• time;2024-10-24 11:03:29

In September 2024, the sales volume of the internal combustion engine industry increased slightly month on month and year-on-year, and the cumulative sales volume from January to September increased year-on-year, with a slight increase compared to the growth rate from January to August.

With the update of equipment and the increase in support and subsidies for the policy of exchanging old for new consumer goods, the demand for stock market exchange has been further released. The "Golden Nine" effect continues to emerge, and the overall market performance is strong. The year-on-year and cumulative year-on-year growth rates of sales have expanded compared to the previous month. Specifically, the sales volume of internal combustion engines in September was 4.1843 million units, a month on month increase of 10.67% and a year-on-year increase of 6.40%; The cumulative sales volume from January to September was 34.2787 million units, a year-on-year increase of 4.25%. (Increased by 0.28 percentage points compared to the increase from January to August).

In terms of terminals, the passenger car market continues to maintain a good momentum, while the performance of commercial vehicles is relatively weak. The sales situation of agricultural machinery, engineering and other markets is still relatively severe.

Overall Sales Overview

In September, sales of internal combustion engines reached 4.1843 million units, a month on month increase of 10.67% and a year-on-year increase of 6.40%; The power output reached 255.3628 million kilowatts, a month on month increase of 10.02% and a year-on-year increase of -8.39%.

The cumulative sales volume from January to September was 34.2787 million units, a year-on-year increase of 4.25%; The cumulative power has reached 2071.5648 million kilowatts, a year-on-year increase of -2.77%.

Classification of fuel types

In September, within the fuel category, diesel engine sales increased month on month, but both year-on-year and cumulative year-on-year decreased; The sales of gasoline engines have increased month on month, year-on-year, and cumulative year-on-year. Specifically, compared to the previous month, diesel engines increased by 6.15% and gasoline engines increased by 11.24%; Compared with the same period last year, diesel engines increased by 7.37% year-on-year, while gasoline engines increased by 8.16% year-on-year; Compared with the same period last year, diesel engines increased by -2.76% year-on-year, and gasoline engines increased by 5.15% year-on-year.

In September, diesel internal combustion engines sold 385900 units (including 12400 units for passenger cars, 143300 units for commercial vehicles, 72500 units for construction machinery, 112700 units for agricultural machinery, 4600 units for ships, 38300 units for power generation, 1200 units for landscaping, and 900 units for general use), and gasoline internal combustion engines sold 3.7969 million units. From January to September, the sales volume of diesel engines was 3.7255 million units (including 120500 units for passenger cars, 1.4669 million units for commercial vehicles, 636600 units for construction machinery, 1.1468 million units for agricultural machinery, 43000 units for ships, 297500 units for power generation, 6200 units for landscaping, and 7900 units for general use), and the sales volume of gasoline internal combustion engines was 30.5212 million units.

Market usage by market

In September, in the comparable caliber of the segmented market, the use of marine and garden machinery decreased month on month, while other classified uses increased month on month. Specifically, passenger car usage increased by 14.85%, commercial vehicle usage increased by 3.62%, construction machinery usage increased by 21.99%, agricultural machinery usage increased by 16.50%, marine usage increased by -11.10%, generator usage increased by 9.85%, garden machinery usage increased by -6.59%, motorcycle usage increased by 5.91%, and general machinery usage increased by 41.49%.

Compared with the same period last year, the use of passenger cars and commercial vehicles decreased year-on-year, while the use of other categories increased year-on-year. Specifically, passenger car usage increased by -4.09%, commercial vehicle usage increased by -24.82%, construction machinery usage increased by 1.11%, agricultural machinery usage increased by 56.52%, marine machinery usage increased by 27.25%, generator set usage increased by 54.64%, garden machinery usage increased by 8.45%, motorcycle usage increased by 12.32%, and general machinery usage increased by 83.87%.

Compared with the previous year, all other classified uses except for agricultural machinery, power generation, motorcycles, and general machinery showed negative growth. Specifically, passenger car usage increased by -1.70%, commercial vehicle usage increased by -7.66%, construction machinery usage increased by -4.81%, agricultural machinery usage increased by 26.82%, marine usage increased by -4.25%, generator set usage increased by 4.25%, garden machinery usage increased by -4.64%, motorcycle usage increased by 9.48%, and general machinery usage increased by 6.07%.

In September, sales of passenger cars were 1.7925 million units, commercial vehicles were 176400 units, construction machinery was 77600 units, agricultural machinery was 452000 units, ships were 4600 units, generators were 147700 units, garden machinery was 111700 units, motorcycles were 1.4083 million units, and general machinery was 13600 units.

From January to September, a total of 13.69 million units were sold for passenger cars, 1.7829 million units for commercial vehicles, 685000 units for construction machinery, 3.6841 million units for agricultural machinery, 43000 units for ships, 1.1656 million units for generator sets, 1.0967 million units for garden machinery, 11.9986 million units for motorcycles, and 132700 units for commercial use.

