Sales of China Buses Falls by 32.42% in Jan.-Apr. 2011 over 2010
2011-06-03 Source:www.chinabuses.org
www.chinabuses.org: The statistics data says that the sale volume of China buses comes to 37200 units, month-to-month growth of -1.53% in this April. (large buses: 5600 units, year-on-year growth of -8.70%, output-sales ratio of 98.28%; light buses: 24600 units, month-to-month growth of 7.04%).
In Jan.-Apr., the sales of China buses gradually decrease in North China (16700 units, y/y growth of -8.97%) and northwest China (7200 units, y/y growth of -13.71%) and grows in East China, northeast China, mid-southern China and southwest China.
In the interview of the bus dealers, most of them showed “the market situation is not so good and we are under high pressure for sales.” Li Chunhua, chairman of Shijiazhuan City China Automobile Dealers Association analysed that the purchasers turned to buy vehicles more reasonably without the favorable policies such as “vehicles to the countryside” and bus fuel subsidy implemented in past two years. “It is estimated that the sales is about to slightly fall in June to August and possibly pick up after September.”.
Manager Lee, Hebei Sales Office of King Long Bus said that they have got the sales revenue of over 50 million Yuan in the local area in Jan.-May while about 40 million Yuan over the same period in 2010. He believed that there was high pressure for the sales of buses in 2011. However, some business opportunities still exist in Hebei market due to the replacement of vehicles for some tourist companies as well as the increasing demand on short distance passenger transport.
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