China Sold 12,000 Units Self-dump Trucks in August

The latest statistics show that China sold 12,000 units engineering self-dump trucks, down by 15.5% year on year. From January to August this year, China’s total sales volume of self-dump trucks reached 143,000 units, down by 21.3% year on year.

SHACMAN sold 26,000 units self-dump trucks in the first eight months this year, ranking the second place in the industry. However, its sales volume plummeted by 30.7% year on year compared with that last year. Its market share dropped slightly to 17.9% compared with that in the same period last year.Hongyan, with a total sales volume of 29,000 units self-dump trucks, ranks the first place in the industry. Compared with that in the same period last year, Hongyan’s sales volume dropped by 12.8% year on year. Also, its market shares reached 20.5%, two percentage points higher than that in the previous year. In August, despite the anemic market conditions, Hongyan sold 3,089 units self-dump trucks, up by 18.5% year on year.

From January to August this year, Jiefang and CNHTC sold 21,000 units and 17,000 units self-dump trucks, ranking the third and fourth place respectively in China’s self-dump truck market. In the same period, the two companies sales volumes declined by 8.7% and 42.9% respectively and their market shares reached 14.5% and 11.6% respectively.

The top four players in China’s self-dump truck market, Hongyan, SHACMAN, Jiefang, CNHTC had a combined sales volume of 92,000 units in the first eight months this year, accounting for 64.5% of China’s total sales volume. In the same time, the combined market share of the top four players dropped by 2.8 percentage points compared with that in the previous year.