In the first half of the year, large and medium bus markets performed well

The once depressed passenger car market in 2009 performed well in 2010. For the future of the large and medium-sized passenger car market, relevant experts believe that it is still attractive.

Experts in the industry are optimistic about the future growth of buses. The main reason is that China’s over-dispersed national conditions, high road density and relatively low railway density determine that China’s land passengers cannot always rely on road passenger transport. In the era of EMU passenger transportation, railway passenger transport does have an impact on road passenger transport on the same line. However, in the era of high-speed rail passenger transport, railway passenger transport has a positive effect on road passenger transport. In the short-term, high-speed rail passenger transport has poorer cost-effectiveness and price-sensitive consumption. If the passengers return to the road for long-term transportation, the cost performance of high-speed rail passengers will inevitably increase, and high-speed rail passenger transport will increase the frequency of trips in the entire society, which will bring more transportation needs for road passenger transport, and the prosperity of road passenger transport will generate a strong increase. Demand for passenger car products: The repositioning of passenger and road passenger transport will drive the upgrading of equipment in the road passenger transport industry, bringing new high-end demand to large and medium-sized bus manufacturers; the continuous advancement of energy-saving, emission-reduction and urbanization of buses will produce a large number of Urban bus product upgrading and new needs ; In addition, overseas demand is currently in rapid recovery period.

At the same time, the profitability of large and medium-sized passenger car products continues to increase. On the one hand, the comfort, safety, and economy of the railway passenger transport have been continuously improved, and the performance of the road passenger transport vehicles has also been promoted objectively. The prices of large and medium-sized passenger car products have increased year by year, which has injected strong driving force for large and medium-sized passenger car manufacturers to increase their gross profit levels. On the other hand, the industry structure of oligopolistic monopolies for large and medium passenger car manufacturers is being formed, and market leaders led by Yutong and Jinlong are priced. The continuous enhancement of capabilities has provided a powerful guarantee for large and medium-sized passenger car manufacturers to increase profitability.