Weekly News and Truck Market Review

Last week is the first week after the Spring Festival vacation.When people were still immersed in the joy and festive atmosphere of the time, all domestic truck companies have begun gearing up for all aspects of preparation to the New Year.

As the saying is April and May are the keys of the years. In the beginning of 2009, major companies are working on summarize the work of 2008 and plan for 2009.

The Keywords of truck industry can summarized as co-operation, policies and performance. Last week, the co-operation has become the main theme. The cooperation is between Foton and Daimler. At same time, GM China issued a brief statement that they’re exploring potential cooperation with FAW.

On the policy side, with the financial crisis unabated, stimulate consumption are becoming increasingly important. Therefore, the Chinese government issued a series of rescue proposal after the New Year. Subsidize the car industry and to eliminate the vehicle whose discharge standard is only reached the European 1 are the two important proposals.

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