In January 2024, the sales volume of the internal combustion engine industry decreased slightly month-on-month and increased year-on-year.
In addition, due to the low base of factors such as festivals and policy switching in the same period last year, the sales volume of internal combustion engines in January decreased slightly month-on-month and increased significantly year-on-year. The specific performance is: the sales volume of internal combustion engines in January was 392800,000 units, an increase of -076%, a year-on-year increase of 4566%。
In terms of terminals, the passenger car market continues to maintain a good momentum, commercial vehicles continue to recover, and the sales volume of agricultural machinery, engineering and other markets are still facing a more severe situation.
General overview of sales volume:
In January, the sales volume of internal combustion engines was 392800,000 units, an increase of -076%, a year-on-year increase of 4566%。The power is completed 24357760,000 kilowatts, a month-on-month increase of -879%, a year-on-year increase of -4720%。
By fuel type:
In January, among the major fuel categories, the sales volume of diesel engines increased month-on-month, with a year-on-year increase of more than 50%; Gasoline engine sales decreased slightly month-on-month, and the year-on-year increase also exceeded 40%. Specifically, compared with the previous month, diesel engines increased by 1241%, gasoline engine growth - 235%；Compared with the same period last year, diesel engines increased by 51 percent year-on-year93%, gasoline engine increased by 44% year-on-year73%。
In January, diesel internal combustion engine sales 47490,000 units (including 1 for passenger cars.)180,000 units, 18 for commercial vehicles300,000 units, 8 for construction machinery100,000 units, 15 for agricultural machinery930,000 units, 0490,000 units, 3320,000 units, 0070,000 units, 0120,000 units), gasoline internal combustion engine sales of 344970,000 units.
By Market Usage:
In January, among the comparable calibers of the market by application, all categories of applications except for passenger cars and commercial vehicles increased month-on-month. Specifically, the growth of passenger cars is -1636%, commercial vehicles increased by -380%, construction machinery with an increase of 1561%, with an increase of 3257%, marine growth of 1218%, with an increase of 1915%, with an increase of 4175% and 5% for motorcycles23%, and the growth of general machinery was 18747%。
Compared with the same period last year, all categories and uses increased year-on-year. Specifically, passenger cars increased by 4287%, and commercial vehicles increased by 6738%, construction machinery with an increase of 4073%, and agricultural machinery increased by 6234%, marine growth of 1565%, with an increase of 1845%, with an increase of 1965% and 46% for motorcycles69%, and the growth of general machinery with 10365%。
In January, sales for passenger cars were 154650,000 units, 22 for commercial vehicles590,000 units, 8 for construction machinery750,000 units, 50 for agricultural machinery490,000 units, 0490,000 units, 12 for generator sets640,000 units, 15 for garden machinery540,000 units, 125 for motorcycles100,000 units, 2 for general use550,000 units.
The main varieties are divided into uses according to single and multi-cylinders
Single-cylinder diesel engine
In January, the sales volume of single-cylinder diesel engine market increased month-on-month, and the year-on-year growth rate was larger. In January, single-cylinder diesel engine sales 9140,000 units, an increase of 1179%, a year-on-year increase of 4397%。Changfa and Changchai accounted for a relatively large proportion of sales. Among them, the single-cylinder diesel engine, which is mainly used in the field of agricultural machinery, sold 8100,000 units, an increase of 1288%, a year-on-year increase of 4142%。
Multi-cylinder diesel engine
The commercial vehicle market decreased month-on-month and increased year-on-year in January, and the sales volume of the multi-cylinder diesel engine market, which accounts for a large proportion of commercial vehicles, fluctuated simultaneously.
In January, multi-cylinder diesel engine enterprises sold a total of 38350,000 units, an increase of 1256%, a year-on-year increase of 5396%。Weichai, Yuchai, Yunnei, Quanchai, Jiefang Power, Dongkang, Jiangling, Xinchai, Fukang, and Shangchai ranked among the top 10 in sales, accounting for 79% of the total sales of multi-cylinder diesel engines57%；Market share: Weichai 1886%, Yuchai 1034%, Yunnei 966%, Quanchai 867%, liberation power 619%, Dongkang 602%, JMC 585%, Xinchai 577%, Fukang 441%, 382%。
In January, the sales volume of multi-cylinder diesel engines for commercial vehicles was 18300,000 units, an increase of 118%, an increase of 80 percent year-on-year27%。The top 10 sales are Weichai, Yunnei, Jiangling, Fukang, Yuchai, Jiefang Power, Dongkang, Quanchai, Shangchai, and Oukang Power, and its top 10 sales account for 93 percent of the total sales94%；Weichai occupies a leading position in the multi-cylinder diesel engine market for commercial vehicles, accounting for 1970%, 1237%, JMC 1226%, Fukang 923%, Yuchai 920%, liberation power 852%, Dongkang 693%, Quanchai 596%, Shangchai 493%, Ocom Power 485%。
In January, the sales volume of multi-cylinder diesel engines for construction machinery was 7970,000 units, an increase of 1571%, a year-on-year increase of 4028%。The top ten sales volume is Xinchai, Weichai, Quanchai, Yunnei, Yuchai, Dongkang, Caterpillar, Jiefang Power, Guangkang, and Shangchai, and its top ten sales account for 96 of its total sales55%。
Multi-cylinder gasoline engine
In the passenger car market, production and sales in January decreased month-on-month and increased year-on-year, and the sales of multi-cylinder gasoline engines in the main passenger car market also showed a convergence trend.
In January, the sales volume of multi-cylinder gasoline engines was 157710,000 units, an increase of -1647%, a year-on-year increase of 4244%。Among the 44 multi-cylinder gasoline engine companies, Chery, Geely, FAW-Volkswagen, Changan Automobile, BYD, Honeycomb Power, Dongfeng Co., Ltd., Guangfeng Engine, BMW Brilliance, and Shanghai Volkswagen ranked among the top in terms of powertrain sales. Among the companies with more sales, Chery, Geely, and Dongfeng Co., Ltd. sold more than 100% year-on-year.
The proportion of multi-cylinder gasoline engines used in passenger cars was 9731%, 153 sales in January470,000 units, an increase of -1634%, a year-on-year increase of 4313%。Chery, Geely, FAW-Volkswagen, Changan Automobile, BYD, Honeycomb Power, Dongfeng Co., Ltd., Guangfeng Engine, BMW Brilliance, and Shanghai Volkswagen powertrain sales ranked first.
Small gasoline engine
The industry is mainly engaged in import and export, which is obviously affected by the internal and external environment. In comparable caliber, the sales of small gasoline engines in January increased month-on-month and year-on-year significantly. In January, the sales volume of small gasoline engines was 80380,000 units, an increase of 2576%, a year-on-year increase of 5602%。The top five companies in terms of sales volume are Loncin, Runtong, Huasheng, Lifan Internal Combustion Engine, and Suzhou Shuangma.
Among the supporting agricultural machinery, the sales volume in January was 34570,000 units, an increase of 3330%, a year-on-year increase of 7477%。
Among the supporting garden machinery, the sales volume in January was 15470,000 units, an increase of 4228%, a year-on-year increase of 1926%。
*: Data from the Sino-domestic Association.