China’s Tractor Sales Saw Surging Growth in July
Heavy-duty truck sales in China rose 84 percent from a year earlier to 139,300 units in July, an increase of 21 percent compared with 63 percent increase a month earlier, according to the data. As a segment getting the most attention in heavy-duty trucks, the sales volume of tractors in July reached 72,000 units, 16 percent less than last month and 103 percent higher than the 2019 level.
China saw tractor sales increased by 103 percent from a year earlier in July. More specifically, seven companies in top ten saw a positive increase of various degree. Hongyan took the first place with an increase up to 377 percent followed by CAMC with an increase of 219 percent. Meanwhile, other three companies achieving a possitive growth are Jiefang, Foton and Beiben, which are up 107 percent, 157 percent and 149 percent respectively.
As for cumulative growth, 10 thousand units more tractors have been sold during the Q1 with a year on year growth of 6 percent. As of July, China has achieved a cumulative increase of 45 percent for tractor sales volume with 156,500 units more sold than the January-July period last year after a consecutive growth between April to July. Hongyan, with a growth rate of 145%, ranked the first place in the industry, followed by Foton at 94% and CAMC at 65%.
- Jiefang Rewards Heroic Driver for Driving a Burning Truck Away with a J7 Truck 2020-08-05
- China’s Medium-size Trucks Sales Totalled 13,000 Units, Up 36.8% Year-on-Year 2020-07-27
- FAW Jiefang and CIMC Lingyu Collaborate on Special Purpose Vehicles 2020-07-23
- FAW Jiefang Marks its 70th Anniversary of Vehicle Research and Development 2020-07-16
- FAW Jiefang’s Sales Volume Grew by 27% from Jan. to May 2020-06-16
- China Sold 175,000 Units Heavy-duty Trucks in May 2020-06-08
- FAW Jiefang Delivers Its All Electric Heavy-duty Trucks in Beijing 2020-06-04
- Jiefang Sold Over 60,000 Units Medium- and Heavy-duty Trucks in April 2020-05-19
- Handover Ceremony for 100 Jiefang&XCMG Cranes Was Held 2020-05-13
- FHA Huzun S200 Heavy-duty Truck Gets Launched in Lingyuan 2020-05-12
Submit Your Requirements, We Are Always At Your Service.
- BYD Starts Operating Its Battery Factory in Brazil
- Kenworth Produces Last Severe-Service K500 Cabover
- Dongfeng Starts Construction on Its New Factory in Shiyan
- LNG Truck Sales Expected to Reach 113 Thousand Units by End of 2020
- ZOOMLION Listed in China’s 500 Most Valuable Brands for 17 Consecutive Years
- ZOOMLION’s 38m Truck Mounted Pump for India Rolls off Assembly Line
- Foton Signed a Strategic Cooperation Framework Agreement with Weichai
- Foton's Brand Value Reached 168.592 Billion RMB
- JAC and VW Cooperation Process
- Hyundai Targets 15% of European Hydrogen Truck Market by 2030
- Chinese Heavy Truck Makers Set Higher Sales Targets for 2020
- JAC Truck Achieves 23,000 Units Sales in July, a 40.8% YoY Growth
- China’s Tractor Sales Saw Surging Growth in July
- Foton's July Truck Sales Seen Surging Growth
- China’s Heavy Truck Sales Hit New High in July
- Foton Overseas Sales Grow Against the Trend in H1, 2020
- China's Pickup Truck Output And Sales Went Up in June
- China’s Medium-size Trucks Sales Totalled 13,000 Units, Up 36.8% Year-on-Year
- Hongyan Tops the Dumper Sales List in June
- JAC Light Duty Truck Sales Exceeds 100 Thousands Units with 6% YoY Growth in H1
