China Automobile Dealers Association: The retail sales of new commercial vehicles from January to August were 1.8758 million units, a year-on-year decrease of 1.86%.

The China Automobile Dealers Association issued a document stating that from January to August 2024, the retail sales of new commercial vehicles were 1.8758 million units, a year-on-year decrease of 1.86%. Among them, the sales in August were 215,900 units, a year-on-year decrease of 11.42% and a month-on-month decrease of 2.81%. According to the analysis of retail sales data provided by the Commercial Vehicles Professional Committee of the China Automobile Dealers Association, the retail sales of commercial vehicles in August 2024 were 215,900 units, a year-on-year decrease of 11.42% and a month-on-month decrease of 2.81%. The top 5 companies accounted for 39.33% of the retail sales, namely SAIC-GM-Wuling, Beiqi Foton Motor, Jiangling Motors Corporation, FAW Jiefang Group, and Geely Yuan Cheng. Looking at different vehicle types, the specifics are as follows: Trucks: The retail sales in August were 173,700 units, a year-on-year decrease of 15.82% and a month-on-month decrease of 4.25%. The top 5 companies accounted for 42.05% of retail sales, namely SAIC-GM-Wuling, Beiqi Foton Motor, FAW Jiefang Group, Great Wall Motor, and FAW Huawo. Buses: The retail sales in August were 42,200 units, a year-on-year increase of 12.94% and a month-on-month increase of 3.63%. The top 5 companies accounted for 51.01% of retail sales, namely SAIC-GM-Wuling, Geely Yuan Cheng, SAIC Datong, Jiangling Motors Corporation, and Beiqi Foton Motor. From January to August, the cumulative retail sales of commercial vehicles in the country were 1.8758 million units, a cumulative year-on-year decrease of 1.86%. The top 5 companies accounted for 39.17% of the retail sales, namely SAIC-GM-Wuling, Beiqi Foton Motor, FAW Jiefang Group, Jiangling Motors Corporation, and Great Wall Motor. Looking at different vehicle types, the specifics are as follows: Trucks: The cumulative retail sales from January to August were 1.5585 million units, a cumulative year-on-year decrease of 6.68%. The top 5 companies accounted for 43.03% of retail sales, namely SAIC-GM-Wuling, Beiqi Foton Motor, FAW Jiefang Group, Great Wall Motor, and FAW Huawo. Buses: The cumulative retail sales from January to August were 317,200 units, a cumulative year-on-year increase of 31.46%. The top 5 companies accounted for 44.10% of retail sales, namely SAIC Datong, Jiangling Motors Corporation, SAIC-GM-Wuling, Geely Yuan Cheng, and Beiqi Foton Motor.