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

Heavy-duty Truck Sales Grew Slightly by 2% in July
August 16,2019

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%).

Source : www.chinatrucks.com

Editor : Daisy