The Wuling Mini Truck now rules the Chinese LCV market.
* See the Top 10 best-selling models by clicking on the title *
Thanks to , we can study the Light Commercial Vehicle market in China, the segment hardest hit by the “readjustment” Chinese new vehicle sales are undergoing at the moment. LCV sales are down a harsh 26% year-on-year in July to just 244.853 registrations, bringing the year-to-date total to 2.182.350 units, down 27% on 2014 when 2.978.320 units were sold between January and July. That’s almost 800.000 Chinese LCVs gone in smoke in the space of a year. Not all LCV sub-segments are hit though, and July once again illustrate the new trend towards mini and small pickups: the Wuling Mini Truck goes completely against the grain with sales up another 29% year-on-year to 20.118 and now up 13% year-to-date. Similarly, the Foton Light Truck is up 13% in 2nd place.
Flash in the pan? The Wuling Hongguang V is down 53% on March.
Reversely, microvans are going out of fashion faster than it takes to write these lines: the Wuling Rongguang is down 31% and the Wuling Sunshine literally implodes at -62% and just 12.256 sales vs. 32.319 a year ago. Only the Chana Mini Bus resists somewhat at – 9%. The third LCV trend we have observed, from microvans towards larger commercial vans, is now in question: the Wuling Hongguang V signs its 4th consecutive month-on-month decline, down to 14.001 sales in July, less than half its peak figure of 30.003 units hit in March.
Previous month: China LCV June 2015: Wuling Mini Truck takes off at +66%
One year ago: China July 2014: Now updated with Top 10 LCVs
Full July 2015 Top 10 models Ranking Table below.