CHINESE BRANDS ARE EXPANDING THEIR TRUCK DEALER AND SERVICE NETWORK

According to the NAPI, in Q II 2023, the number of truck sales points decreased by 184 units on Q II last year. Such a sharp decline was mainly due to the departure of European brands. Chinese automakers have increased the number of their sales points, first of all, these were FAW, SITRAK, FOTON, and JAC. As a result, 311 dealers sell Chinese trucks in Q II 2023. The number of service centers increased by 37 units also due to the Chinese brands. Following results of Q II 2023, 392 service centers are engaged in maintenance of Chinese trucks.