China’s Sales Volume of Heavy-duty Trucks Reached 118,300 Units in February
In the same month, China sold 65,000 units tractor trucks, up by 185% year on year. Among the top ten players in the tractor truck market, nine experienced positive growths in their sales while only one saw a decline in its sales.
Dongfeng took a lead in the growing momentum with a growth rate of 479% and a sales volume of 8,190 units tractor trucks in February.
Jiefang and Foton, ranking the first and the fourth place in the market, recorded a growth rate of 207% and 222% respectively.
CNHTC, with its tractor truck sales broke the 10,000 units threshold in February, registered a growth rate of 151%.
Dayun and XCMG, which ranked the sixth and the eighth place in their sales of tractor trucks, recorded growth rates of over 100%.
It is also revealed that the combined sales volume of the top ten players in the tractor truck market accounted for 99.41% of the total sales volume of the market.The combined sales volume of the top five players in the market made up 92.71% of the total sales volume. FAW Jiefang, which ranked the first place in the market in terms of its sales, had an enviable market share of 38.56%. CNHTC, which ranked the second place in the market, held a market share of 20.81%. Dongfeng and Foton, which ranked the third and fourth place in the market, had a market share of 12.61% and 11.28% respectively.
From January to February, China sold 150,400 units tractor trucks, up by 69% year on year. The combined sales volume of the top ten players in the market accounted for 99.35% of the total sales volume of the market. More specifically, Jiefang had a market share of 44.03%, Dongfeng 13.56%, CNHTC 12.07%, SHACMAN 10.79% and Foton 10.77%.
Source : www.chinatrucks.com
Editor : Daisy