JAC LCV sales are up 32% year-on-year in April.
Sales of Light Commercial Vehicles in China edge up 1% year-on-year in March to 322,539 units, a paltry result considering March 2022 was off -24% on the year prior. The year-to-date tally is down -7% to 718,491. Foton (+12.5%) posts a solid gain to retain the lead of the brands ranking above Wuling (-27.5%) hit full frontal again. Changan (+2.1%) edges up above Dongfeng (-2.3%). CNHTC (+40.9%) and JAC (+32%) deliver the largest year-on-year upticks in the Top 10, with Great Wall (+8.3%) also very dynamic. Model-wise, the Foton Light Truck (+11.3%) stays on top while the Wuling Mini Truck (-25.4%) returns to #2 and the Changan Light Truck (+11.8%) rounds out the podium.
Previous month: China LCV February 2023: Foton Light Truck, Great Wall Pao shine in market up 37%
One year ago: China LCV March 2022: Market down -24%, Wuling reclaims lead
Full March 2023 Top 10 brands and Top 3 models below.
China LCV March 2023 – brands:
Pos | Brand | Mar-23 | /22 | Feb | 2023 | /22 | Pos | FY22 |
1 | Foton | 52,393 | 12.5% | 1 | 121,430 | 15.8% | 1 | 2 |
2 | Wuling | 48,610 | -27.5% | 2 | 93,998 | -26.0% | 2 | 1 |
3 | Changan | 37,295 | 2.1% | 3 | 84,689 | -26.1% | 3 | 3 |
4 | Dongfeng | 25,318 | -2.3% | 4 | 55,915 | -19.0% | 4 | 4 |
5 | JAC | 20,988 | 32.0% | 5 | 50,231 | -7.6% | 5 | 7 |
6 | Great Wall | 19,981 | 8.3% | 6 | 48,817 | 13.7% | 6 | 5 |
7 | Maxus | 15,220 | 1.6% | 7 | 40,839 | 0.9% | 7 | 6 |
8 | JMC | 13,678 | -29.1% | 9 | 29,235 | -29.8% | 9 | 8 |
9 | Jinbei | 13,600 | 5.2% | 8 | 29,995 | -5.5% | 8 | 9 |
10 | CNHTC | 11,118 | 40.9% | 10 | 23,598 | 4.7% | 10 | n/a |
China LCV March 2023 – models:
Pos | Model | Mar-23 | /22 | Feb | 2023 | /22 | Pos | FY22 |
1 | Foton Light Truck | 43,989 | 11.3% | 1 | 101,856 | 12.8% | 1 | 1 |
2 | Wuling Mini Truck | 26,044 | -25.4% | n/a | 38,412 | -45.4% | 3 | 2 |
3 | Changan Light Truck | 17,633 | 11.8% | 2 | 40,853 | -17.4% | 2 | 3 |
Source: LMC Automotive