Chinese Truck Sales Dropped 6.8% in 2012

January 30th, 2013 | Posted in Sales

As the Chinese economy cooled down, the country’s truck industry had been in contraction mode for two consecutive years. After setting a record of 3.861 million in 2010, sales of cargo-carriers decreased 8.18% to 3. 545 million in 2011 and 6.8% to 3,303,800 last year.

In 2012, the heavy-duty sector continued to see sharp falls, while sales of mini trucks grew 8.7%.

2011 and 2012 chinese truck sales

Chinese Truck Sales in 2012 and 2011

Heavy-duty trucks: gross vehicle weight exceeding 14 tons

Medium-duty trucks: gross vehicle weight over 6 but no more than 14 tons

Light-duty trucks: gross vehicle weight over 1.8 but no more than 6 tons

Mini/micro trucks: gross vehicle weight at 1.8 tons or less

All of the ten largest makers of heavy-duty trucks posted double-digit declines. Dongfeng, with 1.308 million deliveries, retained its leading position, followed by Sinotruk, which overtook FAW.

2012 sales of top-ten heavy-duty truck makers
Company 2012 2011 Growth
Dongfeng 130,830 185,977 -29.7%
Sinotruk 108,958 142,611 -23.6%
FAW 105,551 158,186 -33.3%
Beiqi Foton 87,358 107,202 -18.5%
Shaanxi Heavy-duty Truck 83,868 104,227 -19.5%
JAC 26,067 33,883 -23.1%
Bei Ben Heavy-duty Truck 24,270 40,022 -39.4%
SAIC- IVECO- Hongyan 17,008 31,500 -46%
CAMC Heavy-duty Truck 15,069 25,695 -41.4%
Dayun Motor 8,818 13,604 -35.2%

SGMW, Dongfeng, Beiqi Foton, and Changan were the top four producers of mini trucks, delivering 135,600, 108,900, 108,200, and 90,600 units respectively.