Main varieties classified by single and multi cylinder usage

Single cylinder diesel engine

The sales volume of single cylinder diesel engines in September increased month on month and year-on-year, but accumulated year-on-year decline. In September, sales of 76100 single cylinder diesel engines increased by 14.24% month on month and 9.10% year-on-year; The cumulative sales volume from January to September was 698600 units, a year-on-year increase of -5.28%. The top five companies in the ranking are: Changchai, Changfa, Kemir, Sanhuan, and Sifang.

Among them, the sales of single cylinder diesel engines mainly used in the field of agricultural machinery reached 66300 units in September, an increase of 11.91% month on month and 4.06% year-on-year; The cumulative sales volume from January to September was 626100 units, a year-on-year increase of 4.68%.

multi-cylinder diesel engine

The commercial vehicle market saw a month on month growth in September, a year-on-year decline, and a cumulative year-on-year decline, resulting in a similar fluctuation in sales of multi cylinder diesel engines, which account for a large proportion of commercial vehicles.

In September, multi cylinder diesel engine companies sold a total of 309800 units, a month on month increase of 4.34% and a year-on-year increase of -10.69%; The cumulative sales volume from January to September was 3.0268 million units, a year-on-year increase of -2.16%. Weichai, Yuchai, Yunnei, Jiangling, Quanchai, Xinchai, Dongkang, Jiefang Power, Fukang, and Shanghai New Power ranked among the top ten in sales, accounting for 76.75% of the total sales of multi cylinder diesel engines; Market share: Weichai 18.65%, Yuchai 11.30%, Yunnei 8.74%, Jiangling 7.68%, Quanchai 7.55%, Xinchai 6.22%, Dongkang 4.88%, Jiefang Power 4.32%, Fukang 3.92%, Shanghai New Power 3.49%.

In September, the sales volume of multi cylinder diesel engines for commercial vehicles was 143300 units, a month on month increase of -0.96% and a year-on-year increase of -21.83%. The cumulative sales volume from January to September was 1.4669 million units, a year-on-year increase of -0.66%. The top ten sellers are Weichai, Jiangling, Yunnei, Yuchai, Fukang, Jiefang Power, Oukang Power, Jianghuai, Dongkang, and Quanchai, accounting for 89.91% of the total sales; Weichai holds a leading market share of 21.71%, Jiangling 15.86%, Yunnei 9.73%, Yuchai 8.63%, Fukang 8.08%, Jiefang Power 5.69%, Oukang 5.37%, Jianghuai 5.30%, Dongkang 5.01%, and Quanchai 4.54% in the commercial vehicle multi cylinder diesel engine market.

In September, sales of multi cylinder diesel engines for construction machinery reached 71200 units, an increase of 23.80% month on month and 0.01% year-on-year; The cumulative sales volume from January to September was 627900 units, a year-on-year increase of -3.81%. The top ten sellers are New Diesel, Quanchai, Weichai, Yunnei, Yuchai, Caterpillar, Dongkang, Guangkang, Jiefang Power, and Shanghai New Power, accounting for 96.67% of their total sales.

Multi cylinder gasoline engine

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

In September, sales of multi cylinder gasoline engines reached 1.8141 million units, a month on month increase of 15.38% and a year-on-year increase of -4.56%; The cumulative sales volume from January to September was 13.874 million units, a year-on-year increase of -2.62%. Among 45 multi cylinder gasoline engine companies, Chery, BYD, Geely, FAW Volkswagen, Changan Automobile, Honeycomb Power, Beijing Benz, Guangfeng Engine, Xiaokang Power, and Shangtong Wuling rank among the top in sales, accounting for 63.57% of the total sales. Among the companies with high sales volume, Chery, BYD, Geely Power, and Xiaokang Power have shown outstanding cumulative sales growth.

The proportion of passenger cars used in multi cylinder gasoline engines was 97.81%, with sales of 1.7802 million units in September, a month on month increase of 14.99% and a year-on-year increase of -3.90%; The cumulative sales volume from January to September was 13.5695 million units, a year-on-year increase of -1.63%. Chery, BYD, Geely, FAW Volkswagen, Changan Automobile, Honeycomb Power, Beijing Benz, Guangfeng Engine, Xiaokang Power, and Shangtong Wuling 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 increased month on month, year-on-year and cumulative year-on-year growth in September. In September, sales of small gasoline engines reached 790200 units, an increase of 9.47% month on month and 58.34% year-on-year; The cumulative sales volume from January to September was 6.3356 million units, a year-on-year increase of 30.42%. 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 September was 339300 units, a month on month increase of 19.61% and a year-on-year increase of 93.75%. Accumulated sales from January to September were 2.5373 million units, a year-on-year increase of 49.25%

In the field of supporting garden machinery, sales in September were 110400 units, a month on month increase of -7.13% and a year-on-year increase of 7.71%; The cumulative sales volume from January to September was 1.0904 million units, a year-on-year increase of 4.64%.