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%.
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
|Shaanxi Heavy-duty Truck||83,868||104,227||-19.5%|
|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%|
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.