Archive for October, 2008
Saturday, October 25th, 2008
There was a time not long ago when hybrid trucks were going to rule the world of commercial vehicles — if you believed the predictions.
Now that elections on both sides of the border are occupying our attention, we’re hearing lots more predictions, and we all have to be wary about which ones we choose to believe — whether they are political in nature, or commercial.
Back in May, 2003, with gasoline in the United States hovering around $1.50 a U.S. gallon, FedEx, the package delivery giant, was predicting that it alone would have 30,000 hybrid trucks on the road in just a few years. The New York Times revisited that prediction this past summer, and did a count. It found that today in the U.S., all companies together have only about 300 hybrids on the road.
The FedEx prediction was an easy one to believe. Stop-and-go traffic is one place hybrids excel, and that’s where you’ll find delivery trucks. They operate many hours every day and a travel a long way in a year, and that multiplies the opportunities for saving fuel. And with gasoline now in the range of $3 a U.S. gallon and up (with diesel somewhat higher), the shift to hybrids should be well under way by now. It isn’t.
Well, Kevin Beaty, manager of hybrid power systems for the Eaton Corp., which makes hybrid delivery trucks and other medium- and heavy-duty vehicles, notes that production of hybrids is limited. That means there are few economies of scale, so the price premium for a hybrid is still pretty hefty.
That a delivery truck that costs $40,000 as an ordinary diesel will sell for about $70,000 as a hybrid. That’s a stiff price, and a FedEx spokesman said the company has calculated that, with $3 gasoline, the payback period would be 20 years.
The upshot is that FedEx still has only about 100 hybrids operating. Its big competitor, UPS, has a handful. Coca Cola has a few. A few city utilities have a hybrid or two. The U.S. military is doing some experimentation.
Heavy hybrids are much more scarce than the light duty truck and medium-duty truck, and are likely to remain so for a while yet.
It’s not that hybrids don’t work; they do. But for most users, the price is just too steep, the pay-back time just too long, and after crunching numbers, people are opting to stay with conventional technology.
Widespread adoption of hybrid truck technologies thus will have to await some sort of incentive programs from governments, and, given the current economic uncertainty, it’s tough to see that happening anytime soon.
In the meantime, research goes on, driven by the certain need to reduce environmental damage. That’s what’s behind everything done at places like the U.S. National Renewable Energy Laboratory.
There, scientists are paying a lot of attention to ways to improve both diesel engines and diesel fuel — working to improve upon existing technologies.
More stringent emissions standards have already led to improvements, and that work will continue in the expectation that emissions will be even more tightly regulated in the future. The ultimate objective is near-zero-emission engines burning sophisticated liquid fuels.
If that can be done at a price the market considers reasonable, it will be an important step.
In the meantime, the lab is working on advanced heavy hybrid systems, along with most heavy duty truck manufacturers. The research is moving into the marketplace, but slowly, so no one is even close to high-volume production.
So while it seems likely that the price premium for hybrids will come down, it will be a slow process. And until it does, making a solid business case for hybrids will be difficult for most companies.
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Friday, October 24th, 2008
A recent study conducted by the state of Washington found that the number of truck accidents involving log trucks has declined by 11 percent even as the number of accidents involving all commercial trucks increased by 15 percent over a two-year period.
Commercial truck accidents are considered the most expensive and fatal vehicular accidents that can occur throughout the country. The ripple effects of a commercial truck accident can often be vast and devastating to victims, family members and friends.
What are Commercial Trucks?
In the United States, commercial trucks, also commonly referred to as heavy duty trucks, are those vehicles used to transport cargo and weighing more than 26,001 pounds in which case a commercial truck driver’s license is also needed.
Commercial trucks transport a number of goods and products across state lines and throughout the country including food supplies and logs and some are specifically designed for tasks such as mixing and moving concrete as well as transporting light duty trucks for military use.
Researchers have reported that while the construction of commercial trucks continues to improve, the level of quality still remains well below the quality level of automobiles and it has been said that commercial trucks remain well below automobiles in quality due mainly to the fact that nearly 3/4 of all commercial trucks are custom built, causing inefficiencies in steamlining a commercial truck assembly line. However, a lengthy list of popular commercial truck manufacturers remains both worldwide and in America. The list of top manufacturers includes: Chevrolet truck, Dodge truck, Freightliner truck, Ford truck, GMC truck, Isuzu truck, Kenworth truck, Mack truck, International truck, Peterbilt truck, Western star truck, Volvo truck, Sterling truck.
