• time;2024-05-21 11:27:24

In April 2024, the sales volume of the internal combustion engine industry decreased compared to the previous month, but increased year-on-year. The cumulative sales volume from January to April also increased year-on-year.

In April, driven by equipment updates and the policy of exchanging old for new consumer goods, various regions actively responded; Enterprises in various industries have successively introduced promotional and preferential measures, and the performance of the internal combustion engine market in April was relatively stable, with a slight increase in sales year-on-year and cumulative year-on-year. Specifically, the sales volume of internal combustion engines in April was 3.9818 million units, a month on month increase of -7.75% and a year-on-year increase of 9.39%; The cumulative sales volume from January to April was 14.899 million units, a year-on-year increase of 6.19%. (Increased by 1.1 percentage points compared to the increase from January to March)

In terms of terminals, the passenger car market continues to maintain a good momentum, commercial vehicles continue to slowly recover, and the sales situation in agricultural machinery, engineering and other markets remains relatively severe.

Overall Sales Overview

In April, sales of internal combustion engines reached 3.9818 million units, a month on month increase of -7.75% and a year-on-year increase of 9.39%; The power output reached 239.2909 million kilowatts, a month on month increase of -12.31% and a year-on-year increase of 12.70%.

The cumulative sales volume from January to April was 14.899 million units, a year-on-year increase of 6.19%; The cumulative power has reached 916.2099 million kilowatts, a year-on-year increase of 5.59%.

Classification of fuel types

In April, among the fuel categories, diesel engine sales decreased month on month, year-on-year, and cumulative year-on-year, while gasoline engine sales decreased month on month but increased year-on-year and cumulative year-on-year. Specifically, compared to the previous month, diesel engines increased by -14.29% and gasoline engines increased by -6.80%; Compared with the same period last year, diesel engines increased by -2.52% year-on-year, and gasoline engines increased by 11.09% year-on-year; Compared with the same period last year, diesel engines increased by -3.66% year-on-year, and gasoline engines increased by 7.64% year-on-year.

In April, diesel internal combustion engines sold 466500 units (including 14300 units for passenger cars, 186200 units for commercial vehicles, 80900 units for construction machinery, 145800 units for agricultural machinery, 5200 units for ships, 31900 units for power generation, 900 units for landscaping, and 1400 units for general use), and gasoline internal combustion engines sold 3.5101 million units. From January to April, the sales volume of diesel engines was 1.8148 million units (including 53300 units for passenger cars, 736200 units for commercial vehicles, 307500 units for construction machinery, 573200 units for agricultural machinery, 19700 units for ships, 117900 units for power generation, 2900 units for landscaping, and 4100 units for general use), and the sales volume of gasoline internal combustion engines was 13.0679 million units.

Market usage by market

In April, in the comparable caliber of the segmented market, except for the month on month growth of power generation, motorcycle use, and general use, all other classified uses decreased month on month. Specifically, passenger car usage increased by -11.47%, commercial vehicle usage increased by -15.90%, construction machinery usage increased by -11.76%, agricultural machinery usage increased by -18.63%, marine usage increased by -6.53%, generator set usage increased by 2.22%, garden machinery usage increased by -2.90%, motorcycle usage increased by 0.27%, and general machinery usage increased by 53.20%.

Compared with the same period last year, commercial vehicle use, marine use, power generation use, and landscaping use decreased year-on-year, while other classified uses increased year-on-year. Specifically, passenger car usage increased by 17.42%, commercial vehicle usage increased by -5.41%, construction machinery usage increased by 3.56%, agricultural machinery usage increased by 12.09%, marine usage increased by -5.99%, generator set usage increased by -4.85%, garden machinery usage increased by -9.48%, motorcycle usage increased by 7.37%, and general machinery usage increased by 7.81%.

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 6.88%, commercial vehicle usage increased by 0.33%, construction machinery usage increased by -8.89%, agricultural machinery usage increased by 8.96%, marine usage increased by -18.18%, generator usage increased by -9.87%, garden machinery usage increased by -12.10%, motorcycle usage increased by 11.14%, and general machinery usage increased by 8.50%.

In April, sales of passenger cars were 1.5666 million units, commercial vehicles were 219700 units, construction machinery was 88500 units, agricultural machinery was 383600 units, ships were 5200 units, generator sets were 142900 units, garden machinery was 132500 units, motorcycles were 1.4226 million units, and general machinery was 20200 units.

From January to April, the cumulative sales of passenger cars were 5.8567 million units, commercial vehicles were 886600 units, construction machinery was 330200 units, agricultural machinery was 1.653 million units, ships were 19700 units, generator sets were 485500 units, garden machinery was 525300 units, motorcycles were 5.0757 million units, and general machinery was 66200 units.

The main varieties are sorted by order

Multi cylinder application situation

Single cylinder diesel engine

The sales volume of single cylinder diesel engines in April increased month on month, but both year-on-year and cumulative year-on-year decreased. In April, single cylinder diesel engines sold 88400 units, a month on month increase of 1.35% and a year-on-year increase of -8.46%; The cumulative sales volume from January to April was 311300 units, a year-on-year increase of -14.33%. The top five companies in the ranking are: Changchai, Changfa, Sanhuan, Laidong, and Kemer.

