The fastest growth of mini-vehicle share in the past three years

Among the broad commercial vehicles (including passenger cars, passenger vehicles, non-integrated vehicles, trucks, trucks, non-integrated vehicles, semi-trailer tractors, and crossover models), the fastest-growing share of the market in 2007 has been mini vehicles, followed by heavy vehicles. The share of light, medium and large vehicles has gradually decreased (see Figure 1 and Figure 2). The trend of the development of China's general commercial vehicles is toward two levels of weight (heavier and lighter).

The fastest increase in the share of mini-vehicles

In 2007, the proportion of mini-commercial vehicles (micro-vehicles, ie, micro- and mini-vehicles) in China’s total sales volume of commercial vehicles was only 37.73%, which increased to 38.70% in 2008 and increased to 46.88% in 2009. The monthly increase further increased to 46.93%.

The sharp increase in the share of mini-vehicles began in 2009. It can be seen that the preferential policies of the automobile to the countryside have contributed to its sales, and the investment of various car companies in micro-vehicles.

And be optimistic about micro-vehicles and increase the capacity of micro-vehicle expansion, in addition to earlier in the micro-car market leading companies, especially the two giants - Changan Automobile and SAIC-GM-Wuling, there are some in the micro-car market in the second The companies in the camp, such as Sichuan Nanjun Automobile Co., Ltd. (which started construction of a 200,000 micro-vehicle project on April 28 this year) and some non-traditional micro-vehicle production companies.

These non-traditional companies include:

The heavy truck market involved in the mini-vehicle market, such as Shaanxi Auto (the company has listed "heavyweight" micro-car - Fujia 6400),

A large group of companies involved in major market segments in the passenger car and commercial vehicle markets, but with a relatively low market share in the popular mini-vehicle market, such as Dongfeng, which has created a new micro- Car brand "Junfeng", and plans to mini-vehicle production and sales in 2014 exceeded 200,000 vehicles, the domestic micro-vehicle market share exceeded 5%),

Companies based on passenger vehicle business have increased investment in micro-vehicles, such as Chery (the company launched micro-car brand "Kairui" in early 2009. The sales volume of micro-cargo trucks has entered the top ten in April 2010 in Henan. The microcar project started on April 25 this year.)

Under the circumstance that major traditional and non-traditional mini-vehicle companies have increased their capital and expanded production, this market, which was neglected by many companies, has gradually become a new profit growth point for some companies, and the level of competition has increased. However, new entrants such as Chery can still achieve good results in the micro-car market, indicating that the market's maturity and concentration are not high enough. In the future, more companies will enter the mini-vehicle market.

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