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Q1 to Q3 LNG/CNG Truck Sales Surpass Whole of Last Year

Date:2020-10-22 Author:Daisy Source:www.chinatrucks.com

Accroding to the latest statistics, a further 90 thousand CNG trucks have beed sold in September bringing the total sales volume to 116.5 thousand this year. While sales for the last whole year is only 116 thousand, which showed a significant increase from last year.

LNG/CNG Truck Sales Ranking Between January to September

SINOTURK has picked up top sales in September for five months in a row and continues to hold the NO.1 ranking with 34.1 thousand sales during Q1-Q3 period. FAW Jiefang won second place with sales of 28.5 thousand units and SHACMAN took third with sales of 23.4 thousand units. Dongfeng broke the threshold of 10 thousand units as of September and Beiben, Sinotruk and Hongyan reported the strongest growth of 175%, 138% and 81% respectively.

It can be seen from the data in the table that SINOTRUK achieved a stable rise to rank No.1 with sales of 3593 units in Sept. For the first three quarters, SINOTRUK recorded a 138 percent increase to 34.1 thousand units with a market share of 29.2 percent.

For the first three quarters, FAW Jiefang held a market share of 24.5 percent with an increase of 14 percent to 28.5 thousand units. SHACMAN held a market share of 20.1 percent with sales of 23.4 thousand units.

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