Logging trucks and log truck drivers are no different from commercial trucks or commercial truck drivers, however, the Washington study conducted by the Washington State University found that a small group of log truck drivers are often considered seasoned and experienced drivers of the dangerous profession, which may be attributing to the total decrease of log truck accidents. However, the study also noted that as these individuals begin to retire, not only will the logging industry suffer, but accidents may begin to increase instead of decrease.
The study noted that, “rising costs, aging drivers and long hours of service” as well as “other factors that could affect safety and economic viability include the ongoing effects of deregulation, poor driver recruitment” could all become factors responsible for a potential increase of log truck accidents.
Individuals who have been involved in a commercial truck accident are advised to seek medical assistance even if no signs or symptoms of an injury are present. Often, injuries sustained in a vehicular or commercial truck accident can remain unseen and may include internal bleeding or bruising, which could have fatal consequences on a victim if injuries are not immediately assessed and treated. In addition to consulting a medical professional and ensuring injuries are properly treated, it may also be advisable to contact an experienced commercial truck collision law firm.
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Thursday, October 23rd, 2008
Whatever your needs, you must find professional impressions and opinions about the new truck model 2007. Try to find information about the options and features, test drivers and exterior and exterior analysis. Famous brands, such as Chevrolet truck, Dodge truck, Ford truck, GMC truck, Honda truck, Isuzu truck, Nisan truck and Toyota truck are present on the Internet and you must only select the truck you want; search the qualified dealers and ask for more information if necessary.
The Chevrolet Avalanche has been redesigned for 2007; the new version is awesome; it is one of a kind because combine the capacity of a pickup with the luxury of the five passenger car. The Midgate is a removable rear bulkhead situated between the pickup bed and the passenger component. It is removable, allowing the truck to be configured as a sport vehicle with a short bed or a pick up with an eight foot bed. You need to fold down the rear seats and open the Midgate to obtain the pickup able of securing gear from unexpected visitors or shielding drywall from rain or snow. You can also remove the rear glass and the tonneau panels to obtain a sporty, open-air vehicle. The truck has a clean and stylish look. The new Chevy Silverado is another dream truck of our days, featuring a new design to confirm its reputation as the longest lasting truck on the world. Its suspensions are designed to meet every requirement.
The new Ford 2007, the Explorer, has a longer pickup bed, more room inside and generates 292 horsepower with a new, strong six speed automatic transmission; there is also a five speed automatic version. Both vehicles are available with four or two wheel drive. The Ford F-150 is easy to drive, well designed and the cabs are really comfortable. 2007 Ford f-150 truck offers a quiet, smooth drive over rough pavement, a controlled handling, with a minimum of vehicle roll on corners. This truck comes in six versions, with four cab choices, four bed lengths, with an amazing cargo capacity. Ford prepares also a new truck, the 2008 Ford F-250, still in tests.
2007 Toyota Tundra is a truck that raises the competitive bar; almost everything is new in Toyota Tundra. The new 381 horsepower V8 truck comes in three styles: a double cab with secondary rear side doors, a four door version and a two door regular cab. The truck is available in three wheelbases and three bed lengths; a five or six speed automatics and a standard rear wheel automatics. If you need a four wheel drive, you can have it too. 2007 Toyota Tundra has also a DVD based navigation system with camera, GPS linked. The stability is improved using fully suspension new design, to make your ride smoother; a better stability is due to a standard electronic stability control.
The full size pickups are changing dramatically; Nissan is offering the awesome Titan, Toyota has a large scale of models, and power trains. Ford, Chevrolet and Dodge are presenting new attractive models; it is really difficult to find the truck of your dreams.
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Wednesday, October 22nd, 2008
With a brand new factory in Texas, Toyota Motor Corp., a Japanese automaker takes aim at Ford and Chevy. In the American truck war, Toyota’s gamble will be its 2007 Tundra – much larger Tundra.
2007 Tundra, which was launched at the Chicago Auto Show, is made larger than Chevrolet Silverado, Ford F-Series,International truck, Isuzu truck, kenworth truck, Nissan Titan and Dodge Ram– its mighty rivals in the truck segment. The latest model boasts that the enhanced Toyota Tundra parts paved way for greater towing capacity and truck performance. There are 3 available engine choices - 4.0 L V6, 4.7 L V8, and new 5.7 L V8.
