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Tractors Saw a 234.36% Jump Year-on-Year in February 2017

Date:2017-03-15 Source:www.chinatrucks.com

www.chinatrucks.com: According to the latest production and sales news from China Association of Automobile Manufactures, in February 2017, 56,042 semi-tractors are sold, slightly decreasing by 0.19% and 234.36 % jump year-on-year, and the growth rate is bigger than that of last month (+221.65%). The tractor market continues to be booming in early 2017, with sales rising over 200% in the first two months.

Ranking
in Feb.
Enterprises/Total Sales in Feb 2017 Year-On-Year Growth Cumulative Sales in 2017 Cumulative Sales  Last Year Cumulative Growth Growth Rate Ranking in Feb.
56042 234.36% 112189 34072 229.27%
1 FAW 17461 236.11% 39135 10931 258.02% 6
2 SHACMAN 8857 192.21% 17873 5947 200.54% 7
3 SINOTRUK 8219 328.30% 16105 3550 353.66% 3
4 Dongfeng 7515 264.28% 13687 4267 220.76% 5
5 Foton 7506 174.54% 12506 5841 114.11% 9
6 Chengdu Dayun 2048 117.64% 4473 1914 133.70% 10
7 JAC 1238 2314 0 1
8 CAMC 1064 360.61% 1866 483 286.34% 2
9 SAIC-IVECO Hongyan 1014 271.43% 2055 532 286.28% 4
10 XCMG 528 177.89% 1211 355 241.13% 8
 
Sales of top ten enterprises sold 55,450 vehicles in total, amounting to 98.94% of total sales volume in semi-tractors segment in February. No.1 FAW Jiefang takes up 31.16% in the semi-tractor market, with a significant share of the market. Considering from the monthly growth rate, the tractor market is still hot in February. The growth rate of all enterprises are all higher than 100%, five of which are over 200%. CAMC and SINOTRUK even saw over 300% jump, reaching 360.61% and 328.30% respectively. (Note: JAC’s data of last year has not been reported to China Association of Automobile Manufactures, so there is no relative analysis.)

Tractors Saw a 234.36% Jump Year-on-Year in February 2017
 
The continuous sales rise makes the cumulative sales in 2017 very nice. During January and February of 2017, 112,189 semi-tractors are sold in Chinese market, 78,117 units more than that of last January and February, and the year-on-year growth rate is up to 229.27%. Sales volumes of enterprises that ranked top ten in February are all rising greatly, and even Foton’s volume, with the smallest growth rate, has increased by 114.11%.

Tractors Saw a 234.36% Jump Year-on-Year in February 2017
 
 

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