China to consume 1 million heavy truck tyres in 2010 - forecast

ERJ staff report (DS)

Columbus, Indiana - Chinese sales of heavy-duty commercial vehicles surged to 316,725 units in the second

quarter of 2010, an 83 percent increase from the second quarter of 2009 according to a report published

by ACT Research Co., LLC, (ACT) and China's State Information Center (SIC).

The recently released China Commercial Vehicle Outlook also provided an update to the forecast for

commercial vehicle sales for the remainder of 2010 through 2014. Due to very strong demand in the first

half of 2010, the forecast of full year heavy-duty truck and tractor sales has been boosted above a million

units, a 62 percent increase over 2009 sales. However, the sales volume is expected to decline from the

second quarter peak over the second half of the year and into 2011 as China's economy eases towards

slower growth.

The next issue of China Commercial Vehicle Demand Outlook will be published in December 2010.

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Press release from ACT

www.actresearch.net/