In February 2022, the sales volume of narrow terminals in China's pickup truck market was 25,942 units, and the cumulative sales volume from January to February was 56,804 units. Among them, the sales of automatic pickup trucks in February were 5790 units, accounting for 22.3% of the total sales, continuing the good trend.
Among the domestic automatic pickup truck sales, traditional pickup truck companies from the Great Wall, Jiangling, Jiangxi Isuzu and Zhengzhou Nissan occupy a larger share, and the sales of SAIC Maxus automatic pickup trucks have always been relatively outstanding, injecting more vitality into the household pickup truck market.
The product types of automatic pickup trucks cover diesel/gasoline and two/four wheel drive types. At the same time, based on the strong power of diesel pickup trucks, low cost of vehicles, and the characteristics of more engine options, the sales of diesel automatic pickup trucks are always much higher than those of gasoline types, and the market share of diesel automatic pickup trucks in February was as high as 83%.
In February, the sales of automatic pickup trucks of the Great Wall Cannon reached 3107 units, accounting for 53.7% of the total sales of automatic pickup trucks, continuing to lead the rapid development of the entire automatic pickup truck market. As the main contributor to the domestic automatic pickup truck, the Great Wall Gun meets the diversified vehicle needs of users with its commercial, passenger, off-road and artillery and other subdivisions. With the solution of the chip shortage problem in the future, the sales of the Great Wall pickup truck automatic transmission model will continue to show a high-speed growth trend.
Jiangxi Isuzu automatic pickup truck sales were contributed by Suzuto and D-MAX respectively, and Suzuto's proportion of AT models showed an accelerating trend. This year, The Suzuto automatic pickup truck is about to be launched, and the car will launch a model equipped with an 8AT gearbox, which will directly hit the first-line products in the domestic industry and is expected to promote the overall sales of Isuzu in Jiangxi.
The five provinces with the best sales of automatic pickup trucks are Xinjiang, Hebei, Shandong, Sichuan and Hubei, and the above provinces are also the largest provinces in the pickup truck market. In the ranking of the proportion of automatic pickup truck sales and the total sales of pickup trucks in the province, Heilongjiang, Guangdong, Hubei, Jiangsu and Zhejiang rank the most, in these areas, the sales volume of automatic pickup truck models has reached about 30%.
In addition to the Jiangxi Isuzu will bring new automatic models to the industry, Jianghuai and Zhengzhou Nissan have new high-end pickups put into the market this year, allowing consumers to have more choices.
With the improvement of the overall per capita GDP in China, people's material conditions have also improved, and the domestic pickup truck culture has also ushered in an unprecedented period of development and prosperity, and families with conditions are more inclined to choose automatic pickup trucks with better comfort and better drivability. In addition, the rising post-85s and post-90s generations have also become important consumers to stimulate the sales growth of automatic pickup trucks. In the future, as the automatic transmission continues to penetrate in the industry and the user group becomes younger and younger, it is foreseeable that its sales will also achieve rapid growth in the future.