China’s Medium-size Trucks Sales Totalled 13,000 Units, Up 36.8% Year-on-Year

Days ago, China released its truck sales volume for the first half of 2020. According to the statistics, China's truck production and sales has seen a fast growth. Sales of trucks totalled 494,000 units in June, up 72.6 per cent over June 2019. While trucks sales in the first half of 2020 are up 10.8 percent year-to-date with 220,000 sales.

A total of 13,000 medium-size trucks were sold in June, up 36.8 per cent over the June 2019 result. For the first half year, 72,000 medium trucks have been sold, down on the same period in 2019 by 0.3 percent.

Specifically, seven out of ten medium-size truck makers saw a positive increase. According to the list, Jiefang, Sinotruk and JAC saw the greatest increase, rose by 196.5 and 118.8 percent and 115.0 respectively year on year.

Top Ten Medium-size Trucks Sales Between January And June

During the first half of 2020, FAW Jiefang saw the biggest increase with a growth of 221.6 percent year-on-year. Another two companies achieving a possitive growth are Foton and JAC, which are up 17.1 percent and 11.1 percent respectively. Seven companies in top ten saw a decline of various degree. One company even dropped by 64.9 percent on a year-over-year basis, hitting a record low.