• time;2024-12-20 10:59:59

In November 2024, the sales volume of the internal combustion engine industry increased slightly month on month and year-on-year; The cumulative sales volume from January to November increased year-on-year, slightly expanding compared to the growth rate from January to October.

With the continuous manifestation of the cumulative effect of policies, various regions and enterprises continue to make efforts in promotional activities, coupled with the year-end sprint of enterprises, consumer demand continues to be released, market heat continues to rise, overall performance is good, and sales volume and cumulative year-on-year growth have expanded compared to last month. Specifically, the sales volume of internal combustion engines in November was 4.6299 million units, an increase of 12.53% month on month and 13.47% year-on-year; The cumulative sales volume from January to November was 43.0222 million units, a year-on-year increase of 5.50%. (Increased by 0.90 percentage points compared to the increase from January to October).

In terms of terminals, the performance of the passenger car market continues to strengthen, 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 November, sales of internal combustion engines reached 4.6299 million units, an increase of 12.53% month on month and 13.47% year-on-year; The power output reached 2911.723 million kilowatts, a month on month increase of 10.80% and a year-on-year increase of 1.16%.

The cumulative sales volume from January to November was 43.0222 million units, a year-on-year increase of 5.50%; The cumulative power has reached 2625487400 kilowatts, a year-on-year increase of -2.57%.

Classification of fuel types

In November, among the fuel categories, diesel engine sales increased month on month, decreased year-on-year, and accumulated year-on-year decline; 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 12.53% and gasoline engines increased by 12.52%; Compared with the same period last year, diesel engines increased by 5.51% year-on-year, and gasoline engines increased by 15.83% year-on-year; Compared with the same period last year, diesel engines increased by 3.94% year-on-year, and gasoline engines increased by 6.73% year-on-year.

In November, diesel internal combustion engines sold 414900 units (including 14400 units for passenger cars, 174000 units for commercial vehicles, 72400 units for construction machinery, 110600 units for agricultural machinery, 4700 units for ships, 37300 units for power generation, 700 units for landscaping, and 700 units for general use), and gasoline internal combustion engines sold 4.2132 million units. From January to November, the sales volume of diesel engines was 4.509 million units (including 147100 units for passenger cars, 1.7869 million units for commercial vehicles, 774800 units for construction machinery, 1.3608 million units for agricultural machinery, 51900 units for ships, 370400 units for power generation, 7900 units for landscaping, and 9300 units for general use), and the sales volume of gasoline internal combustion engines was 38.4779 million units.

Market usage by market

In November, in the comparable caliber of the segmented market, each category of usage increased month on month. Specifically, passenger car usage increased by 9.79%, commercial vehicle usage increased by 20.37%, construction machinery usage increased by 8.72%, agricultural machinery usage increased by 24.75%, marine usage increased by 11.53%, generator usage increased by 41.82%, garden machinery usage increased by 45.90%, motorcycle usage increased by 6.27%, and general machinery usage increased by 5.32%.

Compared with the same period last year, the use of commercial vehicles, construction machinery, and general machinery decreased year-on-year, while the use of other categories increased year-on-year. Specifically, passenger car usage increased by 7.89%, commercial vehicle usage increased by -16.83%, construction machinery usage increased by -5.59%, agricultural machinery usage increased by 41.90%, marine usage increased by 14.58%, generator set usage increased by 85.98%, garden machinery usage increased by 32.44%, motorcycle usage increased by 13.86%, and general machinery usage increased by -2.81%.

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 -0.20%, commercial vehicle usage increased by -11.03%, construction machinery usage increased by -5.16%, agricultural machinery usage increased by 30.18%, marine usage increased by -0.34%, generator set usage increased by 11.80%, garden machinery usage increased by -0.01%, motorcycle usage increased by 10.06%, and general machinery usage increased by 9.30%.

In November, sales of passenger cars were 2.0672 million units, commercial vehicles were 208800 units, construction machinery was 77100 units, agricultural machinery was 545400 units, ships were 4700 units, generators were 166700 units, garden machinery was 155600 units, motorcycles were 1.3865 million units, and general machinery was 17900 units.

From January to November, the cumulative sales of passenger cars reached 17.639 million units, commercial vehicles reached 2.1651 million units, construction machinery reached 83.3 million units, agricultural machinery reached 4.6667 million units, ships reached 51900 units, generator sets reached 1.4499 million units, garden machinery reached 1.3589 million units, motorcycles reached 14.6891 million units, and commercial machinery reached 167700 units.

