Foton Ranks First among the Top Ten Light Truck Players
On March 2, sales report of light trucks was released. In January, China reported sales volume of 133.4 thousand units light trucks, a decrease of 12 percent over the previous year.
According to statistics, Foton Motor, JAC, Dongfeng and Great Wall, 4 companies saw their sales volume exceeding 10,000, which together accounted for 54.20 percent market share.
FAW Jiefang saw the biggest increase in January with a growth of 41 percent year-on-year. Another company achieving a double-digit growth is Great Wall Motor, which is up 17 percent. In January alone, Foton sold 24.8 thousand light trucks and ranked first with a year-on-year increase of 1 percent.
Four companies in Top ten saw a decline of more than 20 percent. One company even dropped by 38 percent on a year-over-year basis, hitting a record low. That was the main reason why the entire light truck market shows a huge decline this month.
- FOTON Receives a Large Order from Italy for 400 TUNLAND G7 2024-03-26
- FOTON Presented a Full Range of CVs at Expoagro 2024 in Argentina 2024-03-21
- FOTON Teams with Yierkeshtan Port to Promote “The Belt and Road” 2024-03-04
- Foton Motor Officially Launches Its New NECV Brand "CAVAN" 2024-02-01
- FOTON Motor: NEV Penetration Rate to Exceed 80% by 2050 2024-01-17
- FOTON to Offer a Wider Range of Products in Algeria 2024-01-15
- Foton Loxa Exports 21 Mixer Trucks to Colombia 2024-01-10
- FOTON Made Remarkable Overseas Achievements in 2023 2024-01-09
- FOTON Expands Overseas Production in Thailand 2024-01-02
- 110 FOTON Trucks Were Delivered to J&T Express Vietnam 2023-12-28
Submit Your Requirements, We Are Always At Your Service.
- Tan Xuguang: Tongli’s Heavy-duty Mining Truck Business is Our Benchmark
- Three FOTON Electric Trucks Launched in Indonesia
- FOTON Shines at 2024 China Automotive Brand Overseas (Chile) Touring exhibition
- US$80 Million! XCMG Announced Its Second Plant in Mexico
- FOTON Teams with Yierkeshtan Port to Promote “The Belt and Road”
- XCMG Listed in Forbes China's Globalization Innovators Selection 30&30
- Daimler Launches New Fuso eCanter in Hong Kong
- GWM's POER Pickup Rolls off at Its CKD Factory in Ecuador
- FOTON Motor: NEV Penetration Rate to Exceed 80% by 2050
- SINOTRUK Invests More in Uzbekistan
- China's Heavy Truck Exports Rising 58% YOY to 276,000 Units in 2023
- China Exported 507,000 Trucks from Jan.-Sept., Up 21% YoY
- China Exported 65,000 Trucks in July, Up 17% YoY
- Half Year Review of Commercial Vehicle Sales
- China Exported 63,000 Trucks in May, Up 33% YoY
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April
- China Exported 158,000 Trucks in Q1, Up 41% YoY
- China’s Truck Exports Grew by 43.8% YoY to 46600 Units in Feb., 2023
- China’s Heavy Truck Sales Rising 29% YOY to 77200 in Feb
- China Exports 567,000 Trucks in 2022, Hitting a New High in a Decade