BEIJING – Sales of heavy-duty trucks slid 27 percent to 35,000 units in August, according to the latest statistics provided by truck manufacturers. The country sold 367,700 heavy-duty trucks through to August, down 30 percent on a yearly basis, indicating a gloomy year end.
Dongfeng, China National Heavy-Duty Truck Group Corp. (CNHTC) and FAW sold 6,900, 6,700 and 5,800 units in August, down 31, 15 and 27 percent respectively. Shaanxi Auto and Beiqi-Foton saw sales decreases of 34 and 16 percent to 5,100 and 5,000 units. Jianghuai Automobile Co., Ltd. (JAC) and CAMC Hualing sold 1,700 and 609 units, a decrease of 42 and 45 percent. Dayun and SAIC-IVECO-Hongyan sold 1,215 and 780 unis, falling 16 and 37 percent. Beiben Heavy-Duty Truck Co., Ltd., as the only enterprise to witness growth, sold 600 units during this period, up 8 percent year-on-year.
The PMI index in August was only 49.7 percent, according to the National Bureau of Statistics and China Federation of Logistics and Purchasing. According to industry analysts, China’s manufacturing industry experienced the sharpest drop in the past six years with a record output shrinking since November 2011. Purchase dropped to the lowest level since March 2009.
The country sold 367,700 heavy-duty trucks in the first eight months, down 30 percent compared with the same period of last year. Dongfeng has kept its dominant position by selling 80,900 units, down 24 percent. CNHTC sales dropped 21 percent to 67,700 units, and ranked the second place. FAW Group grabbed the third place by selling 53,900 units.
Shaanxi Auto ranked fourth by selling 52,400 units, a drop of 32 percent. Beiqi-Foton witnessed sales decline of 37 percent to 49,100 units. JAC sold 20,800 units during this period, down 30 percent, and close to the industry average. Sales of Hualing and Dayun fell 29 and 8 percent to 10,143 and 9,805 units. Beiben and SAIC-IVECO-Hongyan, the last two winners among the top 10 list, saw sales decline of 15 and 64 percent to 6,615 and 6,335 units.