The upcoming arrival of Tundra sends quiver to other auto giants. In fact, General Motors has hired John Mellencamp, Indiana-born rock star, to record a patriotic song entitled “Our Country” for a television ad for its Chevy Silverado. The ad says: This is our country; this is our truck. Said ad is designed to capture customers in the heart of America and to save its slipping sales in said territory.
Chevy Silverado pickup parts include powerful V-8 engine that make the truck efficient and high-performance. This year, Silverado is the second-best selling vehicle in the United States. So far, the best-selling vehicle around the globe is F-150. Said variant came from Ford’s F-Series, which is composed of full-size pickup trucks. Ford F-150 pickup parts are designed to handle tough labor. Not only that, said model promises 250,000 miles and counting. Its reign in the truck war scene is attributed to its tough built and goodwill. Hitherto, Ford F-Series is deemed the bread-and-butter of the automaker.
Toyota wants to convince American truck drivers to trade their trucks for Tundra. This is the reason why the automaker added an American twist to its pickup. Another expected move is the moving of Tundra’s production to the Texas plant. According to statistics, Texas is America’s biggest pickup market. Statistics further divulged that out of every 4 vehicles sold is a pickup.
“Toyota has been expanding by building more plants in North America — they put them in areas where they want to increase their business,” said George Magliano, director of automotive industry research at Global Insight. “The idea is truck buyers become more loyal to a manufacturer that brings jobs and money into their state.”
“One strength Toyota has is its ability to stick with a strategy,” Magliano added. “They got into the truck market about 10 years ago, and they didn’t have much success right away, but they just kept working at it. They keep on improving a product, and they eventually crack the market and that is how they are gaining market share in the United States.”
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Tuesday, October 21st, 2008
The continual flourishing sales of heavy-duty trucks are beyond the expectation of many analysts. Undoubtedly, heavy-duty trucks became the largest highlight in the market for motor vehicles during the first quarter of 2008, their sales added up to 167,232 sets with a year-on-year growth rate of 58.70 percent, thus making trucks the type with the largest growth margin in the respective markets for the 4 major types of motor vehicles and the only type having seen an increase of market shares. During the first quarter, altogether 29,953 heavy-duty trucks were sold with a growth rate of 72.78 percent year on year.
What is noteworthy is that in the market for heavy-duty truck for sale, the higher the tonnage of heavy-duty trucks of a type is, the smaller the growth rate will be and medium- and heavy-duty motor vehicles began to sell like hot cakes, which is in contrary to the case in 2007. Both the proportion and market demands for those series of heavy-duty trucks with a total mass of 19~30 tons are improving steadily while both the proportion and growth rate of those heavy-duty trucks with a larger tonnage and a total mass larger than 32 tons decrease, and demands for such trucks present a decreasing trend in the market. As analyzed, the main reason is that many clients engaged in long-distance transportation begin to purchase motor vehicles with a light kerb weight under the influence of charging by weight. During the first quarter, altogether 75,194 incomplete vehicles were sold with a year-on-year growth rate of 64.32 percent. In the market for heavy-duty incomplete vehicles, the higher the tonnage of heavy-duty trucks of a type is, the larger the growth rate will be; and products with a large tonnage sell like hot cakes. Such a phenomenon is right in contrary to the case for heavy-duty complete vehicles. The proportion of chassis for those series of quasi heavy-duty vehicles with a total mass between 14 tons and 19 tons is increasingly decreasing, and the growth rate has been slow in recent years. The demands for those series of heavy-duty vehicles with a total mass larger than 19 tons and no less than 32 tons increase steadily and the proportion of such vehicles is the largest, and the demands for such vehicles are flourishing in the market. The proportion of those series of heavy-duty trucks with a total mass larger than 32 tons is the smallest, but demands for such vehicles have been increasing most rapidly in recent years.
During the first quarter, altogether 62,085 semi-trailer towing vehicles were sold and the year-on-year growth rate amounted to 46.85 percent, making semi-trailer towing vehicles a type with the lowest growth rate of distribution among three types of heavy-duty trucks. The main reasons include that the demands for such a type of heavy-duty trucks increased too rapidly last year and that the base was excessively large. In the market for semi-trailer towing vehicles, the growth rate and proportion of the demands for such series of quasi-towing vehicles with a total mass larger than 25 tons and no more than 40 tons are the largest. It can be said that any enterprise seizing the market for trucks falling into those series of heavy-duty trucks with such a tonnage will grasp the market for semi-towing vehicles as a whole. Heavy duty trucks are many diffrent models International truck, sterling truck, Chevrolet truck etc.
