According to the news on the official website of the Association on December 13, the latest data from the Association shows that the wholesale sales of pickup trucks in November 2021 were 48,000 units, down 3.8% year-on-year, 8.1% month-on-month, and 23% year-on-year. Pickup truck sales from January to November were 488,000 units, up 13.8% year-on-year.
This year's light trucks by the governance overload stimulus although there is an increase but has entered the end, this month although the sales of pickup trucks have negative growth, but relative to the performance of traditional light trucks is still strong.
With the concept of pickup truck culture and passenger pickup trucks deeply rooted in the hearts of the people, the Great Wall Cannon still maintained sales of nearly 10,000 units in November, and the commercial market performance of Jiangling pickup trucks, JAC pickup trucks and SAIC Chase pickup trucks was strong, especially the excellent performance of JAC pickup trucks this month, coupled with the increase of new products such as Wuling Journey, pickup truck products showed a good performance stronger than commercial vehicles.
Leading car companies Great Wall pickup trucks by chip shortage and growth slowed down, Jiangling Motors, SAIC Maxus, Jianghuai Automobile performed very well, SAIC-GM-Wuling and other new entry car companies strong low-price layout and occupy the second-tier main sales position, some traditional pickup truck companies are facing huge growth pressure.
Affected by the macro and micro environment, the growth of the pickup truck market will still be under great pressure in the coming period. However, the recent rebound in demand after the local epidemic in China has brought an increase to the recovery of the market in the winter and at the end of the year, and the rise of pickup truck consumption culture and the efforts of manufacturers to enhance pickup truck consumption will be reflected in sales, and the effect of the pickup truck market benefiting from the expansion of the passenger market will further appear.
Note: The data in this article is based on the monthly report of the Passenger Vehicle Market Information Joint Committee (Commercial Vehicle Production and Sales Newsletter) - final draft
