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.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

2012 sales of top-ten heavy-duty truck makers

Company

2012

2011

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.