ACT Research: China’s CV Truck Market Softening; Bus Markets Supported by Demand for New Energy Units Amid Environmental Concerns

ACT Research: China’s CV Truck Market Softening; Bus Markets Supported by Demand for New Energy Units Amid Environmental Concerns China’s economy is likely to give less support to the heavy and medium truck markets in the short term, despite the government’s efforts to ensure steady economic growth with a ramp-up of tax cuts and infrastructure [...]

ACT Research: China’s CV Truck Market Softening; Bus Markets Supported by Demand for New Energy Units Amid Environmental Concerns2019-06-25T08:16:12-04:00

ACT Research: China’s CV Truck Market Softening; Bus Markets Flat, Supported by Demand for New Energy Units Amid Environmental Concerns

While not impacting each commercial vehicle segment every year, structural changes within China’s CV market are expected to exert downward pressure through 2022, according to the most recent China Commercial Vehicle OUTLOOK, jointly published quarterly by ACT and China’s State Information Center (SIC). The OUTLOOK includes an overview of the China economy and a review [...]

ACT Research: China’s CV Truck Market Softening; Bus Markets Flat, Supported by Demand for New Energy Units Amid Environmental Concerns2019-05-10T14:10:28-04:00