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Beiqi Foton Becomes the Biggest Commercial Vehicle Maker

2010-09-16    

According to a survey made by Duisburg University Center for Automotive Research (CAR), Beiqi Foton has replaced Daimler to be the biggest commercial vehicle manufacturer including carrier vehicles, heavy duty trucks and buses. Cumbered by the world financial crisis, Daimler sales in Europe, the US and Russia declined largely (425,000 units). And their dominator state in commercial vehicles sales were taken by China Beiqi Foton with sales of 580,000 units. Although sales of Daimler increased aggressively this year, sales of Foton increased by 18% in the first seven months driven by the surging domestic needs.

 

Apart from Beiqi Foton, China Dongfeng, TATA, and FAW were also listed top five biggest commercial vehicle manufacturers, and four of them were from Asia. CAR predicts that China will be the biggest commercial vehicle markets this year, taking 55% of global sales. Development of commercial vehicles are much faster than passenger vehicles in Asia, and Asia is gradually became center of global commercial vehicles. After China, sales of Japan and India will amount to 740,000 units and 660,000 units, and sales of France and Germany will be 445,000 units and 263,000 units. Sales of the US will be the tenth.