Dayun, Foton, Jiefang, CNHTC and Dongfeng were the top five players in China’s medium truck market with their combined sales volume reaching 12,100 units, accounting for 72.59% of total sales of medium trucks in May.
Compared with the their growth rates in May, 2019, the top five players all realized two-digits growth rate in May this year. Jiefang and CNHTC, in particular, both grew over 300% in their sales of medium trucks in May.
From January to May, China sold 60,600 units medium trucks, down by 2% year on year. However, Jiefang and Foton recorded positive growth in the same period. Jiefang, in particular, saw its sales of medium trucks grow by 227% year on year in the first five months this year.
