China's Heavy-Duty Truck Market Sees Modest March Sales Growth, Down Year-on-Year

게시됨: Apr 1, 2025 10:45
According to preliminary data from the First Commercial Vehicle Network, in March 2025, China's heavy-duty truck market sold approximately 105,000 units (wholesale basis, including exports and new energy), up 29% MoM from February this year, but down about 9% YoY from 116,000 units in the same period last year. The 105,000 units sold in March were only higher than the sales in March 2022 when compared to the past eight years, and lower than the March sales in other years. Therefore, it can be said that the "gold content" of the heavy-duty truck market in March this year was not high. Cumulatively, from January to March this year, China's heavy-duty truck market sold approximately 259,000 units, with a YoY decline of 5%.

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According to preliminary data from the First Commercial Vehicle Networ - Shanghai Metals Market (SMM)