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China's light-duty truck sales hit one million last year
Shanghai. February 15 (Gasgoo.com) – China sold one million and five thousand light-duty trucks (1.8 tons ＜total weight≤6 tons ) in home market in 2007, up 17.64 percent from one year earlier, according to China Association of Automobile Manufacturers.
Besides the finished light duty trucks, China also sold 99,600 unfinished (chassis) light duty trucks in home market last year, up 3.35 percent from one year earlier. Trucks with total weight between 4.5 tons and 6 tons have experienced fastest sales growth in Chinese market last year.
Beiqi Foton, Dongfeng Motor and Jianghuai Auto (JAC) are three top sellers in Chinese market. Last year, the three biggest light truck makers sold a total 546,600 light trucks, representing 40 percent of China's light truck market.
Last year Foton's sales revenue reached 27.86 billion yuan ($3.87 billion), up 40.53 percent from one year earlier. The automaker's total light truck sale rose 11 percent to 319,000 last year, representing 28.9 percent of China’s light truck market.
"This is the ninth year in a row that Foton has successful defended its top seller position in China's light truck market," said Zhao Jingguang, Foton's spokesman. "And this is the first time that Foton becomes a top light vehicle seller worldwide."
Last year, a total number of 2.49 million commercial vehicles were sold out in China's domestic market and Foton grabbed 16 percent of this market.
Meanwhile, Foton exported 30,000 commercial vehicles, up 238.78 percent from one year earlier.
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