A few days ago, the reporter learned from Foton Motor that in the first quarter, Foton continued to top the list of domestic commercial vehicle sales with 173,100 units, ahead of second-placed Dongfeng Motor’s nearly 40,000 vehicles, and the industry’s leading position remained very solid. It is worth noting that the export of Foton Motor in the first quarter soared by 17.8%, and the contribution of overseas businesses to Foton Motors has gradually increased.
Affected by factors such as the industry cycle and the slowdown of China's industrialization, last year, the overall performance of commercial vehicle companies was poor, and it was the lowest in 20 years. However, Foton Motor still achieved a net profit of 1.353 billion yuan, a year-on-year increase of 17.43%, becoming a commercial vehicle industry. One of the few profitable growth companies. In the first quarter of this year, with the recovery of the commercial vehicle market, Foton’s leading edge further expanded, with sales of 27,437 heavy trucks in core products, an increase of 8.7% year-on-year, far exceeding industry growth, and the company’s overall market share reached 11.3%. It rose by 2.1% over the same period last year.
After continuously winning the championship of commercial vehicle sales in the world, Foton Motor began to devote more energy to the competition in the commercial vehicle market. Recently, when Foton’s new brand, “Futian Commercial Vehicle†was launched, hundreds of dealers gathered on behalf of overseas people who had deep skin and light, and invested 100 million US dollars in research and development of high-end commercial vehicles - the first class of the Mongolian Parker S. The listing will be exported to Saudi Arabia, Egypt, Chile, the Philippines, Nigeria, Peru, Iraq, Malaysia and other countries.
At present, the global industrial layout of Foton Motor has begun to take shape. In Japan, Germany and Taiwan and other countries and regions, Fukuda has research and development branches, exports of products in more than 90 countries and regions, the cumulative sales of 40,000 overseas vehicles last year, accounting for the total 6.5% of sales volume, especially the Auman Heavy Trucks joint venture production of Foton Daimler is becoming the main exporter.
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