• time;2024-03-19 12:21:22

Due to the fact that holidays last year and this year are in different months, it is difficult to compare monthly data and cannot reflect the real situation. Therefore, we mainly look at the cumulative situation from January to February.

This year's Spring Festival falls in February, with fewer effective working days. Some demand was released before the holiday, resulting in a decrease in sales of internal combustion engines in February compared to the previous month and year, but a cumulative year-on-year increase. Specifically, the sales volume of internal combustion engines in February was 2.5431 million units, a month on month increase of -37.81% and a year-on-year increase of -27.08%; The cumulative sales volume from January to February was 6.6349 million units, a year-on-year increase of 7.47%.

In terms of terminals, the passenger car market continues to maintain a good momentum, while commercial vehicles continue to slowly recover. Sales in markets such as agricultural machinery and engineering still face a relatively severe situation.

Overall Sales Overview

In February, sales of internal combustion engines reached 2.5431 million units, a month on month increase of -37.81% and a year-on-year increase of -27.08%; The power output reached 161.1239 million kilowatts, a month on month increase of -34.27% and a year-on-year increase of -27.66%.

The cumulative sales volume from January to February was 6.6349 million units, a year-on-year increase of 7.47%; The cumulative power has reached 406.2538 million kilowatts, a year-on-year increase of 5.15%.

Classification of fuel types

In February, within the fuel category, sales of diesel and gasoline engines both decreased month on month and year-on-year, while cumulative sales increased year-on-year. Specifically, compared to the previous month, diesel engines increased by -33.74% and gasoline engines increased by -38.36%; Compared with the same period last year, diesel engines increased by -33.56% year-on-year, and gasoline engines increased by -26.06% year-on-year; Compared with the same period last year, diesel engines increased by 1.15% year-on-year, and gasoline engines increased by 8.36% year-on-year.

In February, diesel internal combustion engines sold 320400 units (including 8700 units for passenger cars, 136800 units for commercial vehicles, 50100 units for construction machinery, 99200 units for agricultural machinery, 4000 units for ships, 20700 units for power generation, 100 units for landscaping, and 900 units for general use), and gasoline internal combustion engines sold 2.2207 million units. From January to February, the sales volume of diesel engines was 804000 units (including 20400 units for passenger cars, 329900 units for commercial vehicles, 131000 units for construction machinery, 257100 units for agricultural machinery, 8900 units for ships, 53900 units for power generation, 700 units for landscaping, and 2100 units for general use), and the sales volume of gasoline internal combustion engines was 5.8255 million units.

Market usage by market

In February, in the comparable caliber of the segmented market, all categorized uses showed a month on month decline. Specifically, passenger car usage increased by -34.96%, commercial vehicle usage increased by -28.67%, construction machinery usage increased by -38.25%, agricultural machinery usage increased by -41.54%, marine usage increased by -17.28%, generator set usage increased by -39.55%, garden machinery usage increased by -35.07%, motorcycle usage increased by -40.76%, and general machinery usage increased by -70.98%.

Compared with the same period last year, all categories of usage have decreased year-on-year. Specifically, passenger car usage increased by -27.44%, commercial vehicle usage increased by -26.06%, construction machinery usage increased by -42.91%, agricultural machinery usage increased by -26.02%, marine usage increased by -34.13%, generator set usage increased by -44.34%, garden machinery usage increased by -27.99%, motorcycle usage increased by -23.12%, and general machinery usage increased by -52.39%.

Compared with the previous year, all other classified uses except for engineering, marine, power generation, and landscaping have shown positive growth. Specifically, passenger car usage increased by 3.84%, commercial vehicle usage increased by 11.50%, construction machinery usage increased by -9.74%, agricultural machinery usage increased by 12.55%, marine usage increased by -13.83%, generator usage increased by -16.87%, garden machinery usage increased by -5.07%, motorcycle usage increased by 15.69%, and general machinery usage increased by 17.23%.

In February, sales of passenger cars reached 1.0069 million units, commercial vehicles reached 168300 units, construction machinery reached 54000 units, agricultural machinery reached 294400 units, ships reached 4000 units, generators reached 76400 units, garden machinery reached 100900 units, motorcycles reached 830800 units, and general machinery reached 7400 units.

From January to February, a total of 2.5551 million units were sold for passenger cars, 404300 units for commercial vehicles, 141500 units for construction machinery, 797900 units for agricultural machinery, 8900 units for ships, 202800 units for generator sets, 256200 units for garden machinery, 2235200 units for motorcycles, and 32900 units for general use.

The main varieties are sorted by orderMulti cylinder application situation

Single cylinder diesel engine

In February, the sales volume of single cylinder diesel engines in the market decreased both month on month and year-on-year, with a slight decrease in cumulative year-on-year sales. In February, single cylinder diesel engines sold 45500 units, a month on month increase of -49.41% and a year-on-year increase of -50.57%; The cumulative sales volume from January to February was 135600 units, a year-on-year increase of -12.90%. The top five companies in the ranking are: Changchai, Changfa, Sanhuan, Laidong, and Jinfeiyu.

