Exports of Pickups Reached 22,892 Units in May
The sales data for pickups in May has been released. According to the latest figures, in May 2024, domestic pickup sales amounted to 24,004 units, marking a 7.5% year-on-year decline. From January to May 2024, cumulative terminal sales totaled 123,033 units, reflecting a cumulative year-on-year decrease of 14.8%. Additionally, statistics from the China Association of Automobile Manufacturers (CAAM) show that in May, exports of domestically produced pickups reached 22,892 units, representing a substantial 48.9% year-on-year increase. Cumulatively from January to May, exports totaled 98,781 units, indicating a cumulative year-on-year growth of 50.6%.
In the top 10 list of automobile companies, several have seen declines in sales, but certain brands continue to grow, such as JMC Pickup, Foton Pickup, and Chang‘an Pickup, indicating persistent potential in the pickup truck market. Great Wall Pickup maintains its lead in market share. Recently, GWM Motors updated its lineup, enhancing competitiveness with the introduction of the 2.4T+9AT powertrain combination across its products. Meanwhile, JMC Pickup's sales in May continued to show steady growth. It is reported that in the second half of the year, JMC will launch revamped models across its DaDao series, including the DaDao EV and the specialized DaDao Mountain Edition, aiming to further boost sales. In contrast, joint venture brands are facing greater sales pressure compared to domestic brands. Currently, Zhengzhou Nissan is striving to develop its new pickup product, the P20, while Jiangxi Isuzu is actively responding to the national "cash-for-clunkers" subsidy policy, hoping to make breakthroughs in the fierce market competition.
It is notable that in May, Foton's pickup trucks saw the largest increase in sales. Since its official launch in August 2023, the Mars pickup truck has been experiencing rapid sales growth, driving up Foton's monthly sales and market share. Despite being on the market for only 9 months, the Mars pickup truck has already accounted for more than half of Foton's total sales volume. Meanwhile, the new energy brand, RADAR Pickup, achieved significant growth in cumulative sales from January to May, with electric pickup trucks entering more households.
In sharp contrast to the downturn in the domestic market, the export volume of pickup trucks surged 48.9% year-on-year, with a cumulative increase of up to 50.6% from January to May, as Chinese domestic pickup truck manufacturers, such as Changan Automobile, SAIC-Maxus, Great Wall Motor, and JAC, intensified their efforts to explore overseas markets. Overall, exports have become a crucial driving force behind the growth in domestic pickup truck sales, sharing an equal footing with domestic sales volumes. This trend underscores the growing importance of overseas markets for Chinese pickup truck manufacturers.
Regarding to specific brands, most pickup truck brands saw significant increases in export volumes in May compared to the same period last year. Brands like Changan, JAC, SAIC-Maxus, Foton, and JMC all recorded notable growth. Of particular interest, the BYD SHARK, which had its global debut in mid-May in Mexico, achieved over 400 units in export sales within just two weeks. Feedback from overseas social media regarding the BYD SHARK has been quite positive, indicating the significant influence of BYD pickups in the global market.
In terms of powertrain types, diesel-powered pickup trucks dominate the market, especially the four-wheel-drive models, which significantly outsell two-wheel-drive counterparts. Despite relatively low overall sales, pure electric pickup trucks are expected to grow in the future due to increasing environmental awareness and technological advancements. Additionally, hybrid products are making their way into the consumer market, offering diversified choices to consumers.
- Foton South Africa Strategy & New Products Launched 2024-07-01
- FOTON Delivers 100 AUMAN Heavy-duty Trucks to Ethiopian Customer 2024-06-24
- FOTON Launches an Upgraded Product Lineup and New Strategy in Brazil 2024-06-20
- IVECO and Foton announce Joint Exploration into Future Synergies 2024-06-05
- 258 FOTON Electric Truck Delivered to Thailand 2024-05-27
- FOTON Aumark 3-tonne Light Trucks Highly Favourable in Oman 2024-04-19
- FOTON Jamaica | “Should I Buy New Trucks, I'd Still Go with FOTON AUMAN” 2024-04-18
- FOTON Received an Order for 45 AUMARK Light Trucks in Brazil 2024-04-18
- FOTON Showcases Two EVs at Manila International Auto Show 2024 2024-04-11
- FOTON Receives a Large Order from Italy for 400 TUNLAND G7 2024-03-26
Submit Your Requirements, We Are Always At Your Service.
- XCMG Mining Trucks Make a Stunning Debut at the China-Eurasia Expo
- Prime Minister of Kyrgyzstan Held Talks with Representatives from SHACMAN
- BYD Ranks Among Top 10 in 2024 Kantar BrandZ Global Automotive Brands
- Mexico Poised to Be World's Third-largest Producer of Automotive Parts
- Skywell Partners Berjaya to Promote NEVs in Malaysia
- Brand Value of FAW Jiefang Reached 131.845 Billion Yuan in 2024
- SINOTRUK’s "Cab CKD Factory” Commenced Production in Nigeria
- XCMG Celebrates the Tenth Anniversary Its production in Brazil
- XCMG Showcased Its Mining Machinery at the Exponor Exhibition in Chile
- SANY Made the List to Global Top 50 Engineering Machinery
- Exports of Pickups Reached 22,892 Units in May
- Exports Surge by 157%! DFAC Exports 9,628 Vehicles from January to May
- China's Heavy Truck Exports Rising 58% YOY to 276,000 Units in 2023
- China Exported 507,000 Trucks from Jan.-Sept., Up 21% YoY
- China Exported 65,000 Trucks in July, Up 17% YoY
- Half Year Review of Commercial Vehicle Sales
- China Exported 63,000 Trucks in May, Up 33% YoY
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April
- China Exported 158,000 Trucks in Q1, Up 41% YoY
- China’s Truck Exports Grew by 43.8% YoY to 46600 Units in Feb., 2023