BEIJING – China’s heavy-duty truck (including chassis and semi-tractor trailer) sales in November tumbled 30.59 percent to 56,070 units, bringing the year-to-date sales to 824,512 units, down 12.46 percent year-on-year, according to the latest data released by China Association of Automobile Manufacturers (CAAM) on December 9.
Total heavy-duty truck sales for the year are expected to hit around 880,000 units, which will be at least a 13 percent decline from the record of more than a million units sold in 2010.
Dongfeng Commercial Vehicle Co. (DFCV), FAW Jiefang, CNHTC, Beiqi-Foton and Shaanxi Auto remained as the top five players in the sector in terms of volume, selling 173,906, 149,710, 134,028, 99,913 and 95,648 heavy-duty trucks, respectively. That combined accounted for almost 80 percent of the market. DFCV was able to solidify its leadership position thanks to its Kinland flagship model, while FAW and CNHTC lost shares sharply with double-digit declines in sales growth.
Beiben, JAC, SAIC-IVECO-Hongyan and Dayun Motor rounded out the top 10, which accounted for about 96 percent of the market. JAC and Dayun were the only manufacturers with significant double-digit growths among the top 10.