Main varieties classified by single and multi cylinder usage

Single cylinder diesel engine

The sales volume of single cylinder diesel engines in November increased month on month and year-on-year, but accumulated year-on-year decline. In November, sales of single cylinder diesel engines reached 85300 units, a month on month increase of 7.27% and a year-on-year increase of 1.20%; The cumulative sales volume from January to November was 863500 units, a year-on-year increase of -4.14%. The top five companies in the ranking are: Changchai, Changfa, Kemir, Sifang, and Sanhuan.

Among them, the sales volume of single cylinder diesel engines mainly used in the field of agricultural machinery in November was 77300 units, an increase of 10.48% month on month and 2.12% year-on-year; The cumulative sales volume from January to November was 773400 units, a year-on-year increase of -3.89%.

multi-cylinder diesel engine

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

In November, multi cylinder diesel engine companies sold a total of 329600 units, a month on month increase of 13.98% and a year-on-year increase of -7.11%; The cumulative sales volume from January to November was 3.6455 million units, a year-on-year increase of -3.90%. Weichai, Yuchai, Yunnei, Jiangling, Quanchai, Xinchai, Dongkang, Jiefang Power, Fukang, and Shanghai New Power ranked among the top ten in sales, accounting for 77.05% of the total sales of multi cylinder diesel engines; Market share proportions: Weichai 19.00%, Yuchai 11.16%, Yunnei 8.49%, Jiangling 8.12%, Quanchai 7.40%, Xinchai 6.16%, Dongkang 4.91%, Jiefang Power 4.35%, Fukang 3.93%, Shanghai New Power 3.54%.

In November, the sales volume of multi cylinder diesel engines for commercial vehicles was 174000 units, a month on month increase of 19.18% and a year-on-year increase of -9.59%. The cumulative sales volume from January to November was 1.7869 million units, a year-on-year increase of -4.32%. The top ten sellers are Weichai, Jiangling, Yunnei, Yuchai, Fukang, Jiefang Power, Oukang Power, Jianghuai, Dongkang, and Quanchai, accounting for 89.81% of the total sales; Weichai holds a leading market share of 22.02% in the multi cylinder diesel engine market for commercial vehicles, followed by Jiangling 16.58% and Yunnei 9% 14%, Yuchai 8.50%, Fukang 8.02%, Jiefang Power 5.75%, Oukang 5.31%, Jianghuai 5.15%, Dongkang 4.80%, and Quanchai 4.55%.

In November, the sales volume of multi cylinder diesel engines for construction machinery was 71500 units, an increase of 11.25% month on month and a year-on-year increase of -4.77%; The cumulative sales volume from January to November was 763600 units, a year-on-year increase of -4.30%. The top ten sellers are New Diesel, Quanchai, Weichai, Yunnei, Yuchai, Caterpillar, Dongkang, Guangkang, Jiefang Power, and Shanghai New Power, accounting for 96.59% of their total sales.

Multi cylinder gasoline engine

The production and sales of passenger cars in November increased month on month, year-on-year, and cumulative year-on-year, and the sales of multi cylinder gasoline engines in the main supporting passenger car market also showed a similar trend.

In November, the sales of multi cylinder gasoline engines reached 2.089 million units, a month on month increase of 9.99% and a year-on-year increase of 6.73%; The cumulative sales volume from January to November was 17.862 million units, a year-on-year increase of -1.15%. Among 45 multi cylinder gasoline engine companies, BYD, Chery, Geely, FAW Volkswagen, Changan Automobile, Honeycomb Power, Guangfeng Engine, Beijing Benz, Xiaokang Power, and Dongfeng Co., Ltd. rank among the top in sales, accounting for 64.29% of the total sales. Among the companies with high sales volume, BYD, Chery, Geely Power, and Xiaokang Power have shown outstanding cumulative sales growth.

The proportion of passenger cars used in multi cylinder gasoline engines was 97.93%, with sales of 2.0529 million units in November, a month on month increase of 9.74% and a year-on-year increase of 8.03%; The cumulative sales volume from January to November was 17.4929 million units, a year-on-year increase of -0.10%. BYD, Chery, Geely, FAW Volkswagen, Changan Automobile, Honeycomb Power, Guangfeng Engine, Beijing Benz, Xiaokang Power, 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, the sales of small gasoline engines in November increased month on month, year-on-year, and cumulative year-on-year. In November, the sales of small gasoline engines reached 931300 units, a month on month increase of 29.12% and a year-on-year increase of 49.57%; The cumulative sales volume from January to November was 7.9881 million units, a year-on-year increase of 33.61%. 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 November was 434800 units, a month on month increase of 30.24% and a year-on-year increase of 65.77%. Accumulated sales from January to November were 3.306 million units, a year-on-year increase of 53.75%

In the field of supporting garden machinery, the sales volume in November was 154800 units, a month on month increase of 46.34% and a year-on-year increase of 32.81%; The cumulative sales volume from January to November was 1.351 million units, a year-on-year increase of -0.01%.