China Passenger Car Association: July 2023 Automobile Pickup Truck Manufacturer Wholesale Sales Ranking Quick Report

China Passenger Car Association: July 2023 Automobile Pickup Truck Manufacturer Wholesale Sales Ranking Quick Report

According to the data from the China Passenger Car Association Pickup Truck Market Information Joint Conference, the pickup truck market sold 39,000 vehicles in July 2023, a year-on-year decrease of 10% and a month-on-month decrease of 15%, which is at a medium-to-high level in the past five years. Due to the strong production of pickup trucks in the summer last year, the real estate market is sluggish this year, but the overall pickup truck demand situation has improved under the consumption promotion policy, which has promoted the overall pickup truck sales of 296,000 from January to July 2023, a year-on-year decrease of 2%, a relatively small decrease. In particular, the surge in overseas demand has driven the continued growth of China's pickup truck exports since the second half of last year, which is also a common feature of the overall strengthening of automobile exports in the automobile industry.

In July this year, pickup truck production fell 15.6% year-on-year, sales fell 10% year-on-year, and exports were 10,200 units, down 14% year-on-year. The seasonal decline in the domestic market was relatively stable, especially the pickup truck sales in the county and township markets increased steadily year-on-year, effectively offsetting the shrinkage of pickup trucks in large cities. From January to July 2023, the overall pickup truck sales volume was 296,000, and the year-on-year trend was relatively stable. Under the pressure of the sluggish real estate environment, driven by consumption promotion policies, China's pickup truck production and sales performance will remain relatively stable in 2023.

The year-on-year decline in pickup truck sales in July was due to the high base last year, and pickup trucks were still strong overall in the first half of the year. Great Wall Motors maintained its strong pickup truck leadership, and Jiangling Motors, Zhengzhou Nissan, and Jiangxi Isuzu performed strongly in the domestic pickup truck market. Some pickup truck companies seized the export opportunity to achieve strong growth. Great Wall Pickup, JAC Motors, SAIC Maxus, and Foton Motor had strong export trends, and exports accounted for more than 22% of the total sales of some manufacturers. The pickup truck trend of the main manufacturers in the domestic retail market is still relatively stable. The domestic pickup truck market is relatively stable, and the pickup trucks of Great Wall, Jiangling, Zhengzhou Nissan, and Jiangxi Isuzu are stable. The domestic electric pickup truck market is gradually starting, and electric pickup trucks such as Geely Radar are gradually cultivating the market.

Note: The data in this article is based on the monthly report of the Passenger Car Market Information Joint Conference (Commercial Vehicle Production and Sales News) - Final Draft

<<:  The merger of Feifan Automobile is almost certain. No matter who breaks the impasse, time is no longer on SAIC's side.

>>:  Where did all those guys who made routers last year go?

Recommend

Four scenarios that are best suited for RxJava

RxJava is a very popular functional responsive pr...

Dry and itchy skin after showering? You may be doing these 5 things wrong

The temperature has dropped sharply recently, and...

How does Meituan trick its members?

The Double 11 and Double 12 carnival is over, are...

Can't play Project Ara? Try a modular phone case

Project Ara's modular phone is mind-blowing. ...

Android Study: Jump to the startup management page

Preface Recently, a project requires the software...

How can we create explosive content? You must read this article!

Why is it that when we see content from self-medi...

The longest train in China runs every 12 minutes on average.

Have you seen the longest train in China? Count t...

Wuwei Academy main line capture dragon first issue

Introduction to the first phase of Wuwei Academy&...

In-depth analysis of New Oriental Online event operations

I believe everyone has experienced the "mone...

Marketing promotion: How to make your ad attract users' attention in 1 second?

In an age of scarce attention, every user is very...

Wang Ce VLOG personal short video experience sharing class

Wang Ce VLOG personal short video experience shar...