Like heavy trucks, light trucks and other market segments, the mid-truck market started unfavorably in 2022, with sales of less than 10,000 vehicles and a 46% decline. The same is true.
In February, the heavy truck market continued to decline, and the light truck market gained growth, what is the performance of the medium truck market? Take a look at the analytical reports brought by the first commercial vehicle network.
February sales of 10,800 units increased by 16% month-on-month and returned to the level of monthly sales of 10,000 units
The first commercial vehicle network recently learned that according to the data of the China Automobile Association (the caliber of the number of invoices issued by enterprises, the caliber of non-terminal sales, the same below), in February 2022, the mainland truck market (including chassis and tractors) sold a total of 226,600 vehicles, down 28% from January and 18% year-on-year, and the decline was significantly narrower than that of the previous month (-26%). Among them, the medium-sized truck market (including chassis) sold 10,800 units, an increase of 16% month-on-month, and the monthly sales returned to the level of 10,000 vehicles, but there was still a 10% decline year-on-year, and the continuous decline momentum of the medium-sized truck market since July last year has expanded to "8 consecutive declines".
Looking at the sales and growth trend chart of Medium Trucks in February in the past five years, it can be seen that the China Truck market only harvested growth in February 2021, with an increase of 293%; in 2018, 2019, 2020 and February 2022, the Medium Truck market has declined, except for the special "encounter" in February 2020, the sales volume in February of other years is around 10,000 vehicles, the difference is not much. From a numerical point of view alone, the performance of the Chinese truck market in February this year is a normal level.
From the perspective of cumulative sales, from January to February this year, the cumulative sales of the C-truck market were 20,100 units, down 31% from 29,200 units in the same period last year, a decrease of about 9,000 units.
Jiefang more than 4,000 vehicles won the crown Jianghuai, Qingling and other growth
In February 2022, the C-CIKA market fell by 10% year-on-year, a sharp narrowing from the previous month (46% year-on-year decline in the C-CIKA market in January).
February 2022 Mid-duty truck (including chassis) market sales table (unit: unit)
As can be seen in the above table, the mid-truck market in February 2022 experienced a 10% year-on-year decline, and the performance of each company was different; in February, there were 3 companies with sales of more than 1,000 vehicles (one less than in January): FAW Jiefang rushed to the top of the monthly sales list of the medium-sized truck market in February with sales of 4017 vehicles, with a monthly share of 37.09%; Foton and Jianghuai, ranked 2nd and 3rd, sold 3279 and 1118 vehicles respectively. In February, the total share of the top ten sales companies reached 99.58%, while the total share of the top five companies reached 91.13%, 5 companies shared more than 90% of the share of the middle card market in February, the top two Jiefang and Futian shares exceeded 30%, reaching 37.09% and 30.28% respectively, the two companies shared more than 2/3 of the share of the middle card market in February, Jianghuai was another enterprise with a share of more than 10% in the middle card market in February, and the middle card market in February was 10.32% in the middle card market. share.
From the perspective of growth, the top ten sales companies in February increased by 6 and decreased 4 times, and the mainstream enterprises in the Chinese truck market in February took growth as the main theme, and many companies harvested their first growth in 2022. In February, FAW Jiefang, the monthly sales champion of the chinese truck market, also came out on top in terms of growth rate, reaching 542%, and Jianghuai, Qingling, Heavy Duty Truck and other enterprises also achieved double-digit growth in February; 3 declining companies fell by double digits, more than 10% of the overall middle-card market, and the sales of the most serious decline companies in February fell by 65% year-on-year.
From the perspective of cumulative sales, the cumulative sales of the mainland mid-truck market from January to February 2022 were 20,100 units, down 31% year-on-year. Specific to the top ten sales of enterprises (and the top ten monthly sales slightly different) point of view, 3 increases and 7 drops, Jiefang, heavy duty trucks and other enterprises are in the rising range, the highest increase is Jiefang, the first two months of this year's mid-truck sales increased by 95%, almost doubled; the decline in declining enterprises reached double digits, Jianghuai, Dayun, Qingling and other enterprises fell lower than the industry as a whole 31%, outperforming the market "market".
From the perspective of cumulative share, the total share of the top ten sales companies reached 99.28%, the cumulative share of 4 companies exceeded 10%, the share of Futian and Jiefang both exceeded 20%, reaching 32.69% and 21.97% respectively, and Jianghuai and Dayun shared the 12.84% and 10.2% share of the middle card market in the first two months of this year, respectively.