The imported bus market loses 61.2% of its sales within 10 months
The imported bus market loses 61.2% of its sales within 10 months
The Automotive Market Information Council (AMIC) report monitored a sharp decline in imported bus sales during the past 10 months of the current year. 1.7 buses were sold, compared to about 4.5 thousand buses, in the comparative period of 2022, a decrease of 61.2%.
Sales of locally assembled buses also declined during the aforementioned period, recording 4.9 thousand buses, compared to 10.10 thousand buses in the corresponding period of last year, a decline of 50.6%.
The brand “Suzuki” was acquired by
It had the largest share of bus sales during the past 10 months of this year, with a rate of about 24.7%, selling about 1.6 thousand cars, while “Toyota” came in second place with a market share of about 21.6% after it was able to sell more than 1.4 thousand cars.
The King Long brand came in third place
With a market share of 18.9%, with a total of about 1.2 thousand cars sold, the “Chevrolet” brand fell to fourth place with a market share of about 15.2% of the bus market, selling more than 1,000 cars, followed by the “Golden Dragon” brand in fifth place with a market share of about 8.4%, i.e. Sales of 565 cars.
In sixth place came the brand “Foton”.
With a market share of 4.2%, with a total of 283 cars sold, the “Mitsubishi” brand rose to seventh place with a market share of about 3.1%, recording sales of about 209 cars.
It acquired the “MCV/Mercedes” brand.
It ranked eighth with a market share of 2.3%, selling 156 cars, and the Hyundai brand came in ninth place after selling 73 cars.
The brand “Volvo” was replaced
In tenth place with sales of 37 cars, on the list of best-selling buses during the past 10 months of this year.
Total bus sales also witnessed a noticeable decline to more than 6.7 thousand buses during the same period, compared to 14.6 thousand buses during 2022, a decrease of 53.9%.