Lifan Taking 30% of Market Share: China Medium Trucks Sales Ranking Released

Lifan Taking 30% of Market Share: China Medium Trucks Sales Ranking Released
January 18,2017

www.chinatrucks.com: According to the calculation of CAAM, the sales of domestic medium trucks (including LFN) in 2016 are 229,063 units, up by 14.29% year on year. The top ten totally delivered 223,255 units, taking 97.64% of the total sales. On growth, five of the top ten manufacturers have increased, and the other five declined. The cumulative growth of LIFAN and JAC are over 70%, and Chengdu Dayun has also achieved more than 50% in growth. CHMC declined over 56.63%.

In December, the sales of domestic medium trucks (including LFS) are 28,678 units, up by 7.78% year on year. Four of the top ten manufacturers increased, and six declined. LIFAN who ranked the first in the segment market climbed higher, and the growth reaches 116.53%, taking 67.71% of the market share in the single sales month. The ranking detail as follow:

Medium Truck Manufacturers Sales Ranking in 2016

Ranking	Manufacturer	Cumulative sales in 2016	Cumulative sales in 2015	Cumulative growth year on year	Sales in December	Growth year on year	Growth ranking
1	LIFAN	69664	40819	70.67%	19418	116.53%	7
2	Dongfeng	56503	55168	2.42%	2473	-61.98%	7
3	FAW	37187	42813	-13.14%	991	-73.86%	8
4	JAC	14916	8017	86.05%	141	-78.21%	9
5	Qingling	13164	15750	-16.42%	1564	-18.71%	5
6	DAYUN	11175	7026	59.05%	1052	54.25%	2
7	SINOTRUK	7791	5736	35.83%	982	8.27%	4
8	FOTON	5553	6138	-9.53%	609	42.62%	3
9	CHMC	4489	10351	-56.63%	710	-59.50%	6
10	Toking	2813	3322	-15.32%	50	-90.12%	10