On the basis of the production and sales of millions of heavy trucks in 2010, an additional one million vehicles will be added. What does this mean for the current heavy truck market? When investigating the statistics of the capacity expansion plan for truck companies, it was surprisingly discovered that in the next few years, the production capacity of the heavy truck industry will probably achieve a doubling expansion. Although in the capacity expansion plans of major companies, the production capacity of this one million vehicles is still just a bunch of numbers, and it has not been implemented as a true production capacity, but the hidden danger of overcapacity has apparently been buried.
â— Main Trucking Company Expands Production and Maintains Shares
In 2010, China's heavy trucks increased by 59.93%, becoming the fastest growing model in the commercial vehicle segment. In 2010, under the constraints of under-capacity truck companies, they have formulated capacity expansion plans. The top five heavy truck sales companies in the year accounted for 82% of the total sales of heavy trucks. In order to consolidate market share, companies have stepped up the pace of expansion. Some of these companies' new production capacity is almost doubling growth. According to the current expectation of an average annual growth of 10%-15% of the heavy truck market, the future capacity utilization rate of these companies is worrying.
FAW Liberation
According to the plan, the current production capacity of 150,000 engines in the Qingdao base will reach 300,000 units in 2011, and the 150,000 vehicle production capacity in Changchun base will reach 300,000 units. The doubling of production capacity is to achieve an annual sales volume of liberation trucks reaching 420,000 vehicles (360,000 medium and heavy trucks) by 2015, and the national market share of medium and heavy trucks should reach more than 25%.
Dongfeng Commercial Vehicle
In 2010, Dongfeng Commercial Vehicle Company invested RMB 1 billion in the construction of a new heavy truck plant in Shiyan, Hubei, with a designed capacity of 80,000 units and a first-phase project of 40,000 units. Dongfeng Liuzhou 100,000 commercial vehicle production bases were also put into operation in 2011.
China National Heavy Duty Truck
In September 2010, China National Heavy Duty Truck Group Chengdu Ace Commercial Vehicles Co., Ltd. was unveiled, and China National Heavy Duty Truck Co., Ltd. will build the joint venture company into a base for producing 400,000 commercial vehicles per year. By 2015, we will strive to achieve the sales target of 100,000 medium- and heavy-duty trucks and 300,000 light and micro cards. In 2011, we will start 100,000 medium and heavy truck capacity building projects.
In November 2010, Sinotruk Fujian Haixi Automobile Co., Ltd. was established. An investment of 800 million yuan in the first phase will form a production capacity of 100,000 commercial vehicles.
In April 2010, China National Heavy Duty Truck Co., Ltd. and Mianyang Fulin Group and Mianyang Peace Vehicle Co., Ltd. invested in a new production base that can produce 10,000 vehicles annually.
Shaanxi Auto
During the 12th Five-Year Plan period, the sales target of 200,000 - 250,000 vehicles will be achieved, and capacity will be built to suit this goal.
Beiqi Futian
Futian Auman's second plant will be completed in June 2011 with a designed capacity of 160,000 units.
Bei Ben Heavy Duty Truck
By 2015, we will achieve the goal of producing 120,000 heavy vehicles. During the "12th Five-Year Plan" period, it plans to achieve 200,000 heavy truck production capacity.
Hualing
In February 2010, Valin Motors launched an annual production capacity of 10,000 heavy-duty vehicles and 70,000 sets of axles, which broke ground in Baishazhou Industrial Park in Hengyang City, Hunan Province. It is expected to be completed in June 2011 and will form an annual output of 10,000 heavy trucks. Production capacity. During the "12th Five-Year Plan" period, the Xingma Group plans to invest 5 billion yuan to implement a project that will produce 100,000 heavy trucks per year and 50,000 heavy-duty special vehicles annually.
SAIC Iveco Red Rock
In 2011, the company plans to build a second vehicle production base and expands into narrow-body quasi-heavy trucks and special-purpose vehicles. At the end of the “Twelfth Five-Year Planâ€, sales of 150,000 vehicles will be achieved, and production capacity will also reach a corresponding level.
JAC
In September 2010, Jianghuai Automobile and the United States NC2 jointly established Anhui Jianghuai Naka Heavy Truck Co., Ltd. With a registered capital of 1.2 billion yuan, the two sides each invested 600 million yuan and designed a production capacity of 80,000 vehicles.
â— New entrants are ambitious
With more and more "new recruits" entering, the heavy-duty industry's future excess capacity is worrying. Although some new companies are optimistic about the future development prospects and invest a lot of money in capacity building, at present, the performance of products in the market is not satisfactory, and the scale of sales is far from enough to support the development of enterprises. This part of the total capacity of more than 300,000 vehicles.
Xugong Group
Although entering the heavy truck industry is not smooth, at the beginning of 2011, XCMG’s heavy-duty truck project with a total investment of 10 billion yuan was officially started. It is reported that the project has a total investment of 11.9 billion yuan, covers an area of ​​3,292 acres and a building area of ​​1,200,000 square meters. After it is completed and put into operation, it will form an annual production capacity of 100,000 full-scale heavy trucks, 60,000 axles, 150,000 transmissions and 100,000 diesel engines.
Ji Rui United Truck
Launched the Ji Rui United truck project in 2009, with a total planned area of ​​approximately 3,500 mu, which will be constructed in phases and phases. Among them: The first phase covers an area of ​​about 1,500 mu, with a total investment of 3.8 billion yuan. It is planned to produce an annual output of 30,000 heavy trucks and 50,000 engines. The product will be fully marketed in volume in 2011.
Changan Heavy Duty Truck
The company plans to sell more than 15,000 heavy trucks and sales revenue of more than 3 billion yuan in 3 years and enter the top 10 in the industry. In 2010, it sold only more than 3,000 vehicles.
Grand Canal Heavy Truck
Put into production in October 2009, the plant covers an area of ​​1,500 acres and a total construction area of ​​300,000 square meters. After the first phase of the project is put into operation, it will have the capacity to produce 50,000 heavy trucks per year. After the second phase of the project is put into operation, it will have an annual production capacity of more than 100,000 vehicles.
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