Among them, the sales volume of single cylinder diesel engines mainly used in the field of agricultural machinery in February was 42100 units, a month on month increase of -47.12% and a year-on-year increase of 46.83%; The cumulative sales volume from January to February was 121700 units, a year-on-year increase of -10.82%.

multi-cylinder diesel engine

The commercial vehicle market experienced a month on month and year-on-year decline in February, with cumulative sales continuing to show an upward trend, leading to synchronous fluctuations in sales in the multi cylinder diesel engine market where commercial vehicles make up a larger proportion.

In February, multi cylinder diesel engine companies sold a total of 274900 units, a month on month increase of -30.16% and a year-on-year increase of -29.54%; The cumulative sales volume from January to February was 668400 units, a year-on-year increase of 4.58%. Weichai, Yuchai, Yunnei, Quanchai, Jiangling, Xinchai, Dongkang, Jiefang Power, Fukang, and Shanghai New Power ranked among the top ten in sales, accounting for 77.11% of the total sales of multi cylinder diesel engines; Market share: Weichai 19.07%, Yuchai 10.79%, Yunnei 8.79%, Quanchai 7.98%, Jiangling 6.38%, Xinchai 5.63%, Dongkang 5.49%, Jiefang Power 5.37%, Fukang 4.31%, Shanghai New Power 3.31%.

In February, the sales volume of multi cylinder diesel engines for commercial vehicles was 136800 units, a month on month increase of -29.15% and a year-on-year increase of -23.92%. The cumulative sales volume from January to February was 329900 units, a year-on-year increase of 17.27%. The top ten in sales are Weichai, Jiangling, Yunnei, Fukang, Yuchai, Jiefang Power, Dongkang, Jianghuai, Quanchai, and Oukang Power, with the top ten accounting for 90.31% of total sales; Weichai holds a leading market share of 21.33% in the commercial vehicle multi cylinder diesel engine market, followed by Jiangling 12.92%, Yunnei 10.75%, Fukang 8.73%, Yuchai 8.57%, Jiefang Power 7.31%, Dongkang 5.61%, Jianghuai 5.46%, Quanchai 5.08%, and Oukang 4.54%.

In February, the sales volume of multi cylinder diesel engines for construction machinery was 49800 units, a month on month increase of -37.51% and a year-on-year increase of 42.30%; The cumulative sales volume from January to February was 129500 units, a year-on-year increase of 9.52%. The top ten sellers are New Diesel, Weichai, Quanchai, Yuchai, Yunnei, Dongkang, Caterpillar, Guangkang, Shanghai New Power, and Jiefang Power, accounting for 97.08% of their total sales.

Multi cylinder gasoline engine

The passenger car market saw a month on month and year-on-year decline in production and sales in February, with cumulative sales increasing year-on-year. As a result, the sales of multi cylinder gasoline engines in the main supporting passenger car market also showed a similar trend.

In February, the sales of multi cylinder gasoline engines reached 1.029 million units, a month on month increase of -34.82% and a year-on-year increase of -27.65%; The cumulative sales volume from January to February was 2.6078 million units, a year-on-year increase of 3.48%. Among 45 multi cylinder gasoline engine companies, Chery, Geely, FAW Volkswagen, Changan Automobile, BYD, Honeycomb Power, Dongfeng Co., Ltd., Guangfeng Engine, Shangtong Wuling, and Huachen BMW rank among the top in terms of sales, accounting for 61.64% of the total sales. Among the companies with high sales volume, Chery, Geely, and Honeycomb Power have shown outstanding cumulative sales growth.

The proportion of passenger cars used in multi cylinder gasoline engines was 97.20%, with sales of 998300 units in February, a month on month increase of -35.02% and a year-on-year increase of -27.32%; The cumulative sales volume from January to February was 2.5347 million units, a year-on-year increase of 4.05%. Chery, Geely, FAW Volkswagen, Changan Automobile, BYD, Honeycomb Power, Dongfeng Co., Ltd., Guangfeng Engine, Shangtong Wuling, and Brilliance BMW rank among the top sellers in terms of sales.

Small gasoline engine

The industry mainly engages in import and export trade, which is significantly affected by internal and external environmental factors. In comparable caliber, the sales volume of small gasoline engines in February decreased slightly both month on month and year-on-year, with a slight increase in cumulative year-on-year growth. In February, the sales of small gasoline engines reached 487000 units, a month on month increase of 39.41% and a year-on-year increase of -23.46%; The cumulative sales volume from January to February was 1.2909 million units, a year-on-year increase of 12.10%. The top five companies in terms of sales are Longxin, Runtong, Huasheng, Lifan Internal Combustion Engine, and Suzhou Shuangma.

In terms of supporting agricultural machinery, the sales volume in February was 195100 units, a month on month increase of -43.55% and a year-on-year increase of -20.29%. The cumulative sales volume from January to February was 540800 units, a year-on-year increase of 22.19%

In the field of supporting garden machinery, sales in February were 100800 units, a month on month increase of -34.85% and a year-on-year increase of -27.61%; The cumulative sales volume from January to February was 255500 units, a year-on-year increase of -5.00%.