第一商用车网·2025-08-16 13:14Core Viewpoint - The medium truck market in China has experienced a continuous decline, with a cumulative sales drop of 15% in the first half of 2025, and July 2025 showing a year-on-year decrease of 19% in sales, raising concerns about the market's recovery potential [1][3][19]. Group 1: Market Performance - In July 2025, the total truck market (including chassis and tractors) sold 264,400 units, a month-on-month decrease of 16% but a year-on-year increase of 14% [3]. - The medium truck segment sold 8,642 units in July 2025, marking a month-on-month decline of 14% and a year-on-year decline of 19%, continuing a trend of five consecutive months of decline [3][9]. - Cumulatively, from January to July 2025, the medium truck market sold 68,200 units, a decrease of 16% compared to the previous year, ranking third in the last five years [5][14]. Group 2: Company Performance - In July 2025, the top ten companies in the medium truck market had a combined market share of 98.01%, with the top five companies accounting for 80.46% [12]. - Jiefang maintained its position as the sales champion with 2,715 units sold, capturing a market share of 31.42% [12]. - Companies such as Heavy Truck, Dongfeng, BYD, and Shaanxi Auto saw year-on-year sales increases of 81%, 13%, 92%, 24%, and 214%, respectively, while some companies experienced significant declines, with one company reporting a 70% drop [10][16]. Group 3: Market Trends - The medium truck market has shown a fluctuating trend over the past five years in July, with sales peaking at 11,300 units in July 2021, followed by significant declines in 2022 and a recovery in 2023 and 2024, only to fall again in 2025 [5]. - The cumulative sales from January to July 2025 indicate that Jiefang, Jianghuai, Heavy Truck, and Dongfeng each hold over 10% market share, with Jiefang leading at 30.66% [17]. - The overall market sentiment remains cautious, with questions about when the current decline will end and whether a recovery is possible in the latter half of 2025 [19].