Luxury Bus Conclusion in 2009 & Sales Trend in 2010 I

1. Luxury Bus Survey

The sales volume of 900 thousand yuan luxury bus reached 2431 units in the year of 2009, up 4.7 percent year-on-year. In the year of 2008, the sales volume of this type of bus reached 2336 units. Zhejiang, Guangdong, Beijing, Jiangsu, Shandong and Shanghai have robust demand on this bus. The main reason for decline is the global financial crisis impact.

2. Sales Statistics of Luxury Bus in Recent Years

A. Sales Statistics for Luxury Bus from 2005 to 2009

B. Sales Statistics of 900 thousand yuan Luxury Bus

Remark: The luxury bus has three price grades. The first grade is from 900 thousand to 1.5 million yuan. The second grade is from 1.5 million to 2 million yuan. The third grade is above 2 million yuan.

C. In the years of 2005 and 2006, the sales trend of first grade luxury bus is up and the sales volume increases 56 units, up 6.1 percent. In the years from 2006 to 2009, the sales trend of first grade luxury bus is also up.

D. In the years from 2005 to 2009, the sales trend of the second grade luxury bus is up and from 2005 to 2006, the sales volume increases 29 units, up 11.2 percent year-on-year. In the years of 2006 and 2007, the sales volume increases 73 units, up 25.3 percent. In the year of 2008, the sales volume increases 70 units, up 19.33 percent. At last year, the sales volume increases 67 units, up 15.5 percent.

E. In the years from 2005 to 2009, sales volume of the third grade luxury bus is up 15.6 percent, 11.7 percent,12.1 percent and 1.31 percent respectively. The main reason is that the great promotion of luxury and BRT buses in many big cities in China.

Undoubtedly, the first grade luxury bus continuously increases in the years from 2005 to 2009, up 9.5 percent, 14.4 percent, 11.98 percent and 4.7 percent respectively.