The first four months of 2024 saw a remarkable surge in imported bus sales, with a staggering 91.9% increase compared to the same period in 2023.

Specifically, 919 buses were sold during this timeframe, a significant rise from the approximately 479 buses sold in the corresponding period of the previous year.

In contrast, sales of locally assembled buses experienced a notable decline during the same period in 2024, amounting to 973 buses sold.

This marks a sharp decrease from the 2.1 thousand buses sold in the first four months of 2023, representing a decline of 55.2%, as reported by the Automotive Market Information Council (AMIC).

Among the brands, “Toyota” emerged as the frontrunner in total bus sales during the first four months of 2024, commanding a substantial market share of 48.4% and selling approximately 916 buses.

Following closely, the “Chevrolet” brand secured the second position with a market share of about 22.4%, achieving sales of 405 buses.

In third place, the “King Long” brand captured a notable market share of 10.5%, selling around 198 buses. Meanwhile, the “Golden Dragon” brand slipped to fourth place with an 8% market share, selling 151 buses.

The “Suzuki” brand rounded out the top five with a 4.4% market share and sales of 83 buses.

Further down the list, the “MCV/Mercedes” brand claimed the sixth position with a market share of 2.5% and sales of 48 buses. “Mitsubishi” ascended to seventh place with a market share of about 2%, recording sales of 37 buses, while the “Foton” brand occupied the eighth spot with sales of 34 buses.

Despite the surge in imported bus sales, the overall bus market experienced a downturn, with total sales decreasing by approximately 28.7% to 1.8 thousand buses in the first four months of 2024, compared to around 2.6 thousand buses during the same period in the previous year.