China's Jan-Jul commercial vehicle sales up 19%

Shanghai. August 21 (Gasgoo.com) Commercial vehicle sales in China rose 18.76 percent year-on-year to 1.75 million units in the January to July period, data from China Association of Automobile Manufacturers (CAAM) showed.

The growth in the commercial vehicle sector maintained stable this year except for July, when only 177,600 units were sold, down 28.50 percent month-on-month and 3.35 percent year-on-year.

CAAM said the decline occurred because many automakers have been conducting checks on factory equipment in July and August and giving employees a summer break.

The top 10 sellers of commercial vehicles from January to July were Beiqi Foton, Dongfeng Motor, FAW, JAC, Brilliance Jinbei, Sinotruck, Changan, Jiangling Motors, Shaanxi Auto and Nanjing Auto.

The 10 automakers sold a total of 1.23 million commercial vehicle from January to July, representing 70 percent of China's total commercial vehicle sales in the period.