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China LCV March 2023: CNHTC (+40.9%), JAC (+32%) impress, sales edge up 1%

JAC LCV sales are up 32% year-on-year in April.

Sales of Light Commercial Vehicles in China edge up 1% year-on-year in March to 322,539 units, a paltry result considering March 2022 was off -24% on the year prior. The year-to-date tally is down -7% to 718,491. Foton (+12.5%) posts a solid gain to retain the lead of the brands ranking above Wuling (-27.5%) hit full frontal again. Changan (+2.1%) edges up above Dongfeng (-2.3%). CNHTC (+40.9%) and JAC (+32%) deliver the largest year-on-year upticks in the Top 10, with Great Wall (+8.3%) also very dynamic. Model-wise, the Foton Light Truck (+11.3%) stays on top while the Wuling Mini Truck (-25.4%) returns to #2 and the Changan Light Truck (+11.8%) rounds out the podium.

Previous month: China LCV February 2023: Foton Light Truck, Great Wall Pao shine in market up 37%

One year ago: China LCV March 2022: Market down -24%, Wuling reclaims lead

Full March 2023 Top 10 brands and Top 3 models below.

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