The sales of mainstream China heavy-duty truck manufacturers in 2024 showed the following characteristics:
Sinotruk had a cumulative sales volume of 244,900 units, and was the only company with sales exceeding 200,000 units. It won the championship with a year-on-year increase of 5%, outperforming the market and performing outstandingly.
FAW had a cumulative sales volume of 179,700 units, ranking second in the industry, a year-on-year decrease of 3%, underperforming the market, and a market share of 19.99%.
Shacman had a cumulative sales volume of 148,900 units, ranking third, a year-on-year decrease of 0.4%, outperforming the market, and a market share of 16.56%.
Dongfeng Motor had a cumulative sales volume of 145,300 units, a year-on-year decrease of 1.3%, the same as the market, with a market share of 16.16%, ranking fourth.
The cumulative sales of the remaining heavy duty truck manufacturers were all below 100,000 units.
Overall, the sales volume of the TOP 9 Chinese truck manufacturers in 2024 increased by 3 and decreased by 6 year-on-year, with XCMG leading the increase. "Decline" is the "main theme" of the heavy-duty truck industry in 2024, and therefore has become the basic feature of the heavy-duty truck market.