According to the Zhitong Finance APP, on September 26, the China Automobile Dealers Association announced that from January to August 2025, the retail sales volume of new commercial vehicles was 2.014 million units, a year-on-year increase of 7.37%. Among them, the sales volume in August was 246,200 units, a year-on-year increase of 14.03%, but a month-on-month decrease of 1.52%. From January to August 2025, the export sales volume of commercial vehicles was 714,100 units, a year-on-year increase of 23.77%. In August, the export sales volume was 94,000 units, a year-on-year increase of 11.52%, but a month-on-month decrease of 0.36%.
I. Retail Sales Volume in August 2025
The sales data provided by the Commercial Vehicle Professional Committee of the China Automobile Dealers Association shows that the national retail sales volume of commercial vehicles in August 2025 was 246,200 units, a year-on-year increase of 14.03%, but a month-on-month decrease of 1.52%.
<img src="https://imageproxy.pbkrs.com/http://img.zhitongcaijing.com/images/contentformat/025a665e73c69c814f19e504e1524193.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/http://img.zhitongcaijing.com/images/contentformat/025a665e73c69c814f19e504e1524193.jpg"/>
The top 5 companies accounted for 38.11% of retail sales volume, in order: FOTON, SAIC-GM-Wuling, FAW Jiefang, Sinotruk Howo, and JMC.
From the perspective of different vehicle types, the specifics are as follows:
Trucks: The retail sales volume in August was 204,300 units, a year-on-year increase of 17.62%, but a month-on-month decrease of 0.06%. The top 5 companies accounted for 40.47% of retail sales volume, in order: FOTON, SAIC-GM-Wuling, FAW Jiefang, Sinotruk Howo, and JAC Motors.
Buses: The retail sales volume in August was 41,900 units, a year-on-year decrease of 0.76%, and a month-on-month decrease of 8.10%. The top 5 companies accounted for 56.42% of retail sales volume, in order: SAIC-GM-Wuling, Geely Yuan Cheng, SAIC Maxus, JMC, and FOTON.
II. Cumulative Retail Sales Volume from January to August 2025
From January to August, the cumulative retail sales volume of commercial vehicles nationwide was 2.014 million units, a year-on-year increase of 7.37%.
<img src="https://imageproxy.pbkrs.com/http://img.zhitongcaijing.com/images/contentformat/3a8e955022e2b260071ec765f3d54c8d.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/http://img.zhitongcaijing.com/images/contentformat/3a8e955022e2b260071ec765f3d54c8d.jpg"/>
The top 5 companies accounted for 37.86% of retail sales volume, in order: FOTON (600166.SH), SAIC-GM-Wuling, FAW Jiefang (000800.SZ), Sinotruk Howo, and JMC (000550.SZ).
From the perspective of different vehicle types, the specifics are as follows:
Trucks: The retail sales volume from January to August was 1.6957 million units, a year-on-year increase of 8.80%. The top 5 companies accounted for 39.73% of retail sales volume, in order: FOTON, SAIC-GM-Wuling, FAW Jiefang, Sinotruk Howo, and Great Wall Motors (02333).
Buses: The retail sales volume from January to August was 318,300 units, a year-on-year increase of 0.34%. The top 5 companies accounted for 52.47% of retail sales volume, in order: JMC, SAIC-GM-Wuling, SAIC Maxus, Geely Yuan Cheng, and FOTON
3. Export Sales in August 2025
According to sales data provided by the Commercial Vehicle Professional Committee of the China Automobile Dealers Association, the national commercial vehicle export sales in August 2025 reached 94,000 units, a year-on-year increase of 11.52%, and a month-on-month decrease of 0.36%; the export value for the month was 20.116 billion yuan.
<img src="https://imageproxy.pbkrs.com/http://img.zhitongcaijing.com/images/contentformat/159d50e1ea14d287ec4ddf0aa94705ae.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/http://img.zhitongcaijing.com/images/contentformat/159d50e1ea14d287ec4ddf0aa94705ae.jpg"/>
The top five sources of exports were Shandong, Chongqing, Hebei, Anhui, and Beijing; the top five export markets were Vietnam, Mexico, Australia, Ecuador, and Argentina.
By different vehicle types, the specifics are as follows:
Trucks: The export sales in August were 83,900 units, a year-on-year increase of 8.81%, and a month-on-month decrease of 0.49%, with an export value of 15.289 billion yuan.
Buses: The export sales in August were 10,100 units, a year-on-year increase of 40.58%, and a month-on-month increase of 0.74%, with an export value of 4.827 billion yuan.
4. Cumulative Export Sales from January to August 2025
From January to August, the cumulative national commercial vehicle export sales reached 714,100 units, with a cumulative year-on-year growth of 23.77%; the cumulative export value was 150.734 billion yuan.
<img src="https://imageproxy.pbkrs.com/http://img.zhitongcaijing.com/images/contentformat/728bf93a02a5e49145740912de713726.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Image" original-src="https://imageproxy.pbkrs.com/http://img.zhitongcaijing.com/images/contentformat/728bf93a02a5e49145740912de713726.jpg"/>
The top five sources of exports were Shandong, Chongqing, Beijing, Anhui, and Hebei; the top five export markets were Mexico, Vietnam, Australia, Saudi Arabia, and Chile.
By different vehicle types, the specifics are as follows:
Trucks: The cumulative export sales from January to August were 642,600 units, with a cumulative year-on-year growth of 22.85%, and a cumulative export value of 117.638 billion yuan.
Buses: The cumulative export sales from January to August were 71,500 units, with a cumulative year-on-year growth of 32.78%, and a cumulative export value of 33.096 billion yuan

600166

000550

600104

000800

From January to August 2025, the retail sales of new commercial vehicles in China reached 2.014 million units, a year-on-year increase of 7.37%. In August, the sales volume was 246,200 units, a year-on-year increase of 14.03%, but a month-on-month decrease of 1.52%. The export sales of commercial vehicles were 714,100 units, a year-on-year increase of 23.77%. In August, truck sales were 204,300 units, a year-on-year increase of 17.62%, while bus sales were 41,900 units, a year-on-year decrease of 0.76%. The retail sales share of the top five companies was led by FOTON, SAIC-GM-Wuling, FAW Jiefang, Sinotruk Howo, and JMC

Zhitong

FOTON

SAIC Motor

FAW Jiefang

China Automobile Dealers Association: From January to August, the retail sales volume of new commercial vehicles was 2.014 million units, a cumulative year-on-year increase of 7.37%