CAAM Reports March 2025 Commercial Vehicle Production, Sales Up MoM but Down YoY

Published: Apr 17, 2025 14:29
CAAM: Commercial Vehicle Production and Sales in March Increased by 35.8% and 42.8% MoM, Respectively. According to CAAM analysis, in March 2025, commercial vehicle production and sales reached 431,000 and 447,000 units, up 35.8% and 42.8% MoM, respectively, but down 1.4% and 2.4% YoY, respectively. From January to March 2025, commercial vehicle production and sales totaled 1.048 million and 1.051 million units, up 5.1% and 1.8% YoY, respectively. In March 2025, among the major commercial vehicle categories, both bus and truck production and sales showed rapid growth compared to the previous month. Compared to the same period last year, bus production increased slightly while sales declined marginally, and both truck production and sales experienced a slight decline.

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