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Foton Motor's vehicle sales down 18.98% in Apr

May. 14, 2012 (China Knowledge) - Beiqi Foton Motor Co Ltd<600166>, China's largest commercial vehicle producer in China, has said that its auto sales fell 18.98% year on year to 58,600 units in April this year.

Last month, the company's sales of medium- and heavy-duty trucks plunged 38.46% year on year to 8,863 units, and its sales of light-duty trucks dropped 19.69% to 46,900 units.

In the first four months of this year, the company's vehicle sales dropped 6.2% year on year to 235,000 units, including 34,100 medium- and heavy-duty trucks and 190,100 light-duty trucks, representing year-on-year decrease of 25.7% and 0.7% from the same period of last year, respectively.

However, the company saw its sales of Foton Cummins engines surge 87.2% year on year to 24,300 units in the four-month period.

Foton Motor aims to increase its vehicle sales by 36% year on year to 870,000 units this year.






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