According to the website of the SASAC, FAW Jiefang Company achieved sales of 27,000 units in May, an increase of 84% year-on-year, and its market share increased by 2% year-on-year, with sales exceeding 20,000 for five consecutive months.
The data shows that the company achieved a total sales of 123,000 vehicles in the first five months, with a year-on-year growth rate of 156% and 70% higher than the industry.
In May, the demand for the automotive industry fell slightly compared to April, reaching 137,000 vehicles, which remained at a relatively high level. From the market segment perspective, the demand for tractors and dump trucks continued to decline, and the overall demand for trucks fell slightly, but the demand ratio increased, with the proportion of 8×4 cargo and 4×2 economy cargoes continuing to increase.
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