Zhitong Finance APP learned that the association released the February 2022 pickup truck manufacturers wholesale sales ranking express, the data shows that in February 2022, the pickup truck market sales of 34,000 vehicles, an increase of 6.8% year-on-year, down 17.7% month-on-month. Due to the strong recovery of pickup truck consumption after the epidemic, the pickup truck in February 2022 increased by 20.4% compared with 2019. The overall pickup trend in January-February this year is still strong, reaching 76,000 units, down 4.2% year-on-year.
Under the general tone of the national automobile consumption promotion policy, the three-guarantee policy and the right of way policy of pickup truck models have a greater supporting effect on pickup truck consumption. Major car companies have also launched passenger pickup products, which has continued to promote the consumption of pickup trucks in recent years, and finally contributed to the good performance of pickup trucks this month to achieve a 20.4% growth rate compared with February 2019. The effect of the pickup truck market benefiting from the expansion of the passenger market will further appear.
From the perspective of the regional market, the pickup truck market has returned to the north, the market demand in the southwest, south China, and central and southern regions is relatively weak, and the market performance in the northern region has improved significantly. Due to the sluggish demand for engineering projects brought about by real estate adjustment, and the recent increase in local government investment, it can be seen that the pickup truck market and fiscal closeness are improving.
In recent years, pickup trucks have become a new hot spot for the combination of passengers and businesses, and continue to perform strongly, recently pickup truck companies have tried to keep up with the trend of the times, the leading main car company Great Wall Motors (02333) pickup trucks have been slowed down by chip shortage, Jiangling Motors (000550.SZ), SAIC Maxus, Jianghuai Automobile (600418.SH) has performed well, SAIC-GM-Wuling and other newly entered car companies strong low-price layout and occupy the second-tier main sales position, while some traditional pickup truck companies are facing huge growth pressure.
