As expected, the ultimate destination of the truck industry is integration and restructuring. Currently, there are only five or six out of dozens of car companies on the market, which is a reasonable state. Too many car companies do not have the necessity to exist, and of course, many car companies cannot survive anymore.

Since last year, there have been undercurrents in the truck industry. First, the once "virtual giant" Hongyan collapsed with a loud bang, and finally no one was willing to take over. There is no sign of improvement since the financial chain problem of Dayun Heavy Truck appeared. In the seemingly silent atmosphere, Dongfeng and Chang'an suddenly want to deepen their cooperation, aiming for a merger. Perhaps this is the prelude to the industry's upcoming large-scale restructuring.

This is inevitable. Firstly, the demand in the industry is not as strong as before, and market demand is almost halved. Major car companies still have a large amount of excess production capacity, and when supply exceeds demand, it will inevitably trigger some companies to automatically withdraw. Secondly, many companies that have emerged in recent years either want to fish in troubled waters and make some profit by watching the truck industry improve, or they are purely playing with capital and making money by playing with concepts. When the story cannot be told, it is natural for capital to flee. Thirdly, the truck industry ultimately needs to return to rationality. It has a relatively high threshold, and those enterprises that can survive are those with advanced technology, products, networks, and services. Enterprises that cannot do so will naturally be eliminated. The curtain of integration has just been lifted.

What card enthusiasts are concerned about is, which companies will integrate next? Who can give an accurate answer to this question! Imagine, in the past, it was said that the possibility of a merger between Liberation and Dongfeng was very high, but now it has become Dongfeng and Chang'an. If this continues to develop, who can guarantee that someone will not be acquired or annexed by someone? Although there are many possibilities, the most likely outcome is the ownership of Hongyan. After all, it is also a pillar of Chongqing's commercial vehicle sector. A lean camel is bigger than a horse, with ready-made production lines and advanced technology. As long as a reliable enterprise takes over, it is not impossible for Hongyan to revive. In addition, companies outside the top five in the industry may be integrated at any time. Jianghuai and Union, which are located in the same province, may not merge. Who will eat up the likes of Dayun, Sany, and XCMG? How long can Beiben, Hino, and others last? The future of the truck industry will definitely be lively.

2025 is the year of restructuring in the truck industry. Whether you are willing to accept it or not, there are only five or six domestic truck companies that can survive in the long run in the future. The survival of the fittest in the market will naturally eliminate a group of enterprises, and the withdrawal of capital will screen out a portion. After the price war, a few more enterprises will be eliminated. In the end, the remaining enterprises will definitely be strong in all aspects and have financial and policy support behind them. If China National Heavy Duty Truck Group and Liberation Automobile Group will not be eaten up, which of the remaining car companies can still sit on the fishing platform?