On September 26, the China Automotive Dealers Association released data showing that from January to August 2025, commercial vehicle retail sales totaled 2.014 million units, representing a cumulative year-on-year increase of 7.37%. August sales reached 246,200 units, up 14.03% year-on-year and down 1.52% month-on-month.
For the January-August 2025 period, commercial vehicle export sales totaled 714,100 units, marking a cumulative year-on-year growth of 23.77%. August export sales were 94,000 units, up 11.52% year-on-year and down 0.36% month-on-month.
**I. August 2025 Retail Sales**
According to sales data provided by the Commercial Vehicle Professional Committee of the China Automotive Dealers Association, national commercial vehicle retail sales in August 2025 totaled 246,200 units, up 14.03% year-on-year and down 1.52% month-on-month. The top 5 companies accounted for 38.11% of retail sales, ranking as follows: Beiqi Foton Motor Co.,Ltd., SAIC-GM-Wuling, Faw Jiefang Group Co.,Ltd., Sinotruk Howo, and Jiangling Motors Corporation,Ltd.
By vehicle type breakdown:
**Trucks:** August retail sales reached 204,300 units, up 17.62% year-on-year and down 0.06% month-on-month. The top 5 companies accounted for 40.47% of retail sales, ranking as follows: Beiqi Foton Motor Co.,Ltd., SAIC-GM-Wuling, Faw Jiefang Group Co.,Ltd., Sinotruk Howo, and JAC Motors.
**Buses:** August retail sales totaled 41,900 units, down 0.76% year-on-year and 8.10% month-on-month. The top 5 companies accounted for 56.42% of retail sales, ranking as follows: SAIC-GM-Wuling, Geely Commercial Vehicles, SAIC Maxus, Jiangling Motors Corporation,Ltd., and Beiqi Foton Motor Co.,Ltd.
**II. January-August 2025 Cumulative Retail Sales**
From January to August, national cumulative commercial vehicle retail sales reached 2.014 million units, up 7.37% year-on-year cumulatively. The top 5 companies accounted for 37.86% of retail sales, ranking as follows: Beiqi Foton Motor Co.,Ltd. (600166.SH), SAIC-GM-Wuling, Faw Jiefang Group Co.,Ltd. (000800.SZ), Sinotruk Howo, and Jiangling Motors Corporation,Ltd. (000550.SZ).
By vehicle type breakdown:
**Trucks:** January-August retail sales reached 1.6957 million units, up 8.80% year-on-year cumulatively. The top 5 companies accounted for 39.73% of retail sales, ranking as follows: Beiqi Foton Motor Co.,Ltd., SAIC-GM-Wuling, Faw Jiefang Group Co.,Ltd., Sinotruk Howo, and GWMOTOR (02333).
**Buses:** January-August retail sales totaled 318,300 units, up 0.34% year-on-year cumulatively. The top 5 companies accounted for 52.47% of retail sales, ranking as follows: Jiangling Motors Corporation,Ltd., SAIC-GM-Wuling, SAIC Maxus, Geely Commercial Vehicles, and Beiqi Foton Motor Co.,Ltd.
**III. August 2025 Export Sales**
According to sales data provided by the Commercial Vehicle Professional Committee of the China Automotive Dealers Association, national commercial vehicle export sales in August 2025 totaled 94,000 units, up 11.52% year-on-year and down 0.36% month-on-month, with export value reaching 20.116 billion yuan for the month. The top 5 export source regions were Shandong, Chongqing, Hebei, Anhui, and Beijing; the top 5 export markets were Vietnam, Mexico, Australia, Ecuador, and Argentina.
By vehicle type breakdown:
**Trucks:** August export sales reached 83,900 units, up 8.81% year-on-year and down 0.49% month-on-month, with export value of 15.289 billion yuan.
**Buses:** August export sales totaled 10,100 units, up 40.58% year-on-year and 0.74% month-on-month, with export value of 4.827 billion yuan.
**IV. January-August 2025 Cumulative Export Sales**
From January to August, national cumulative commercial vehicle export sales reached 714,100 units, up 23.77% year-on-year cumulatively, with cumulative export value of 150.734 billion yuan. The top 5 export source regions were Shandong, Chongqing, Beijing, Anhui, and Hebei; the top 5 export markets were Mexico, Vietnam, Australia, Saudi Arabia, and Chile.
By vehicle type breakdown:
**Trucks:** January-August export sales reached 642,600 units, up 22.85% year-on-year cumulatively, with cumulative export value of 117.638 billion yuan.
**Buses:** January-August export sales totaled 71,500 units, up 32.78% year-on-year cumulatively, with cumulative export value of 33.096 billion yuan.
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