China's Commercial Vehicle in 2006
China's automobile industry experienced rapid development in 2006 after two years of moderate growth. According to the latest production and sales data released by the China Association of Automobile Manufacturers (CAAM), we can see that the development of China's commercial vehicle in 2006 .
Nearly all commercial vehicle models experienced different levels of sales growth. The tractor market was particularly outstanding. In addition, the overall sales of buses were better than the previous year. According to statistics, bus sales in 2006 hit 297,600 units, an increase of 6.29% over 2005. However, the special purpose vehicle market experienced a very noticeable decline. Backbone enterprises maintained a dominant position in the industry. The top 10 commercial vehicle enterprises accounted for over two-thirds of the overall market share.
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