China’s truck industry has contracted for two successive years, as its economy has slowed. Sales of cargo carriers reached a record 3.86 million in 2010, but then declined 8.18% to 3.55 million in 2011 and 6.8% to 3.3 million in 2012.

The heavy duty truck segment continued to see a sharp decline in 2012, but mini truck sales rose 8.7%, reports China Auto Web. The ten largest manufacturers of heavy duty trucks reported double-digit declines in 2012. With 131,000 deliveries, Dongfeng retained its leading position. The company was followed by Sinotruk, which overtook FAW.

2012 sales of top-ten heavy-duty truck makers

Company

2012

2011

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Decline

Dongfeng

130,830

185,977

29.7%

Sinotruk

108,958

142,611

23.6%

FAW

105,551

158,186

33.3%

Beiqi Foton

87,358

107,202

18.5%

Shaanxi Heavy-duty Truck

83,868

104,227

19.5%

JAC

26,067

33,883

23.1%

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%

Dayun Motor

8,818

13,604

35.2%

SGMW, Dongfeng, Beiqi Foton and Changan were the leading producers of mini trucks, and reported deliveries of 135,600, 108,900, 108,200, and 90,600 units, respectively.

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