According to the latest data released by the China Association of Automobile Manufacturers, October witnessed a notable decline in the production and sales of non-integrated passenger vehicles. In contrast, commercial vehicle production and sales showed mixed performance. The country's commercial vehicle production reached 190,900 units in October, marking a 10.23% drop from the previous month but a 14.54% year-on-year increase. Sales totaled 195,400 units, down 7.77% from the prior month, yet up 17.42% compared to the same period last year.
Looking at different types of commercial vehicles, semi-trailer tractors continued to see growth, while other categories experienced declines. Notably, non-integrated passenger cars saw a sharper drop in both production and sales. Meanwhile, overall commercial vehicle varieties still maintained strong growth, except for the non-integrated segment.
From January to October, the industry produced and sold 193,600 buses and 194,300 commercial vehicles, reflecting a year-on-year growth of 21.68% and 24.85%, respectively. Truck production and sales reached 1,126,900 and 1,264,900 units, with increases of 18.27% and 18.77%. Non-integrated passenger car production and sales were 84,400 and 84,200 units, up 3.10% and 3.84% year-on-year. Non-integrated truck sales rose significantly, reaching 387,400 and 376,900 units, an increase of 35.11% and 34.33%. Semi-trailer tractor sales also surged, with 151,900 and 150,600 units sold, up 1.2 and 1.1 times, respectively.
In October alone, passenger car production and sales fell to 17,600 and 18,300 units, down 22.64% and 20.21% from the previous month, though they still rose by 28.13% and 43.24% year-on-year. Truck production and sales dropped slightly, with 117,600 and 122,500 units produced and sold, a 9.94% and 4.33% monthly decline, but a 9.70% and 12.87% increase year-on-year. Non-integrated passenger car production and sales declined sharply, falling 27.14% and 26.19% from the previous month, and dropping 13.26% and 13.89% year-on-year. Non-integrated goods vehicle sales also dipped slightly, with 33,200 and 34,100 units sold, down 7.97% and 5.42% from the previous month, but up 14.61% and 21.07% year-on-year. Semi-trailer tractors saw a 14.07% increase in production but a 12.13% drop in sales, with a significant year-on-year rise of 79.43% and 52.29%.
In terms of top-selling commercial vehicle brands, Beiqi Foton, Dongfeng, FAW, Jianghuai, Jinbei, CNHTC, Changan, Jiangling, Nanqi, and Shaanxi Automobile dominated the market. These ten companies collectively accounted for 67% of total commercial vehicle sales, selling 1,397,500 units. In the October sales rankings, Beiqi Futian, Dongfeng, FAW, JAC, Jinbei, Changan, CNHTC, JMC, Shaanxi Auto, and Kama topped the list.
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