According to the latest data from China Bus Statistical Information Network, in January 2024, the 27 bus companies it focuses on (excluding the data of unreported enterprises) sold a total of 6,774 buses above 6 meters, a year-on-year increase of 992%。
So, which companies are the main force in the brilliant results in January 2024?
In January 2023, the sales volume of passenger cars above 6 meters will be 3,419, a year-on-year decrease of 348%。In January 2024, the performance of buses above 6 meters has nearly doubled compared with the same period last year. However, from the overall environment, January's "good start" for the bus market is expected. On the one hand, the epidemic will begin to subside in 2023, and domestic and foreign demand will recover, which will pave the way for performance growth at the beginning of 2024. On the other hand, 2024 is already the second year that China's epidemic control has been completely relaxed, and the tourism market continues to heat up and maintain a strong growth trend, which also brings an outbreak to the performance in January 2024.
From the perspective of enterprises, in January 2024, the top ten companies in the sales list of buses above 6 meters are Yutong Bus, Zhongtong Bus, Suzhou King Long, King Long Bus, Golden Passenger Car, Ankai Bus, BYD, Foton Ouhui, Sunwin Bus, and Yaxing Bus. Among them, Yutong bus, which ranked first, sold 2,568 vehicles, a year-on-year increase of 1530%, with a market share of up to 379%, its performance surpassed the sum of sales of the second and fourth places, and it was the only company in the top 10 with a performance of more than 2,500 pairs. It can be seen that Yutong Bus is still the leader in the industry.
The second place in the bus sales, 853, a year-on-year increase of 8149% with a market share of 1259%。The sales volume of Suzhou King Long (Higer Bus) in the third place was 786 units, a year-on-year increase of 32258% with a market share of 1160%。The fourth place King Long bus, sales of 471 units, a year-on-year increase of 10841% with a market share of 695%。These three companies have more than 400 vehicles, although they are far from the first place, but they are also the main force in the top ten. Six companies, including Golden Passenger Car, Ankai Bus, BYD, Foton Ouhui, Sunwin Bus and Yaxing Bus, have sales of less than 400 vehicles.
In terms of specific growth, among the top ten enterprises, Yutong Bus, Zhongtong Bus, Suzhou King Long, King Long Bus, Ankai Bus, BYD, Sunwin Bus, Yaxing Bus and other 8 companies have achieved **. Among them, the highest year-on-year increase is Sunwin bus, as high as 19000%, mainly due to its low base in the same period last year. In addition to this company, there are 5 other companies that have increased by more than 1 time. Overall, in January 2024, the performance of most companies has increased significantly, which shows that the development of the bus market is relatively optimistic.
The overall performance in January 2024 and the performance of various companies have boosted market confidence. Of course, the development trend of the bus field in 2024 cannot be based on the results in January. The overall market development should continue to observe changes in the economic environment and other factors.