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On July 1, this year, China will implement the national IV emission standard for trucks. Yesterday, the reporter learned from a number of heavy-duty truck manufacturers in the city that after the emission standards were raised, truck prices would increase by 9% to 12%, and the increase would reach 20,000 to 40,000 yuan. However, industry insiders believe that after the implementation of the National Fourth Standard, it will be more beneficial to domestic truck companies.
Truck or price rose 10%
Although the national standard that was originally scheduled to be implemented on January 1, 2012 has been delayed for one and a half years, many truck companies have been able to breathe. However, in accordance with the “Announcement on the Implementation of the Fourth National Stage of Compression Ignition Engine and Vehicle Pollutant Emission Standards†formulated by the Ministry of Environmental Protection, on July 1 this year, the truck will be fully upgraded to the National IV emission standard.
This emission standard is equivalent to the "Euro 4" level. For truck manufacturers, the increase in emission standards means that they will spend more. The reporter learned from a number of truck manufacturers that due to the increase in emission standards, new domestic trucks will use new engines or increase exhaust gas treatment devices, which means that their cost will increase by 20,000 to 40,000 yuan.
"The cost will basically increase by 9%~12%," said Jiang Jianhua, head of SAIC Hongyan Iveco's marketing department. Peng Huacheng, manager of Jianghuai Geefa heavy truck marketing department, also stated that even if the engine is not greatly changed, the cost of adding an exhaust gas treatment system will increase by at least 20,000 yuan. At the same time, Dongfeng Commercial Vehicle also stated that after the implementation of the National IV, it will inevitably increase the cost of heavy trucks.
Will the increase in costs lead to an increase in prices? An industry source, who declined to be named, said that due to the increasingly fierce competition in the industry, the profits of trucks are becoming increasingly thin, and truck companies will naturally spread the costs to consumers. It is estimated that the price of trucks will increase by 10%.
However, Jiang Jianhua believes that if Hongyan maintains the same price, it will gain price advantage, thus occupying more market share.
Will benefit domestic heavy truck companies
According to statistics from the China Automotive Industry Association, the commercial vehicle market including trucks still experienced a downward trend from January to February this year, with production and sales of 585,500 units and 551,700 units respectively, down 0.5% and 5% respectively from the previous year. China Automobile Association said that among commercial vehicles, the number of trucks fell the most.
Although the implementation of the National IV standard will increase the cost, it is also beneficial to the sales of domestic heavy truck companies on the other hand. Because foreign brands of heavy trucks can also be sold in China, they also need to meet new emission standards.
The above-mentioned person in the industry gave an example to reporters. A foreign brand heavy truck with a price of 600,000 to 700,000 yuan was used to replace the national IV emission standard. The price of the engine was changed by 15%. The price is around 850,000 yuan. The average price of domestic trucks is only 300,000 to 400,000 yuan. Even if the cost increases by 40,000 yuan, there is a price difference of more than 400,000 yuan with foreign brands. Therefore, domestic heavy trucks have more price advantages.