Yuancheng aka Farizon is now a Top 10 brand in China.
In October new LCV sales in China sink -27% year-on-year to just 216,013 units, leading to a year-to-date tally off -21% to 2,523,115. Wuling (-47%) literally implodes year-on-year but easily remains on top with more than double the sales of #2 Foton (-18%). Changan (-7%) resists at #3 ahead of Dongfeng (-20%) making sure the Top 4 is identical to October. Maxus (-3%) is up one spot on last month to #5, overtaking Great Wall (-34%). Jinbei (-21%) gains share at #8 vs. #9 YTD. : Yuancheng (+495%) aka Farizon. Model-wise, the Wuling Mini Truck (-52%) is the best-seller again but remains #2 year-to-date below the Foton Light Truck (-19%). Wuling LCV shrinks its YTD gap with the Foton to just 6,500 units. The Changan Light Truck (-13%) rounds out the podium.
Previous month: China LCV October 2022: Maxus (+24%) only gainer in market down -17%
Full November 2022 Top 10 brands and Top 3 models below.
China LCV November 2022 – brands:
Pos | Brand | Nov-22 | /twenty one | Oct | 2022 | /twenty one | Pos | FY21 |
1 | Wuling | 44,011 | -47% | 1 | 451,449 | -17% | 1 | 1 |
2 | Foton | 21,802 | -18% | 2 | 320,633 | -twenty five% | 2 | 2 |
3 | Changan | 18,551 | -7% | 3 | 289,330 | -3% | 3 | Four |
Four | Dongfeng | 18,012 | -20% | Four | 216,875 | -29% | Four | 3 |
Five | Maxus | 16,248 | -3% | 6 | 147,178 | -6% | 7 | 8 |
6 | Great wall | 13,832 | -34% | Five | 172,928 | -17% | Five | Five |
7 | JAC | 11,883 | -40% | 7 | 157,015 | -twenty three% | 6 | 6 |
8 | Jinbei | 9,993 | -twenty one% | 8 | 97,286 | -36% | 9 | 9 |
9 | JMC | 8,073 | -53% | 9 | 115,695 | -30% | 8 | 7 |
Ten | Yuancheng | 7,399 | 495% | n/a | 33,120 | 456% | n/a | n/a |
China LCV November 2022 – models:
Pos | Model | Nov-22 | /twenty one | Oct | 2022 | /twenty one | Pos | FY21 |
1 | Wuling Mini Truck | 26,471 | -52% | 1 | 263,206 | -19% | 2 | 2 |
2 | Foton Light Truck | 17,629 | -19% | 2 | 269,709 | -27% | 1 | 1 |
3 | Changan Light Truck | 8,533 | -13% | 3 | 125,682 | -16% | 3 | n/a |
Source: LMC Automotive