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Monday, October 20th, 2008
Truck camper shells are enclosures that fit over a standard truck. Most of them are made of fiberglass or aluminum but there are also collapsible covers available. They are perfect for smaller camping trips to provide shelter for you and your stuff.
Most people use truck camper shells for everyday use in protecting their equipments from the elements. Truck camper shells generally consist of a hard cover and may include a back and side window that makes them ideal for weekend camping trips and other short camping trips. Although the amount of room supplied by the truck bed and additional head is every limited, they still can protect you from the elements while camping. Collapsible covers are advisable for those who just need them for quick outings where removing or adding the shell is very convenient, compared to fiberglass or aluminum models. They work well in environments where conditions are not severe.
A truck camper shell needs to be fitted to the type of truck for sale you have so they vary in styles and prices. You may want to check with your dealer if a shell is available for your year, make and model. The prices range from less than $1000 for basic covering to several thousand dollars for a much innovated camper shell. Here are some lists of top quality truck camper shells:
One of the leading manufacturer’s of fiberglass trucks caps and tonneau covers. Innovation in design and technology is keeping SNUGTOP on top and has resulted in SNUGTOP’s solid reputation and tremendous brand-name recognition.
A.R.E. is also a leading Truck manufacturer of fiberglass truck caps and tonneau covers for pickup trucks. Their truck caps are available painted to match your truck with many different options to meet your specific needs. They have seven unique styles of fiberglass truck caps, and aluminum commercial units, A.R.E. may be the perfect partner for your truck.
Leer is a leading producer of fiberglass tuck caps and tonneaus for all current and recent model year pickup trucks. Leer fiberglass truck models feature unique styling, a great list of standard features, and a wide range of options.
Raider Industries is leading the way on premium-quality truck caps and tonneaus product development for new trucks. Leading the way with the most innovative tonneau cover currently in the market place today, the purchase of Raider truck camper shells will put your truck in a class of its own.
Depending on the type of shell you purchase, a basic covering or customized model, truck camper shells are a convenient and practical solution for camping shelters, they also have the ability to be used year round for any type of storage or transportation, which makes them a great improvement to your pickup truck.
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Friday, October 17th, 2008
The annual Federal Fleet Report provides an intriguing overview of the state of the union’s largest fleet of motor vehicles, which totaled more than 620,000 in fiscal year 2004.
Each year, the General Service Administration’s Office of Governmentwide Policy’s Federal Vehicle Management Division compiles a detailed report on the state of the federal government’s fleet of civil vehicles. As with previous years, the recently released fiscal year 2004 report is interesting on a number of levels and merits attention from the points of view of fleet managers and taxpayers alike.
GSA’s fleet report is produced using the Federal Automotive Statistical Tool. FAST is an Internet-based system that collects fleet-related data from federal government agencies. In addition to being used by GSA to compile the Federal Fleet Report, FAST is used by the Department of Energy to track alternative-fuel vehicle and fuel use; by the Energy Information Agency to track federal vehicle location data; and by the Office of Management and Budget to determine agency fleet budget submissions.
“We have reformatted the report this year to provide a more detailed view of the federal motor vehicle fleet,”
“Vehicle categories are now defined as either passenger-carrying vehicles or trucks. Passenger vans and sport utility vehicles are further defined within the light and medium passenger-carrying classifications,”
“Additionally, special purpose vehicles are now included in the report. We have redesigned the report’s charts and graphs to provide more useful representations of trend data.
“The fiscal year 2004 report was produced within our target period of four months after the close on the fiscal year”"This improved timeliness and the report’s redesign significantly increase the report’s value to federal agencies as they continue to evaluate methodologies to increase the efficiency of their fleets.”
The Federal Fleet Report summarizes statistical data by passenger-carrying vehicles, trucks and all other vehicle types. Data are further summarized by characterizing each agency’s vehicles by civilian, military and U.S. Postal Service, and in some instances, by vehicle source and location. Vehicle types identified in the report include sport utility vehicles, light duty trucks, medium duty trucks, heavy duty trucks, ambulances, buses, sedans, station wagons, and passenger vans.
