Foton Motor's sales volume picked up slightly in February


On the evening of March 12, Foton Motor released the sales and sales data bulletin for February. The output of Foton Motor continued to decline in the current month, but its sales volume picked up slightly. In February, the company achieved a total vehicle production of 65,100 units, a year-on-year decrease of 12.7%; total sales of 69,100 units, an increase of 4.2% year-on-year.

In terms of engine products, Audi's engine sales were 6,983 units, down 7.2% year-on-year; Foton's Cummins engine sales were 5,889 units, a year-on-year increase of 129.3%.

The company's main source of income for the truck business, in February the company sold 10,500 heavy trucks, down 13.9% year-on-year; and the company's main product light trucks rose trend, the monthly sales of 55,900, an increase of 11%.

The sales target set by the company in 2012 was: a total sales of 870,000 vehicles, an increase of 36% year-on-year; of which heavy truck sales were 130,000, an increase of 31% year-on-year; light trucks were 420,000, an increase of 4.4% year-on-year. Ping An Securities released its research report on February 29 that, in the current situation where the heavy truck and light truck industries have not shown signs of recovery, it is challenging for the company to achieve its 2012 sales target.

Futian Cummins ISF series light diesel engine has advantages in terms of power, torque, weight, size, fuel economy, noise, etc., compared with domestic engines of the same displacement. It is extremely competitive in the market and is the future high-end light trucks and light passengers. One of the preferred models. The company's Omar Light Bus is equipped with the Foton Cummins ISF series light-duty diesel engine, which is one of the representative models of high-end light trucks in China. The growth of the Foton Cummins Engine business and the company's high-end light passenger business helped increase the company's profitability.


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