The production and sales
Mini-trucks
Of the five mini-truck manufacturers listed, the three
Light trucks
13 major manufacturers are listed in this category, of which the top four, each selling more than 40,000 units annually, account for 59.4 per cent of the market. Their individual market shares are BAIC (28.3 per cent), DFAC (14.6 per cent), Nanjing Auto Group (8.3 per cent) and Jiangling Motors (8.2 per cent). All four leaders recorded year-on-year sales
Medium trucks
The two industry leaders, DFAC (46.1 per cent) and FAW (32.8 per cent) dominate the medium truck segment, although the latter's sales slipped by 28 per cent in the first six months of 2002. Two smaller manufacturers, Nanjing Chunlan Auto. and Chengdu Wangpai, together accounting for about 8 per cent of the market, both advanced
Heavy trucks
At the top end of the truck sector, FAW (50.5 per cent) and DFAC (33.6 per cent) again predominate. The
The stages in which import tariffs and localisation requirements will be gradually reduced under the negotiated terms of China's entry to the WTO were summarised at the end of Chapter 6.1 and again in Table 6.3.4 The same comments
|
Impact |
Current |
2003 |
2006 |
|---|---|---|---|
|
|
Import tariffs for autos:80% “100% |
Import tariff cuts phased in equally 15% each year |
Import tariffs for autos will be reduced to 25% |
|
Import tariffs for auto
|
Auto parts tariffs will fall to average of 10% |
||
|
Investment and technology |
Local content requirements for CBU will be restricted to 40% for Year 1, 60% (Year 2) and up to 80% (Year 3) |
Will eliminate policies which restrict foreign automotive companies from importing inputs for production |
Significant commitments in transfer addressing concerns about the terms and conditions of investment in China, and the government's role in what should be commercial decisions |
|
Foreign ownership is allowed (up to 50%) |
Will eliminate and
|
Export success in developed markets for both trucks and buses will depend on the Chinese industry's capability to