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Heavy-duty Truck Sales Grew Slightly by 2% in July

Date:2019-08-16 Author:Daisy Source:www.chinatrucks.com

In July this year, China sold 76,000 units heavy-duty trucks, up by a slight 2% year on year, down by 27% compared with that in the previous month. Also in July, CNHTC with a monthly sales of 12,000 units, ranked the third place in the market, surpassing Shaanqi with a monthly sales of 10,000 units. In addition, XCMG moved upward again to the ninth place in the heavy-duty truck market with a total monthly sales of 1,701 units, up by 36% year on year.

 
Ranking Truck Maker Sales in this July., 2019 Sales in Last July Year-on-year Growth Market Share
1 FAW Jiefang 19,000 13471 41% 26.2%
2 Dongfeng 16,000 13,837 16% 19.5%
3 SINOTRUK 12,200 13,300 -8% 15.8%
4 SHACMAN 10,000 10,917 -8% 14.9%
5 FOTON 6600 8703 -24% 7.2%
6 SAIC Hongyan 4100 5009 -18% 4.8%
7 JAC 2300 3193 -28% 3.3%
8 Dayun 2212 2219 0% 2.5%
9 CAMC 920 1100 -16% 1.7%
10  XCMG 1701 1248 36% 1.7%
11 Others 967 1662 -42% 2.5%
12 Total 76,000 74659 2% 100%

 















Among the top ten players in the heavy-duty truck market in July, only three experienced positive growths (Jiefang: 41%; Dongfeng:16%; XCMG: 36%).

From January to July, China sold 732,000 units heavy-duty trucks, down by 2% year on year. Jiefang, with a total sales of 192,000 units, ranked the first place in the market and boasted a year-on-year growth of 8%. In addition, It accounted for 26.2% of China’s heavy-duty truck market. Dongfeng, with a total sales of 143, 000 units heavy-duty trucks, ranked the second place in the market and boasted a year-on-year growth of 6%. XCMG, with a total sales of 12,000 units, saw the fastest sales growth of 17% year on year among the top ten players, further narrowing the its gap between Hualing, the eighth biggest players in the heavy-duty truck market.

Among the top ten heavy-duty truck players, five experienced varied degrees of decline (CNHTC: -5%; Foton: -27%; Hongyan: -12%; JAC: -18%; Hualing: -1%).

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