The Chinese commercial vehicle market has experienced some new trends in recent years after undergoing one round of cyclical high-speed growth. After the “blowout†type of growth in 2004, the medium-heavy truck with the most production data features experienced a serious decline in 2005, with a 22.8% decline. In 2006, the commercial vehicle market of the entire industry made self-adjustment, achieved a recovery rate of 15%, and produced and sold more than 2 million vehicles in the year, and the total amount reached the top in the world.
In the face of ups and downs, many insiders are puzzled. What is the future development trend of China's commercial vehicles?
On April 18-20, 2007, China Business Update/China Automotive Review hosted the "China: The Opportunity and Challenge Faced by the World's Largest Commercial Vehicle Market" at the International Seminar, "The Environment of China's Commercial Vehicle Market. And the "International Competitiveness (I)" topic will be devoted to discussion. Tong Dongcheng, general manager of Dongfeng Commercial Vehicle Co., Ltd. and Zhao Weichun, vice president of Beiqi Foton Motor, will deliver a wonderful speech on this topic.
Mr. Tong Dongcheng currently serves as vice president of Dongfeng Motor Co., Ltd. and general manager of commercial vehicle company. On January 6, 2007, Dongfeng Commercial Vehicle Co., Ltd. took the lead in the "Official Investigation" - "China Public's Most Reliable Automakers' Public Opinion Survey" activities organized by the National Bureau of Statistics and other organizations. "Big car manufacturers", "China's public opinion is the most influential top ten car manufacturers" and other five awards. At the same time that it won the majority of users' approval, Dongfeng's sales have also steadily increased. The data shows that in 2006, Dongfeng sold 67,600 heavy trucks and sold 60,800 mid-caps. The segment market share still ranked first in the industry. Among them, Dongfeng Commercial Vehicle Company’s sales of heavy trucks accounted for 88% of Dongfeng’s total sales of heavy trucks. At the conference, Mr. Tong will make a rational analysis of the development of commercial vehicles in accordance with relevant national policies, the trend of the national economy, WTO commitments, and industrial competition.
Mr. Zhao Weichun is currently the Deputy General Manager of Foton Motor Company. He has been engaged in market research, marketing management and market development management since October 1995. He has served as Minister of Market Development, Deputy Manager of Sales Company, and President of Technology Research Institute. Foton Motors is a comprehensive automobile manufacturing company that is listed in the domestic market and is mainly engaged in the manufacture of commercial vehicles. The product line includes a full range of trucks, a full range of passenger cars and some passenger cars. All products use their own brands. In 2006, Foton sold and sold 344,000 vehicles, which ranked fifth in China's auto industry and first in commercial vehicles. It is one of the major auto manufacturers of China's own brands. Since its establishment 12 years ago, Foton Motor has created several miracles in the Chinese automotive industry with its unique business model. Mr. Zhao will provide advice and suggestions on the development of commercial vehicles from the perspective of industrial policies and regulations.
The seminar was co-sponsored by China Automotive News and Sohu Automobile. It was held at the Hongdae Hotel, Shanghai on April 18-20 and will be broadcast live on the Sohu Automotive Channel. Our China Automotive Review (CAR), a full-color English monthly magazine, will report on this issue. Dongfeng Commercial Vehicle Company is the platinum sponsor of this conference. Other sponsors include: Global Insight, FK MidAmerican Consulting, Delphi, Tenneco. Media cooperation includes: WARDSAUTO.COM, Commercial Vehicles, China Automotive New Network, Shanghai Automotive News, and media support: China Automotive Industry, Automobiles and Accessories, China Heavy Duty Truck Network.
A one and a half day session will consist of the following topics
1) Policy Environment and International Competitiveness of Commercial Vehicle Market in China (I)
2) Policy Environment and International Competitiveness of Commercial Vehicle Market in China (II)
3) From the commercial vehicle to the passenger vehicle market: China's unique development model
4) Round Table Discussion: Demand and Customer Analysis of China's Light Commercial Vehicle Market
5) Development and Future Trends of Heavy Trucks and Special Vehicle Markets
6) Engines, Transmission Systems and Supply Chain: How to Meet Growing Market Demand
For the latest progress of the conference, please visit the China Automotive News Website () or send us an inquiry.
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