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Lingyu automobile: hit a four-year low! What happened to the heavy truck market in February?

September 23, 2020

In late January 2020, the outbreak of xinguan pneumonia had a certain impact on the heavy Truck market in January, but it was not very strong. Therefore, following the momentum of December 2019, it once broke the record and sold 116,000 Vehicles of various models, with a year-on-year growth of about 18%, making a good start. And in the national prevention and control of February, brought unprecedented impact on the heavy card market, resulting in the heavy card market in February fell to the bottom of four years!

In February, China's heavy Truck market was expected to sell 39,000 Vehicles of all types, down about 50 percent from a year earlier. The 39,000 monthly sales figure, the lowest in four years, is not encouraging.

halving sales volume heavy card market grim situation all year round

In February 2020, a total of 39,000 Vehicles of various types were sold in China's heavy Truck market, down 50% year on year and 67% month-on-month, which means that the heavy truck market is from July 2019 to January 2020. Even up seven & throughout; Terminated: July 2019 (1.5%), August (2%), September (7.5%), October (14.1%), November (13.8%), December (11.7%), January 2020 (18.2%), February 2020 (-50%), and the market will enter a downward channel in the short term.

Just received the January heavy card sales data, xiaobian heart no waves, because it is near the end of the outbreak of the epidemic suddenly, for the year before the market impulse has not much impact, growth is inevitable. Sales for February, everyone should be there will be some estimates in the heart, the influence of the new champions league pneumonia, a lot of heavy card companies and component manufacturers to stay late, disrupted the original plan, production and sales many serious epidemic areas are now also cannot scale to return to work, can only meet the demand of small batch production, affects the whole truck industry supply chain.

Second traffic in the blocking state, in addition to the necessary prevention material transportation, traffic basic is stagnant, end demand downturn, in mid-february, fedex express industry gradually return to work, but overall resume work situation of the logistics industry is not optimistic, on the one hand because manufacturing resume work delay, serious shortage of supply of goods, on the other hand is a lot of drivers and the friend still epidemic prevention in the home, as downstream of the highway transportation is difficult to quickly returned to normal.

In addition, due to the outbreak, new heavy-carded vehicles in many areas were not properly licensed in the first three weeks of February, which also delayed the purchase of some new vehicles.

liberation led the way and sinotruk followed

In February, faw jiefang was the industry champion with 11,700 vehicles. In the first two months of this year, faw jiefang sold 64,200 heavy trucks, up 19% from a year earlier, with a market share of 41.3%. Sinotruk sold 10,500 heavy trucks in February, jumping to second place behind faw jiefang. Sinotruk sold 23,700 vehicles in February, giving it a 15.3 per cent market share.

Dongfeng sold about 3,800 heavy trucks of various types in February. The main reason for the decline was that dongfeng commercial vehicle company was located in the epidemic area of hubei province, and the production line resumption was not ideal. In january-february, dongfeng sold 21,100 heavy trucks, with a market share of 13.5 percent.

Shaanxi automobile group sold 3,500 heavy trucks in February. The company sold 13,600 heavy trucks in February, giving it an 8.7 percent market share. Foton sold about 3,300 auman heavy trucks in February. In the first two months of this year, foton sold 12,200 heavy trucks, up 8% year on year, and its market share rose to 7.9%.


Saic hongyan sold 1,858 heavy trucks in February, this year. Sales totaled 5,865 vehicles in February, accounting for 3.8 percent of the market. Jianghuai heavy trucks sold about 1,400 units in February. In February, jac sold 5,351 heavy trucks, accounting for 3.4% of the market. Xugong heavy card co., LTD., which sold 1,200 heavy CARDS in February, jumped to eighth place in the monthly sales ranking and was also the company with the smallest decline among the 10 heavy card companies. Sales in the first two months totaled 2,620 vehicles, accounting for 1.7% of the market.

Dayun heavy trucks sold 739 heavy trucks in February and 2,792 in the first two months of this year, with a market share of 1.8%. Valin heavy trucks sold 922 heavy trucks in February and 2,422 in the first two months, accounting for 1.6 percent of the market.

As the outbreak abates and the resumption of work is basically stable, will the heavy truck market in March return to the normal track? Is the traditional sales season on time? Let's look forward to march together!

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