Truck manufacturing

The production and sales numbers of the major manufacturers of trucks for the first six months of 2002 are recorded by category in Table 6.3.3. Year-on-year percentage changes are also detailed.

Mini-trucks

Of the five mini-truck manufacturers listed, the three leaders “ Liuzhou Wuling Auto (38.3 per cent), Chana Auto Group (22.4 per cent) and Changhe Aircraft Industries (17.3 per cent) “ together accounted for 78 per cent of the market. In the first half of 2002, Changhe Aircraft Industries registered a 77 per cent increase in sales.

Light trucks

13 major manufacturers are listed in this category, of which the top four, each selling more than 40,000 units annually, account for 59.4 per cent of the market. Their individual market shares are BAIC (28.3 per cent), DFAC (14.6 per cent), Nanjing Auto Group (8.3 per cent) and Jiangling Motors (8.2 per cent). All four leaders recorded year-on-year sales increases of more than 25 per cent.

Medium trucks

The two industry leaders, DFAC (46.1 per cent) and FAW (32.8 per cent) dominate the medium truck segment, although the latter's sales slipped by 28 per cent in the first six months of 2002. Two smaller manufacturers, Nanjing Chunlan Auto. and Chengdu Wangpai, together accounting for about 8 per cent of the market, both advanced rapidly with nine-fold and forty-fold increases.

Heavy trucks

At the top end of the truck sector, FAW (50.5 per cent) and DFAC (33.6 per cent) again predominate. The next two heavy truck manufacturers, China National Heavy Duty Truck Corp (CNHTGC) and Chongqing Heavy Vehicle Group (CQHVC) account for market shares of 5.2 and 4.4 per cent respectively. All four, together with the fifth ranking heavy truck manufacturer, Shaanxi Auto Industry, registered year-on-year sales growth above 90 per cent in the first six months of 2002.