Totaling more than 620,000 for fiscal year 2004, vehicles used by federal departments, agencies and their contractors are obtained from three primary sources: agency purchase, lease from the GSA Fleet Program, and commercial lease. Data in this report present inventory, utilization, costs and fuel use associated with the federal motor vehicle fleet.
Data are also displayed by vehicle type, and in some cases, by location Overviews of tabular data are also displayed in graphical charts for both the current year and five-year trends.
Privately-owned vehicles used by federal employees on official business are not included in the Federal Fleet Report, nor are short-term commercial rental vehicles, i.e., those used less than 60 continuous days.
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Thursday, October 16th, 2008
Mercedes Benz, which supplies engines for Daimler Trucks of North America, ranks highest in customer satisfaction among vocational trucks with heavy-duty engines, receiving an index score of 760 on a 1,000-point scale. The manufacturer performs particularly well in the performance, cost of ownership and warranty factors. Cummins (733) and Mack (727) engines, respectively, follow Mercedes Benz in the rankings.
The study finds that sales personnel for heavy-duty truck dealers need to have a better understanding of their customers’ engine needs. Forty percent of heavy-duty truck owners either relied solely on the salesperson to choose their engine for them, or purchased their truck “as is” off of the lot. The average overall satisfaction score is 712 points at two years of ownership when owners let the dealer choose their engine, or purchased their vehicle “as is,” which is significantly lower than when owners choose their engines without the salesperson’s help (745).
Additionally, only 29 percent of owners who purchased their truck “as is” or relied on the dealer to choose their engine report they “definitely would” repurchase the same engine brand. Conversely, 45 percent of owners who were actively involved in the engine decision process say they would repurchase the same engine brand.
“Owners are increasingly taking a passive role when it comes to choosing an engine, so salespeople need to understand which engine is best suited for each application and pick the most appropriate product for the customer—even when the customer is buying a truck off the lot,” said Brian Etchells, senior manager of the commercial vehicle group at J.D. Power and Associates. “Owners who were not involved in the engine selection are more likely to report dissatisfaction with the engine’s horsepower, torque and fuel economy as primary reasons that they will not repurchase the same engine. Issues with the horsepower, torque and fuel economy are often indicative of the engine not matching the truck’s application.”
The study also finds that 43 percent of owners who report they “definitely/probably” will not repurchase the same engine also indicate that they will not repurchase the same truck brand.
“Failing to select the right engine to meet the customer’s needs can not only result in the owner choosing a different engine brand the next time they are in the market to purchase or lease a truck, but it can also cost the dealership a customer as they switch to another truck brand,”
The 2008 Heavy-Duty Truck Engine/Transmission Study is based on the responses of 2,692 primary maintainers of two-year-used heavy-duty trucks (Class 8). The study was fielded February through May 2008. The vocational segment includes trucks that are used in rugged job applications, such as dump trucks, concrete mixers Truck, and garbage/refuse/recycling trucks.
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Wednesday, October 15th, 2008
How should freight be transported overland with minimal environmental impact? This question has been focussing the mind of legislators around the world for some time and is likely to do so for decades to come. While water, rail and air transport all have roles to play, road transport has proved to be the most cost effective means of moving goods across land, as far as businesses and consumers are concerned.
Truck manufacturing is a relatively small sector within the automotive industry, driven more by business pragmatism than consumer choice, although businesses, as the principal consumers, are able to exercise considerably more control than individual consumers when it comes to determining price. Tough competition brings narrow margins, which ensure that truck manufacturing is not a highly profitable business.
The long-term trend in heavy trucks has been for gross vehicle weights (GVW) – the total weight of the vehicle plus its load – to increase gradually over the past 20 years. This means that over time, the overall number of heavy trucks on the roads of the developed nations has fallen. In this respect it has been a triumph of efficiency, but inevitably has added to the financial pressures on manufacturers, who have seen sales decline as a result.
At the same time, controls on vehicle emissions, both exhaust and noise have progressively tightened in developed countries. Trucks around the world are almost exclusively diesel powered and diesel engines have attracted particular attention for their exhaust emissions. As some of the largest diesel powered vehicles, trucks have been an easy target for environmentalists. But the picture is changing rapidly, as we will discuss later. Legislators have yet to home in on safety issues in the way they have done concerning passenger cars, but the way in which trucks could develop over the next five to ten years is likely to influence this significantly.
