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China’s Sales Volume of Heavy-duty Trucks Reached 193,000 Units in April

Date:2021-05-31 Author:Daisy Source:www.chinatrucks.com

According to the latest statistics, China’s sales volume of heavy-duty trucks reached 193,000 units in April, up by 0.1% year on year. As the most important sector of the heavy-duty truck market, the tractor truck, however, declined by 3% year on year with its sales volume reaching 95,900 units in April.

China’s Sales Volume of Heavy-duty Trucks in April, 2021

The combined sales volume of the top ten players in the heavy-duty truck market accounted for 99.20% of the total sales volume in April while that of the top five players made up 91.94% of the total. In addition, the top five players in the market all recorded a sales volume of over 10,000 units.

FAW Jiefang, ranking the first place in the market, had a market share of 28.61%. CNHTC, with a sales volume of 19,000 units and a growth rate of 59%, regained its second place in the market and its market share reached 19.83%. Dongfeng, with a sales volume of 15,700 units and growth rate of 5%, moved from the fourth place in March to the third place in April and its market share stood at 16.36%. SHACMAN’s market share reached 14.31%, ranking the fourth place. Foton, with a growth rate of 32% year on year, recorded a market share of 12.83%, ranking the fifth place.

From January to April this year, the total sales volume of tractor trucks reached 366,800 units, up by 45% year on year. Beiben doubled its sales with its year-on-year growth rate reaching 204%. Dongfeng saw its sales jump by 75%. CNHTC and Foton recorded a growth rate of 69% and 68% year on year respectively.

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