Official data from China Association of Automobile Manufacturers shows, Semi truck total sales valume in 2019 is 565,000 units, with 16.9% yearly increasement compared with the 483,000 units in 2018. Semi truck is occupied almost 48% of heavy duty trucks.
Among the rapid growth, who are the top 10 Chinese semi truck manufacturers?
Same as last year, the top 5 is FAW, Shacman, Dongfeng, Sinotruk and Foton. All the 5 semi trailer brands get increased sales volume benifiting from the total market. JAW keeps its first market position for 5 years, while Shacman, Dongfeng and Sinotruck increase about 20%. The top 4 cuppied 79.62% China semi trailer market. In the other 7 semi trailer manufacturers, Hongyan’s business is the strongest, with 69% market growth in 2019.