FAW Jiefang Becomes Top-Selling Truck Brand in South Africa in 2024
5,000 units
18%
31.9%
What Happened
FAW South Africa, a division of FAW Group, achieved annual terminal sales of 5,000 units for the first time in 2024, representing a 31.9% increase year-over-year. This gave the Jiefang brand an 18% market share, ranking first in the South African truck market.
5,000units
Up 31.9% year-over-year; 18% market share
First Jiefang CA141 truck enters South Africa
FAW and China-Africa Development Fund invest, start construction of Coega plant
FAW Coega plant completed and operational
Jiefang brand becomes sales champion with 5,000 units
- South Africa
- Namibia
- Botswana
- Zimbabwe
- Zambia
- Mozambique
Why this matters
This milestone demonstrates FAW's successful expansion in Africa, making it a leading Chinese automaker in the region with a growing production and service network.
Terms in This Story
- FAW Jiefang
- The truck brand of FAW Group, a Chinese automaker.
- Belt and Road Initiative
- A global infrastructure development strategy by the Chinese government.
- China-Africa Development Fund
- A Chinese equity fund that invests in African projects.
- Terminal sales
- Sales to end customers, not including dealer inventory.
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