The Wuling Mini Truck is the best-selling LCV in China in May.
260,265 new Light Commercial Vehicles hit Chinese roads in May, a 32% year-on-year improvement. Keep in mind May 2022 was off 41% on the year prior. The year-to-date volume now stands at 1,249,83, up 9% on the same period in 2022. Wuling (+130.6%) simply lodges the largest year-on-year gain in the Top 10 and ends the month almost 20,000 units above #2 Foton (+19.4%). As a result Wuling snaps the year-to-date top spot with over 205,000 sales. Changan (+30.8%) almost matches the market at #3 while Jinbei (+130%) and Maxus (+43.9%) also shine. Model-wise, the Wuling Mini Truck (+257.9%) repeats at #1 but remains way below the Foton Light Truck (+13.1%) in the year-to-date order.
Previous month: China LCV April 2023: Wuling and Mini Truck back in charge
One year ago: China LCV May 2022: Market down -41%, Great Wall (-17%) fares best again
Full May 2023 Top 10 brands and Top 3 models below.
China LCV May 2023 – brands:
Pos | Brand | May-23 | /22 | Apr | 2023 | /22 | Pos | FY22 |
1 | Wuling | 56,639 | 130.6% | 1 | 205,511 | 16.4% | 1 | 1 |
2 | Foton | 37,050 | 19.4% | 2 | 198,309 | 25.0% | 2 | 2 |
3 | Changan | 28,954 | 30.8% | 3 | 142,396 | -9.0% | 3 | 3 |
4 | Dongfeng | 15,799 | -20.7% | 4 | 93,090 | -12.5% | 4 | 4 |
5 | Great Wall | 18,605 | 9.4% | 5 | 86,073 | 17.6% | 5 | 5 |
6 | JAC | 15,019 | 27.7% | 6 | 81,769 | 4.9% | 6 | 7 |
7 | Maxus | 13,295 | 43.9% | 7 | 67,939 | 19.3% | 7 | 6 |
8 | Jinbei | 10,330 | 130.0% | 8 | 50,591 | 15.0% | 8 | 9 |
9 | JMC | 10,420 | -1.6% | 9 | 49,527 | -17.9% | 9 | 8 |
10 | CNHTC | 6,791 | 26.8% | n/a | 37,098 | 13.5% | 10 | n/a |
China LCV May 2023 – models:
Pos | Model | May-23 | /22 | Apr | 2023 | /22 | Pos | FY22 |
1 | Wuling Mini Truck | 41,964 | 257.9% | 1 | 119,285 | 21.4% | 2 | 2 |
2 | Foton Light Truck | 30,665 | 13.1% | 2 | 166,439 | 21.9% | 1 | 1 |
3 | Great Wall Pao Pickup | 18,605 | 41.0% | 3 | 73,609 | 30.0% | 3 | n/a |
Source: LMC Automotive