Heavy Duty Truck Increases by 29% in November

www.chinatrucks.com: The heavy duty truck industry marches towards positive growth pushed by such favorable factors such as economic recovery, upturn of mine and coal transpiration and implementation of China 4 standard. 

In November, the sales volume of heavy trucks is 63,000 units, up by 29% over the same period of last year, and 4% over last month. There are four enterprises seeing more than 10,000 units, namely Dongfeng (13,400 units), FAW (11,500 units), Sinotruk (10,000 units) and Foton (10,000 units), up by 38%, 41%, 38% and 38% respectively year on year. The No.5 Shacman sells 7300 units, up by 4% year on year. JAC, Hongyan and CAMC sells 2700 units, 1956 units and 1612 units respectively, up by 16%, 21% and 61% year on year. Benben suffers a decrease in November by selling 1050 units, down by 44% over the same period of last year (1881 units).

Looking back the whole 2013, the whole industry sees a sales volume of 690,800 units in the first 11 months, up by 18% year on year. The industry sees a sales volume of 636,000 units in 2012. It is clear to expect a sales volume surpassing 700,000 units, around 750,000 units to 760,000 units.

In the meantime, the market is divided into a new pattern. In the whole year, Dongfeng, FAW, Sinotruk and Foton form the first camp thanks to over 100,000 units of sales. Dongfeng leads others by 20,000-30,000 units. From January to November, Dongfeng sells 144,800 units, up by 17%, 26,000 units more than the second one—FAW. FAW, Sinotruk and Foton lag one another in less than 10,000 units. Seen from the chart, from January to November, FAW sells 118,200 untis (up by 22% year on year), Sinotruk sells 109,000 units (up by 11% year on year) and Foton sells 104,300 units (up by 30% year on year).

In the first 11 months, Shacman in the second camp sells 87,100 units, up by 12% year on year. In the third camp, JAC sells 30,500 units in the first 11 months, up by 25% year on year, ranking No.6. SAIC-IVECO HONGYAN and CAMC remain the two who enjoy largest growth rates, accumulating to sell 23,700 units and 21,300 units, up by 56% and 54%. Beben accumulates to sell 16,700 units, declining by 27% over the same period of last year (23,000 units), becoming the only one suffering decrease.

Band name	Sales in Nov. 2013	Sales in Nov. 2012	Change	Up-to-date sales 2013	Up-to-date sales 2012	Change
Total	63,000	49,008	29%	690,800	586,177	18%
Dongfeng	13,400	9,719	38%	144,800	122,372	18%
FAW	11,500	8,162	41%	118,200	97,293	22%
Sinotruk	10,000	7,267	38%	109,900	99,052	11%
Foton	10,000	7,256	38%	104,300	80,404	30%
Shacman	7,300	7,031	4%	8,710	77,584	12%
JAC	2,700	2,326	16%	30,500	24,405	25%
Hongyan	1,956	1,610	21%	23,700	15,130	56%
CAMC	1,612	1,002	61%	21,300	13,788	54%
Beiben	1,050	1,881	-44%	16,700	22,973	-27%

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