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Foton Tops the List of Light Truck Sales in March

Date:2020-04-17 Author:Daisy Source:www.chinatrucks.com

Recent statistics show that China’s sales volume of light trucks reached 173,200 units in March, down by 22 percent year-on-year, which is lower than it was last month (-76%). Overall, China sold 335,100 units of light trucks in the first quarter, a year-on-year drop of 7 percent, 76 percent and 22 percent respectively in January, February and March.

Foton Tops the List of Light Truck Sales in March
Foton Tops the List of Light Truck Sales in March

Among the top ten companies, seven out of ten saw their sales volume exceeding 10 thousand units. According to the data, Foton and Dongfeng are at the top of the sales list, ranking first and second respectively. In March, FOTON sold 41,700 units of light trucks, accounting for 24.08 percent of the total market share. Hubei-located Dongfeng also took control of 10.11 percent of the share in March despite it is at the heart of the COVID-19 and late work resumption.

Foton Tops the List of Light Truck Sales in March

In March, the top ten saw their combined market share increase from 78.88 percent last year to 86.20 percent despite the situation of COVID-19. In this sense, the top ten companies have greater response capacity than the rest to global epidemic. With the COVID-19 levels off in China, We have seen most of the leading light truck companies record a surge in March compared with February.

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