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