FAW Jiefang(SZ:000800) 智通财经网·2025-09-23 10:02Core Insights - In August 2025, the retail sales of heavy trucks reached 67,600 units, marking a year-on-year increase of 65.65% and a month-on-month increase of 3.89% [1] - Cumulative sales from January to August 2025 totaled 491,700 units, reflecting a year-on-year growth of 24.92% [1] Market Structure - In the first eight months of 2025, the market structure for heavy truck sales showed that tractors accounted for 54% of total sales [3] - The top three horsepower segments in the tractor market were ≤300hp, 500-600hp, and 400-500hp, with the 500-600hp segment holding a 41% share [3] - The leading drive forms were 6×4, 4×2, and 8×4, with 6×4 accounting for 91% of the tractor market [4] - In terms of fuel types, diesel, natural gas, and new energy were the top three, with natural gas comprising 44% of the tractor market [4] Brand Performance - In August 2025, the top five brands in heavy truck sales accounted for 62.2% of the market, led by FAW Jiefang, Dongfeng Commercial Vehicle, and others [7] - Cumulative sales for the top five brands from January to August 2025 represented 60.6% of the market share [7] - The top five brands in tractor sales for August 2025 accounted for 69.5% of the market, with FAW Jiefang and Ouman leading [8] Regional Competition - The top three provinces for heavy truck sales in August 2025 were Shandong, Guangdong, and Hebei, while the leading cities were Shanghai, Shenzhen, and Guangzhou [9] - Sales in Shandong reached 7,340 units, showing significant year-on-year growth [10]