China National Heavy Duty Truck Group is driving the development of a new ecosystem for used commer

As the world's largest commercial vehicle market, China has experienced rapid development in the used car market. To enhance the ecosystem for used cars and promote the healthy growth of the used car industry, on January 14, 2024, the "Leading Forward, Quality Initiating the Future, Co-building the 'Harmony and Win-Win' New Ecosystem for Used Commercial Vehicles" China National Heavy Duty Truck Group Used Car Partner Conference was successfully held at one of the largest used commercial vehicle trading bases in China, Liangshan.，

Under the banner of its brand, China National Heavy Duty Truck Group is practicing quality assurance in the realm of used commercial vehicles. In collaboration with numerous partners, they are deliberating on development strategies, devising developmental approaches, and jointly initiating the China National Heavy Duty Truck Group Used Commercial Vehicle Ecosystem Co-building Plan. This endeavor holds positive strategic significance for the improvement of mechanisms, the establishment of standard systems, and the promotion of fair and transparent transactions in the Chinese used commercial vehicle market.

Since 2021, China National Heavy Duty Truck Group has been the industry pioneer in introducing a certification system for used commercial vehicle manufacturers. It uses its brand influence to endorse used car transactions and provide guarantees for used car services. Adhering to strict selection criteria, the system ensures that the vehicles are under 4 years old, have mileage under 600,000 kilometers, have no history of fire or water damage, and no major accidents. Each used vehicle undergoes a comprehensive 138-step inspection process, making each one a high-quality product. Once again, this demonstrates China National Heavy Duty Truck Group's deep commitment to the value proposition that "Customer satisfaction is our aim."

Brand-oriented management is the key path to expanding and strengthening the used commercial vehicle industry. Through an analysis of the current development status of China National Heavy Duty Truck Group's used car industry, this conference emphasized that brand certification is crucial to reversing the current situation of low residual value in the domestic used commercial vehicle market.

Facing customers, what we provide is not only a scientific evaluation and testing of vehicles, along with standardized business processes but also a good consumer environment and atmosphere, as well as professional and personalized services. Only in this way can we gradually alleviate the trust crisis between customers and sellers, instill a sense of trust in customers, achieve a win-win situation for both consumers and sellers, and truly ensure that customers can buy with confidence and use with peace of mind.

Currently, the commercial vehicle industry has entered a stock market phase. Financial products play a crucial and driving force in achieving market breakthroughs. Effective financial support is essential to boost vehicle sales and promote the continuous development of the used commercial vehicle market.

China National Heavy Duty Truck Group is continuously advancing the optimization of financial products throughout the entire lifecycle. By strengthening foundational support and leveraging policy advantages, it aims to enhance the purchasing power of used cars, support partners in improving profitability, and optimize various aspects of customer asset management, including acquisition, usage, maintenance, and replacement. This approach is aimed at establishing the capability for comprehensive asset operation management throughout the lifecycle of vehicles.

Used cars, as a crucial component in the circulation of commercial vehicles, have persistently faced issues such as opaque condition information, insufficient quality assurance, and an incomplete after-sales service system. However, they also confront development opportunities amid economic stability and expanding market demand. Adapting, innovating, and strategically transforming to effectively enhance the system of the used commercial vehicle market is the responsibility and mission bestowed upon used commercial vehicle enterprises in the new era.

Seizing the opportunities of the times, China National Heavy Duty Truck Group formally launched the "China National Heavy Duty Truck Group Used Commercial Vehicle Ecosystem Co-building Plan" at the Used Car Partner Conference. By refining product testing and service mechanisms, it aims to safeguard the purchasing rights of China National Heavy Duty Truck Group used vehicle owners, rectify the disorderly state of the used commercial vehicle market, and truly achieve transparency in pre-purchase conditions and worry-free after-sales service in the construction of the used commercial vehicle ecosystem.

Faced with market opportunities and industry development needs, China National Heavy Duty Truck Group actively responds to the national policy of accelerating the vitality of used cars. Taking on a pioneering role in the industry, it embraces continuous exploration, innovation, and forward-looking efforts to provide driving force for the development of the used car market.

The initiation of the China National Heavy Duty Truck Group Used Commercial Vehicle Ecosystem Co-building Plan will reshape the landscape of the used commercial vehicle industry, holding significant significance for promoting the development of the domestic used commercial vehicle market. In the future, China National Heavy Duty Truck Group is poised to contribute to the systematic construction of the commercial vehicle industry in China with higher-quality products and a more comprehensive system.