12 Most Valuable Commercial Vehicle Brands in China, 2018

On June 20, 2018, the World Brand Lab released its list of China's 500 Most Valuable Brands in Beijing. The report shows that the China’s top 500 most valuable brands in 2018 amounts to 36.892 billion in value, marking an increase of 18.56% over the last year. Of the total 500 brands, auto brands account for 33, including 12 commercial vehicle brands.

Here is the list of the top 12 in CV field:

Commercial Vehicle (CV) Ranking in Brand Value
Ranking in CV Field	CV Maker	Brand Value (RMB)	Ranking On the Top 500 List
1	Foton Motor	132.867 billion	34
2	Dongfeng	129.238 billion	37
3	FAW Jiefang	60.672 billion	60
4	Yutong	38.016 billion	114
5	King Long	37.815 billion	116
6	Higer	35.835 billion	130
7	BYD	31.761 billion	160
8	Sinotruk	25.681 billion	186
9	JMC	24.892 billion	188
10	SHACMAN	22.634 billion	203
11	JAC	21.955 billion	214
12	Golden Dragon	20.328 billion	234

Foton has been holding the first place in commercial vehicle field for 14 consecutive years, with a brand value of ￥132.867 billion this year. Dongfeng, as a brand for both passenger car and commercial vehicle, took the 37th place this year with a brand value of ￥129.238 billion, down from 36th last year. FAW Jiefang is known as the oldest truck makers in China. In the first five months, a total of 25% sales in heavy-duty market were contributed by FAW Jiefang. In brand value, it saw a 17% increase from last year to ￥60.672 billion this year. Yutong and Kinglong, as leading bus makers, came in 114th and 116th on the list with brand value of 38.016 billion and 37.815 billion respectively.

Apart from the top five mentioned above, other listed automakers included Higer, BYD, Sinotruk, JMC, Shacman, JAC, Golden Dragon. Gong in to specific, Higer and BYD come behind Kinglong with over 30 billion in brand value, with others following behind with brand value of around 20 billion.

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