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According to data from the China Association of Automobile Manufacturers, from January to June 2007, China's commercial vehicle industry maintained a high growth, with total sales of 1.289 million. Among them, China's light buses sold a total of 110,100 vehicles as of June 31, an increase of 11.82% year-on-year. Nanjing Iveco, one of the representatives of high-end light passenger brands in Europe, has exceeded 25% growth rate, which is not only twice the average increase in the light passenger industry, but also led to an increase in the base of the entire high-end market, becoming a major highlight of the commercial vehicle market in the first half of the year. .
According to Nanjing Iveco's mid-year data, from January to June, the Iveco brand sold a total of 12,207 vehicles. Further data analysis showed that Nanjing Iveco's market share in the European light passenger market increased by three percentage points, and it also drove the entire market. Expansion. The industry believes that because Iveco brand has already occupied 50% of the market share in the high-end market, according to the current trend forecast, driven by the rapid growth of Iveco, the European market capacity of light passengers is expected to exceed the 50,000 mark throughout the year, and the year-on-year increase also Will exceed 20%, reaching the highest peak in history.
The reason, executive vice president of Nanjing Iveco Deng Xiaohai said in an interview with reporters that the rapid expansion of European light passengers in the first half of this year benefited from the maturation of the domestic light passenger market and the arrival of the second peak of light passenger upgrading. It provides a great opportunity for high quality European light passengers.