Industry Data | Overview of Internal Combustion Engine Industry Sales in January 2025

In January 2025, the overall sales volume of the internal combustion engine industry slightly decreased compared to the previous month, but remained relatively stable compared to the same period last year.

Due to the intensified penetration of new energy products, as well as the reduction of effective working days during holidays and the "trade in" policy, the overall performance of the internal combustion engine market remained relatively stable in January, with sales decreasing month on month and basically unchanged year-on-year. Specifically, the sales volume of internal combustion engines in January was 4.0814 million units, a month on month increase of -13.15% and a year-on-year increase of -0.20%. In terms of terminals, the passenger car market continues to strengthen, the demand for commercial vehicles is low, and the sales situation in agricultural machinery, engineering and other markets remains severe.

Overall Sales OverviewIn January, sales of internal combustion engines reached 4.0814 million units, a month on month increase of -13.15% and a year-on-year increase of -0.20%; The power output reached 229.755 million kilowatts, a month on month increase of -22.03% and a year-on-year increase of -6.27%.

Classification of fuel typesIn January, diesel engine sales increased month on month and decreased year-on-year in the fuel category; The sales of gasoline engines have decreased month on month and increased year-on-year. Specifically, compared to the previous month, diesel engines increased by 0.79% and gasoline engines increased by -14.51%; Compared with the same period last year, diesel engines increased by -12.83% year-on-year, and gasoline engines increased by 1.44% year-on-year. In January, diesel internal combustion engines sold 412100 units (including 12200 units for passenger cars, 152200 units for commercial vehicles, 72000 units for construction machinery, 131200 units for agricultural machinery, 3400 units for ships, 39400 units for power generation, 1000 units for landscaping, and 800 units for general use), and gasoline engines sold 3.6655 million units.

Market usage situation:In January, in the comparable caliber of the segmented market, except for the month on month growth of construction machinery, garden machinery, and motorcycle use, the other segmented uses decreased month on month. Specifically, passenger car usage increased by 29.17%, commercial vehicle usage increased by 4.34%, construction machinery usage increased by 3.06%, agricultural machinery usage increased by -7.94%, marine usage increased by -36.20%, generator set usage increased by -12.49%, garden machinery usage increased by 4.31%, motorcycle usage increased by 5.07%, and general machinery usage increased by -6.55%. Compared with the same period last year, the use of agricultural machinery, generator sets, garden machinery, and motorcycles increased year-on-year, while other classified uses decreased year-on-year. Specifically, passenger car usage increased by -2.63%, commercial vehicle usage increased by -15.37%, construction machinery usage increased by -13.31%, agricultural machinery usage increased by 0.74%, marine usage increased by -31.01%, generator set usage increased by 17.59%, garden machinery usage increased by 1.74%, motorcycle usage increased by 4.26%, and general machinery usage increased by -24.12%. In January, sales of passenger cars reached 1.5054 million units, commercial vehicles reached 20.14 million units, construction machinery reached 75800 units, agricultural machinery reached 50.73 million units, ships reached 0.34 million units, generators reached 148600 units, garden machinery reached 158100 units, motorcycles reached 1.462 million units, and general machinery reached 19400 units. host

To classify the varieties according to single and multi cylinder usage:
Single cylinder diesel engineThe sales volume of single cylinder diesel engines in January decreased both month on month and year-on-year growth. In January, sales of single cylinder diesel engines reached 73600 units, a month on month increase of -15.75% and a year-on-year increase of -18.21%. The top five companies in the ranking are: Changchai, Changfa, Sanhuan, Lifan, and Kemir. Among them, the sales volume of single cylinder diesel engines mainly used in the field of agricultural machinery in January was 64200 units, an increase of -14.87% month on month and -19.32% year-on-year.
multi-cylinder diesel engineThe low demand in the commercial vehicle market has led to a decrease in sales in January compared to the previous month and year on year, resulting in a similar fluctuation in sales in the multi cylinder diesel engine market where commercial vehicles account for a large proportion. In January, multi cylinder diesel engine companies sold a total of 338400 units, a month on month increase of 5.28% and a year-on-year increase of -11.56%. Weichai, Yuchai, Quanchai, Yunnei, Yituo (including Yangdong), Dongkang, Xinchai, Fukang, Shanghai New Power, and Honeycomb Power ranked among the top ten in sales, accounting for 76.97% of the total sales of multi cylinder diesel engines; Market share proportions: Weichai 22.14%, Yuchai 12.49%, Quanchai 9.07%, Yunnei 5.96%, Yituo 5.92%, Dongkang 4.73%, Xinchai 4.69%, Fukang 4.34%, Shanghai New Power 4.05%, and Honeycomb Power 3.60%. In January, the sales volume of multi cylinder diesel engines for commercial vehicles was 152200 units, a month on month increase of -1.04% and a year-on-year increase of -17.39%. The top ten sellers are Weichai, Yuchai, Fukang, Yunnei, Jiangling, Quanchai, Jianghuai, Jiefang Power, Oukang Power, and Shanghai New Power, accounting for 89.38% of the total sales; Weichai holds a leading market share of 24.53% in the multi cylinder diesel engine market for commercial vehicles, followed by Yuchai at 12.17%, Fukang at 9.65%, Yunnei at 8.00%, Jiangling at 7.83%, Quanchai at 6.61%, Jianghuai at 6.45%, Jiefang Power at 4.94%, Oukang at 4.68%, and Shanghai New Power at 4.52%. In January, sales of multi cylinder diesel engines for construction machinery reached 70500 units, an increase of 4.42% month on month and -11.55% year-on-year. The top ten sellers are Weichai, Xinchai, Quanchai, Yuchai, Dongkang, Yunnei, Caterpillar, Guangkang, Shanghai New Power, and Yituo (including Yangdong), accounting for 96.75% of their total sales.
Multi cylinder gasoline engineThe passenger car market saw a month on month decline in production and sales in January, but a year-on-year increase. As a result, the sales of multi cylinder gasoline engines in the main supporting passenger car market also showed a similar trend. In January, the sales of multi cylinder gasoline engines reached 1.5417 million units, a month on month increase of -28.93% and a year-on-year increase of -3.01%. Among 44 multi cylinder gasoline engine companies, BYD, Chery, Geely, FAW Volkswagen, Changan Automobile, Honeycomb Power, Shanghai Volkswagen Powertrain, Guangfeng Engine, Mianyang Xinchen, and Beijing Benz rank among the top in terms of sales, accounting for 66.81% of the total sales. Among the companies with high sales volume, BYD, Chery, Shanghai Volkswagen Powertrain, and Mianyang Xinchen have shown outstanding sales growth. The proportion of passenger cars used in multi cylinder gasoline engines was 96.85%, with sales of 1.4932 million units in January, a month on month increase of -29.30% and a year-on-year increase of -2.81%. BYD, Chery, Geely, FAW Volkswagen, Changan Automobile, Honeycomb Power, Shanghai Volkswagen Powertrain, Guangfeng Engine, Mianyang Xinchen, and Beijing Benz are among the top sellers.
Small gasoline engineThe 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 and increased year-on-year in January. In January, the sales of small gasoline engines were 851800 units, an increase of -12.81% month on month and 5.97% year-on-year. The top five companies in terms of sales are Longxin, Runtong, Huasheng, Lifan Internal Combustion Engine, and Ningbo Daye. In terms of supporting agricultural machinery, the sales volume in January was 376100 units, a month on month increase of -11.18% and a year-on-year increase of 8.79%. In the field of supporting garden machinery, sales in January were 157100 units, a month on month increase of 4.33% and a year-on-year increase of 1.55%.