Outside the developed markets of Western Europe, the United States and Japan, the awakening economies of Asia and China will ensure that the global demand for transport will not slacken. As consumers in those countries enjoy greater prosperity, it is consumer goods such as televisions, refrigerators, audio systems and computers that will be affordable long before cars. And consumer goods need transport.
How are truck manufacturers addressing the cost, legislative and environmental pressures? How many of them are likely to survive into the future? What emissions standards are currently in force in the major markets and what impact will impending changes have on the vehicles? What is driving future truck development besides these issues? It is these questions that we will attempt to answer in this report.
References to commercial vehicles in the report will usually mean those exceeding 6.0 tonnes gross vehicle weight. Vehicles of this weight and above are generally beyond the reach of drivers licensed to drive passenger cars so can be seen as business tools rather than as means of personal transport. As a rough guide, light duty trucks are usually those below around 7.5 tonnes GVW, medium duty trucks between 7.5 tonnes and around 17-tonnes GVW and heavy duty trucks, all road going models above that weight. This includes all long haul articulated models.
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Tuesday, October 14th, 2008
First of all, the continual flourishing sales of heavy-duty trucks are beyond the expectation of many analysts. Undoubtedly, heavy-duty trucks became the largest highlight in the market for motor vehicles during the first quarter, their sales added up to 167,232 sets with a year-on-year growth rate of 58.70 percent, thus making trucks the type with the largest growth margin in the respective markets for the 4 major types of motor vehicles and the only type having seen an increase of market shares. During the first quarter, altogether 29,953 heavy-duty trucks were sold with a growth rate of 72.78 percent year on year.
During the first quarter, altogether 62,085 semi-trailer towing vehicles were sold and the year-on-year growth rate amounted to 46.85 percent, making semi-trailer towing vehicles a type with the lowest growth rate of distribution among three types of heavy-duty trucks. The main reasons include that the demands for such a type of heavy-duty trucks increased too rapidly last year and that the base was excessively large. In the market for semi-trailer towing vehicles, the growth rate and proportion of the demands for such series of quasi-towing vehicles with a total mass larger than 25 tons and no more than 40 tons are the largest. It can be said that any enterprise seizing the market for trucks falling into those series of heavy-duty trucks with such a tonnage will grasp the market for semi-towing vehicles as a whole.
In general, during the first quarter of 2008, the nationwide distributions of heavy-duty trucks presented a characteristic of “rising rapidly”, which was certainly related to such factors concerning the economic construction as that greater efforts were made on the transportation of coal for purpose of electricity power generation and that a lot of projects will be launched between February and May each year. Various projects under construction, including the project at Caofeidian in the periphery of Tangshan, the Project of Jingtang Port, the construction project of the Iron and Steel Plant of Shougang Jingtang United Iron & Steel Co., Ltd., and the preliminary project of land development at a new seashore district, have driven the blooming demands in the market for heavy-duty trucks during the first quarter.
Secondly, the charging policy of charging by weight was spread and put into practice. By the end of 2007, a system of charging by weight had been put in practice on expressways more than 20 provinces and municipalities and the proportion of the mileage of expressways on which a system of charging by weight was implemented amounted to 88 percent of the total mileage of all expressways. It can be said that the system of charging by weight can radically promote the sale of heavy-duty trucks in a long run and have “revolutionary” influences on the market for heavy-duty trucks.
During the first quarter of the year, medium duty trucks ranked the lowest among all the four major types of trucks in terms of the growth rate in the market; and altogether 56,167 medium trucks were sold with a small-scale year-on-year growth margin of 6.09 percent while the market shares for medium trucking decreased by 1.69 percentage points. Altogether 32,314 medium duty trucks for sale with a growth margin of 12.15 percent during the first quarter of the year. In the market for medium trucks, the growth margin for demands for such trucks amounted to as high as 146.77 percent though the proportion of those series of medium trucks with a total gross mass larger than 12 tons but no more than 14 tons; such a phenomenon shows substantially that due to the influence of operating costs, certain medium trucks with a large tonnage begin to receive favors in the market this year.
During the first quarter of the year, the market for light duty trucks for sale maintained a fairly rapid growth rate. Certain experts hold that at the beginning of 2008, various manufacturers of light duty trucks made adjustments to prices of their products, the prices of respective types were raised by more than RMB3, 000 yuan and less than RMB3, 500 yuan, and clients’ expectation that vehicle prices will continue to rise in the future has resulted in the fact that dealers stock up while end users conduct scare buying.
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