Among them, the sales volume of single cylinder diesel engines mainly used in the field of agricultural machinery in April was 80500 units, an increase of 0.85% month on month and a year-on-year increase of -5.10%; The cumulative sales volume from January to April was 282000 units, a year-on-year increase of -11.97%.

multi-cylinder diesel engine

The commercial vehicle market experienced a month on month decline in April, with year-on-year and cumulative year-on-year growth, leading to a convergence and fluctuation in sales of multi cylinder diesel engines, which account for a large proportion of commercial vehicles.

In April, multi cylinder diesel engine companies sold a total of 378100 units, a month on month increase of -17.28% and a year-on-year increase of -1.02%; The cumulative sales volume from January to April was 1.5036 million units, a year-on-year increase of -1.11%. Weichai, Yuchai, Yunnei, Quanchai, Jiangling, Xinchai, Jiefang Power, Dongkang, Fukang, and Shanghai New Power ranked among the top ten in sales, accounting for 77.14% of the total sales of multi cylinder diesel engines; Market share: Weichai 18.52%, Yuchai 11.17%, Yunnei 8.98%, Quanchai 8.25%, Jiangling 6.76%, Xinchai 6.24%, Jiefang Power 4.97%, Dongkang 4.80%, Fukang 3.94%, Shanghai New Power 3.51%.

In April, the sales volume of multi cylinder diesel engines for commercial vehicles was 186200 units, a month on month increase of -15.46% and a year-on-year increase of 5.19%. The cumulative sales volume from January to April was 736200 units, a year-on-year increase of 7.82%. The top ten sellers are Weichai, Jiangling, Yunnei, Yuchai, Fukang, Jiefang Power, Jianghuai, Dongkang, Quanchai, and Oukang Power, with their top ten sales accounting for 89.96% of the total sales; Weichai holds a leading market share of 22.27% in the multi cylinder diesel engine market for commercial vehicles, followed by Jiangling Motors at 13.80%, Yunnei at 10.26%, Yuchai at 9.00%, Fukang at 8.05%, Jiefang Power at 6.63%, Jianghuai at 5.22%, Dongkang at 5.22%, Quanchai at 4.99%, and Oukang at 4.51%.

In April, the sales volume of multi cylinder diesel engines for construction machinery was 80300 units, a month on month increase of -15.52% and a year-on-year increase of 5.38%; The cumulative sales volume from January to April was 304800 units, a year-on-year increase of -7.72%. The top ten sellers are New Diesel, Quanchai, Weichai, Yunnei, Yuchai, Dongkang, Caterpillar, Guangkang, Jiefang Power, and Shanghai New Power, with the top ten accounting for 97.02% of their total sales.

Multi cylinder gasoline engine

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

In April, the sales of multi cylinder gasoline engines reached 1.5832 million units, a month on month increase of -11.48% and a year-on-year increase of 15.20%; The cumulative sales volume from January to April was 5.9465 million units, a year-on-year increase of 5.71%. Among 45 multi cylinder gasoline engine companies, Chery, FAW Volkswagen, BYD, Geely, Changan Automobile, Honeycomb Power, Beijing Benz, Shangtong Wuling, Guangfeng Engine, and Dongfeng Co., Ltd. rank among the top in terms of sales, accounting for 61.98% of the total sales. Among the companies with high sales volume, Chery, BYD, Geely, and Honeycomb Power have shown outstanding cumulative sales growth.

The proportion of passenger cars used in multi cylinder gasoline engines was 97.59%, with sales of 1.5522 million units in April, a month on month increase of -11.35% and a year-on-year increase of 17.84%; The cumulative sales volume from January to April was 5.8034 million units, a year-on-year increase of 7.08%. Chery, FAW Volkswagen, BYD, Geely, Changan Automobile, Honeycomb Power, Beijing Benz, Shangtong Wuling, Guangfeng Engine, and Dongfeng Limited are among the top sellers.

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, sales of small gasoline engines decreased month on month in April, but increased year-on-year and cumulatively. In April, sales of small gasoline engines reached 701000 units, a month on month increase of -2.48% and a year-on-year increase of 21.55%; The cumulative sales volume from January to April was 2.71067 million units, a year-on-year increase of 10.83%. The top five companies in terms of sales are Runtong, Longxin, Huasheng, Lifan Internal Combustion Engine, and Suzhou Shuangma.

In terms of supporting agricultural machinery, the sales volume in April was 237900 units, a month on month increase of -21.03% and a year-on-year increase of 32.36%. Accumulated sales from January to April were 1.0799 million units, a year-on-year increase of 22.14%

In the field of supporting garden machinery, the sales volume in April was 131600 units, a month on month increase of -2.70% and a year-on-year increase of -9.66%; The cumulative sales volume from January to April was 522400 units, a year-on-year increase of -12.21%.