Commercial vehicle sales analysis in February

Influenced by the long Chinese spring festival, sales of vehicles in February increased by 15.3% year-on-year to 553,381 units, commercial vehicle sales rose slightly to 135,730 units (+0.20 %). Sales per day in February were 26,351 (+54%)，up13.92% compared with the previous month; Commercial vehicle sales per day rose to 6,463 (+33.6%), up 21.7%.

Heavy pickups sales climbed to 24,175 (+31.7%) for a single month and reached 51,804 (+72.5%) for the two months. Market shares of Beiqi Foton, FAW, Shanxi Auto and North Benz advanced by 8.61 percent compared to that of the same month last year. Sales of Weifang's diesels engine plant in Shandong province surged to 25,763 (+135% year on year) being the engine supplier for the above four automakers; sales of passenger vehicles surged by 64.77% in the second month, which mainly contributed by exports orders.

Passenger vehicle sales increased to 21,844 (+41.04% year on year) in the past two months. Passenger vehicles with a body length of more than 12-meter or 9-10 saw the biggest rise, while those of 8-9 meters sales rise slightly; buses are still the hot sellers, whose sales increased to 5,146 (+56.56%).