Analysis of Concentration of Light Truck Market in January-October of 2010

According to data compiled by Gasgoo.com, from January to October 2010, China's light trucks (including whole vehicles and non-integrated vehicles) sold a total of 1.6198 million vehicles, an increase of 28.46% year-on-year. Sales of light trucks totaled 1.5106 million vehicles, a year-on-year increase of 27.04%; sales of light trucks and non-complete vehicles were 109,200, an increase of 51.99% year-on-year.

From January to October this year, there are six major companies engaged in the manufacture of non-integrated light trucks (chassis): Dongfeng Motor Corporation, China First Automobile Group Corporation, Jinbei Automobile Corporation, Qingling Automobile (Group) Co., Ltd., Jiangxi Jiangling Automobile Holdings Co., Ltd., Liaoning Lingyuan Linghe Automobile Manufacturing Co., Ltd.

The manufacturers of light trucks (hereinafter referred to as "light trucks") are more. From January to October this year, there are 34 companies with light trucks sold by the China Automobile Association, but four fewer than the same period last year.

The top 21 companies in the light truck market accounted for 98.5% of the fastest growing UFO autos

Of the 34 companies in this year, 13 companies had sales of less than 6,000 vehicles from January to October, of which 7 companies had sales of less than 1,000 vehicles, and two companies sold only double digits. The remaining 21 companies accounted for 98.5% of the light truck market, a slight increase from the market share of the top 21 companies (98.1%) in the same period last year.

The difference between this year and the previous year's list of 21 light truck sales companies is that the 21st sales of China Yituo Group Co., Ltd. in the same period last year was only ranked 24th in sales from January to October this year (3070 units, down 51.78% year-on-year). Zhejiang UFO Automobile Manufacturing Co., Ltd., which ranked 24th in the same period of last year, jumped to 21st place this year. Its light truck sales surged by 461.59% from the same period last year to 15,400 units, compared with 183 units for the 20th Yellow Sea Vehicle. Poor, and the growth rate ranks first among light-card companies.

From January to October in 2010, the top ten companies in the light trucks have reduced market concentration

From January to October in 2010, the top ten companies in the light trucks have reduced market concentration

The market share of the top three companies fell 2.16%, and the market share of the top five and top ten companies both fell by 1.5%.

From January to October this year, the top three companies for light truck sales are still Beiqi Futian, Jianghuai and Dongfeng. Among them, Beiqi Foton is still leading by absolute advantage, and its leading advantage is further expanded. The company sold 372,900 light trucks in January-October this year, ahead of the second (JAC) number of 2,182. In the same period of last year, the sales gap between JAC and Beiqi Foton was 1.998 million. At present, the two major companies are investing in light-cap projects in Shandong, and there will be some new competition in the future.

Although the gap between Jianghuai and Huaihe is widening, the advantage of being ahead of the third place (Dongfeng) has obviously increased. From January to October this year, sales volume of JAC light trucks increased by 34.09% to 154,700 units, which was 27,300 vehicles higher than Dongfeng. In the same period of last year, the difference between Dongfeng and JAC's light truck sales was only 4,606 units.

The market share of the top three companies mentioned above dropped by 2.16% from 45.52% in the same period last year to 43.36%.

From January to October this year, the 4th to 10th sales of light trucks were Jiangling, Great Wall, Kama, Nanqi, Jinbei, FAW, and Tang Junou. In the same period last year, they were Kama, JMC, FAW, Great Wall, and Nanqi. Tang Jun Ou Ling, Dongan Panthers.

From January to October this year, the market share of the top five companies for light truck sales was 55.31%, which was 1.63% lower than the share of the top five companies in the same period last year (56.94%). The market share of the top ten companies also fell by 1.78% from 77.05% to 75.27%.

Note:

In this article, Beiqi Foton, Jianghuai, Dongfeng, Jiangling, Great Wall, Kama, Nanqi, Jinbei, FAW, Tang Jun, European Bell, Dongan Panthers, Lifan, Beijing Automobile, Chang'an, Zhongxing, Qingling, Sichuan Nanjun, Changhe, Zhangzhou Gio, Huanghai Automobile and UFO Automobile respectively refer to Beiqi Foton Motor Co., Ltd., Anhui Jianghuai Automobile Co., Ltd., Dongfeng Motor Co., Jiangxi Jiangling Motors Holding Co., Ltd., Great Wall Motor Co., Ltd., Shandong Kaima Automobile Manufacturing Co., Ltd., and Nanjing Automobile Group Co., Ltd., Jinbei Automobile Co., Ltd., China FAW Group Corporation, Shandong Tang Jun Ou Ling Automobile Manufacturing Co., Ltd., Dongan Panther Co., Ltd., Chongqing Lifan Automobile Co., Ltd., Beijing Automobile Manufacturing Plant Co., Ltd., Chongqing Changan Automobile Co., Ltd. Co., Ltd., Hebei Zhongxing Automobile Manufacturing Co., Ltd., Qingling Automobile (Group) Co., Ltd., Sichuan Nanjun Automobile Co., Ltd., Jiangxi Changhe Automobile Co., Ltd., Ganzhou Jiao Nanyan Chifeng Automobile Co., Ltd., Dandong Huanghai Automobile Co., Ltd. Company, Zhejiang UFO Automotive System Limited.

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