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From January to June of this year, China's light trucks sold a total of 494,603 vehicles, maintaining a growth rate of 10.3%, which is still one of the fastest growing commercial vehicles. Futian, Jianghuai and Dongfeng continue to be the top three in the light truck industry. Beiqi Foton still ranks the top in the industry in terms of production and sales, but its growth rate has dropped slightly compared to last year. On the contrary, Jianghuai Light Truck Co., Ltd. achieved sales of light-card products of 57,677 units with a growth rate of 5 percentage points higher than the industry, and ranked second in the industry.
Affected by factors such as the price of automobile fuel and raw materials, the overall performance of the commercial vehicle market has been flat. In the first half of this year, the growth rate of the light truck industry dropped from 13% in the same period last year to 10%. In light of the overall slowdown of the industry, the JAC light trucks have risen in a contrarian direction, with their year-on-year growth rate of 15.3%, which is 5% higher than the industry growth rate and has become a bright spot in the light-duty truck industry in the first half of the year.