7月份我国重卡市场共计销售约8.3万辆 同比上涨约42%

Core Insights - The heavy truck market in China experienced a significant increase in sales, with approximately 83,000 units sold in July 2025, marking a 42% year-on-year growth despite a 15% month-on-month decline [1][4] - This growth trend has been consistent since April 2025, with monthly sales showing increasing year-on-year growth rates: 6.5% in April, 13.6% in May, 37% in June, and 42% in July [1][4] - The cumulative sales for the first seven months of 2025 reached about 622,000 units, reflecting an 11% year-on-year increase [4] Market Performance - July's heavy truck sales represent the second-highest level in the past eight years, only surpassed by July 2020's sales of 139,000 units [4] - The domestic terminal heavy truck sales also saw a year-on-year increase of over 20% in July, although the growth rate compared to June has narrowed [4][8] - The decline in month-on-month sales is attributed to the unique circumstances in June, where electric heavy trucks saw a surge in registrations, and the market is entering a "low season" [4][7] Policy Impact - The growth in heavy truck sales is largely driven by environmental policies, particularly the differentiated subsidies for scrapping older trucks, which have been implemented across various regions [4][8] - The "old-for-new" policy has stimulated demand for new heavy trucks, contributing to the four consecutive months of sales growth [4][8] Segment Performance - The export of heavy trucks in July is expected to grow by over 20% year-on-year, indicating strong performance in this segment [7] - Electric heavy trucks continue to perform well, with July sales exceeding 15,000 units, representing a year-on-year increase of over 120%, despite a month-on-month decline [9] - Diesel heavy trucks also showed robust growth, with July sales expected to increase by over 25% year-on-year, although they experienced a significant month-on-month decline [9] Future Outlook - The heavy truck market is anticipated to maintain its upward trajectory in the third quarter, with expectations of substantial year-on-year growth, particularly in September, which may see a growth rate of over 50% [9]