Commercial vehicle market pressure increases, inventory is high

In June 2024, commercial vehicle production and sales were 330,000 and 337,000 respectively, with production up 2.8% and sales down 1.2% month-on-month, and down 3.5% and 4.9% year-on-year respectively. From January to June, commercial vehicle production and sales were 2.005 million and 2.068 million respectively, up 2% and 4.9% year-on-year respectively.