Market Shares of Zhongtong Bus Increase in Jan.-Jun.2011

15 August 2011

www.chinabuses.org: Based the report announced by Zhongtong Bus on 9th August, the accumulated sales volume of this bus builder come to 4420 units, year-on-year growth of 13.0% and the operation income reaches 1.11 billion Yuan, year-on-year growth of 22.4%. According to the data from China Automobile Association, the market shares of Zhongtong buses are 5.03% in the large-sized bus market in the last half of 2011, 1.27 percentage up; 2.50% in the midibus market, 0.41 percentage up, showing increasing competitive advantages in the these markets.


In the last half of 2011, the overseas sales of Zhongtong Bus grow in significant, with the sales revenue of 310 million Yuan, year-on-year growth of 87.2%, contributing a lot to the overall growth of 23.3% of this builder (770 million Yuan for the domestic market, year-on-year growth of 7.0%). Zhongtong Bus further opens the overseas market and promotes dealership, developing sales network as well as service network, setting up four offices and has exported 929 buses & coaches, year-on-year growth of 155.0 %.

Source : www.chinabuses.org

Editor : Andrea

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Tags: Zhongtong Bus Market Shares large-sized bus

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