of my country's heavy truck market sales from 2015 to 2022 (unit:vehicle)
Source:https://www.sohu.com/a/553002554_376032