Light Buses Sell Down, but Allure

China's light bus industry has entered a fallow period this year after its hot sales last year, yet Xiamen Kinglong United Automotive Industry Corporation says it's entering the market now. Kinglong recently announced that a light bus production base with an annual production capacity of 60,000 units has been put into production and sales orders are being accepted. Total investment is up to 280 million Yuan.

According to industry analysts, after the last year’s boom, sales of domestic light buses began to decrease this year. Meanwhile, the implementation of the China III emission standards, soaring raw material costs and global financial crunch enhanced the sales slump.

Statistics from China Association of Automobile Manufacturers says that 230,707 light buses sold in total at last year. It is a big cake. Who can win this cake? Market will give the answers.

Related China Bus News

• Zhongtong Electric City Buses Enable Portugal to Move Closer Towards Zero-Emission Transport 02-27
• Vietnam Warmly Welcomes 207 Units Golden Dragon City Buses on its Road 02-26
• 1,022 Zhongtong Buses to Arrive in Saudi Arabia for Operation 02-22
• 400 Units Foton AUV School Buses Start Operation in Beijing 02-22
• Zhongtong Bus Sales Jump by 81.49% in January,2024 02-20
• Ankai Embraces 2024 by Delivering G9 Buses to Saudi Arabia for Operation 02-19
• Zhongtong Electric Buses Provide Smooth Transportation Services for Africa Cup of Nations 2023 02-18
• Ankai Bus & Coach Sales Up by 169.33% Year on Year in 2023 02-18
• Golden Dragon Bus Overseas Sales Reached a New Record High in 2023 02-05
• 120 Units Zhongtong Electric City Buses to Start Providing Greener Transportation Services in Singapore 01-30
• Higer Overseas Sales Revenue Grew by 70.59% to Reach a New Record High 01-30