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China LCV March 2015: Wuling Hongguang V cracks 30,000 sales

Wuling Hongguang V China March 2015. Picture courtesy xcar.com.cn

* See the Top 10 best-selling LCVs by clicking on the title *

213,053 new Light Commercial Vehicles found a buyer in March in China, adding up to 514,922 over the 1st quarter of 2015. This segment is in freefall since small businesses have started to trade up to MPVs such as the Wuling Hongguang or Baojun 730. However Wuling is fighting the downwards trend by launching the Hongguang V, still a tradeup from the once best-selling Sunshine (-38% in March) and Rongguang (-47%) but more affordable than the Hongguang. It’s a full house for now: the Hongguang V crosses the 30,000 monthly sales milestone for its third month in market at 30,003, following the same sales progression as the Baojun 730 MPV a few months back. A very promising start indeed. Note the Foton Light Truck taking the lead of the LCV ranking this month above all Wulings.

Previous post: China LCVs January 2015: Wuling Hongguang V appears

One year ago: China March 2014: Now updated with LCV data!

Full March 2015 Top 10 LCVs Ranking Table below.

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