In the past 2019, heavy duty truck industry got rapid growth. China heavy duty truck sold 1.168 million units in the whole year, with 2% year-on-year light growth. Here we list the sales performance of the top largest heavy duty truck manufacturers in China.
FAW keeps its head market position for years with market shares of 23.7% in 2019. It sold 261,013 units heavy trucks in total, getting 6% growth comparing with the sales performance in 2018.
Dongfeng did great adjustment on sales chanels, which result in the rapid growth on sales. Among all the 4 Chinese heavy duty truck builders, Dongfeng made the biggest progress in the market.
Shacman keeps its 3rd market position with market shares of 16% and sales volume of 189,706 units. In 2020, Shacman targets to achieve the anual goal of 20,0000 units.
Sinotruk market shares drops 1% in 2019, which is the only heavy truck brands declining its share. But it has sold 172,099 units in total, which is not bad.
FAW, Dongfeng, Shacman and Sinotruk have the 75% market. The remained Chinese truck brands like Foton, Hongyan, Jac,Beiben and Dayun share the left 25%.