• time;2025-03-17 17:01:10

In February 2025, the overall sales volume of the internal combustion engine industry slightly decreased compared to the previous month, but showed an upward trend both year-on-year and cumulative year-on-year, laying a solid foundation for a good start to the first quarter.

Due to multiple factors such as intensified penetration of new energy products, fewer effective working days, the "trade in" policy, and the implementation of national subsidies, the overall performance of the internal combustion engine market has been relatively stable, with sales declining month on month, increasing year-on-year and cumulative year-on-year. Specifically, the sales volume of internal combustion engines in February was 3.4719 million units, a month on month increase of -13.34% and a year-on-year increase of 38.32%; The cumulative sales volume from January to February was 7.485 million units, a year-on-year increase of 13.98% (an increase of 5.91 percentage points compared to the same period).

In terms of terminals, the passenger car market continues to strengthen, the commercial vehicle market has rebounded, and the sales situation in agricultural machinery, engineering and other markets remains severe.

Overall Sales Overview：

In February, sales of internal combustion engines reached 3.4719 million units, a month on month increase of -13.34% and a year-on-year increase of 38.32%; The power output reached 197.264 million kilowatts, a month on month increase of -11.89% and a year-on-year increase of 23.14%.

The cumulative sales volume from January to February was 7.485 million units, a year-on-year increase of 13.98%; The cumulative power has reached 421.1493 million kilowatts, a year-on-year increase of 4.23%.

Classification of fuel types：

In February, among the fuel categories, diesel engine sales increased month on month, year-on-year, and cumulative year-on-year; The sales volume of gasoline engines decreased month on month, but increased year-on-year and cumulative year-on-year. Specifically, compared to the previous month, diesel engines increased by 0.11% and gasoline engines increased by -14.96%; Compared with the same period last year, diesel engines increased by 32.63% year-on-year, and gasoline engines increased by 38.63% year-on-year; Compared with the same period last year, diesel engines increased by 5.21% year-on-year, and gasoline engines increased by 14.42% year-on-year..

In February, diesel internal combustion engines sold 412500 units (including 12300 units for passenger cars, 163400 units for commercial vehicles, 72500 units for construction machinery, 123100 units for agricultural machinery, 4500 units for ships, 35600 units for power generation, 600 units for landscaping, and 600 units for general use), and gasoline engines sold 3.0537 million units. From January to February, the sales volume of diesel engines was 824600 units (including 24500 units for passenger cars, 315500 units for commercial vehicles, 144500 units for construction machinery, 254300 units for agricultural machinery, 7800 units for ships, 75000 units for power generation, 1600 units for landscaping, and 1300 units for general use), and the sales volume of gasoline internal combustion engines was 6.6509 million units.

Market usage situation:

In February, in the comparable caliber of the segmented market, except for the month on month growth of commercial vehicles and ships, the other classified uses decreased month on month. Specifically, passenger car usage increased by -15.66%, commercial vehicle usage increased by 2.99%, construction machinery usage increased by -0.11%, agricultural machinery usage increased by -13.53%, marine usage increased by 32.31%, generator usage increased by -17.17%, garden machinery usage increased by -7.94%, motorcycle usage increased by -13.53%, and general machinery usage increased by -67.96%.

Compared with the same period last year, all other classified uses, except for general use, increased year-on-year. Specifically, passenger car usage increased by 24.32%, commercial vehicle usage increased by 20.88%, construction machinery usage increased by 40.23%, agricultural machinery usage increased by 49.02%, marine usage increased by 10.43%, generator usage increased by 61.12%, garden machinery usage increased by 44.25%, motorcycle usage increased by 52.17%, and general machinery usage increased by -16.22%.

Compared with the previous year, all other classified uses except for commercial vehicles, ships, and general machinery have shown positive growth. Specifically, passenger car usage increased by 4.79%, commercial vehicle usage increased by -0.18%, construction machinery usage increased by 7.13%, agricultural machinery usage increased by 18.55%, marine usage increased by -12.26%, generator usage increased by 33.99%, garden machinery usage increased by 18.48%, motorcycle usage increased by 22.26%, and general machinery usage increased by -22.34%.

In February, 1.2066 million units were sold for passenger cars, 207400 units for commercial vehicles, 75700 units for construction machinery, 438600 units for agricultural machinery, 4500 units for ships, 123100 units for generator sets, 145500 units for garden machinery, 1.2642 million units for motorcycles, and 6200 units for general use.

From January to February, a total of 2.6372 million units were sold for passenger cars, 408900 units for commercial vehicles, 151600 units for construction machinery, 945900 units for agricultural machinery, 7800 units for ships, 271700 units for generator sets, 303600 units for garden machinery, 2.73282 million units for motorcycles, and 25600 units for general use.

Main varieties classified by single and multi cylinder usage:

Single cylinder diesel engine

The sales volume of single cylinder diesel engines in February decreased compared to the previous month, but increased both year-on-year and cumulative year-on-year. In February, sales of single cylinder diesel engines reached 70200 units, a month on month increase of 4.69% and a year-on-year increase of 54.08%; The cumulative sales volume from January to February was 143800 units, a year-on-year increase of 6.08%. The top five companies in the ranking are: Changchai, Changfa, Sanhuan, Kemir, and Sifang.

Among them, the sales volume of single cylinder diesel engines mainly used in the field of agricultural machinery in February was 63100 units, a month on month increase of -1.67% and a year-on-year increase of 50.05%; The cumulative sales volume from January to February was 127400 units, a year-on-year increase of 4.68%.

multi-cylinder diesel engine

The demand for commercial vehicles in the market is low, and sales in February increased both month on month and year-on-year, leading to a convergence and fluctuation in sales of multi cylinder diesel engines, which account for a large proportion of commercial vehicles.

In February, multi cylinder diesel engine companies sold a total of 342300 units, a month on month increase of 1.15% and a year-on-year increase of 28.95%; The cumulative sales volume from January to February was 680700 units, a year-on-year increase of 5.03%. Weichai, Yuchai, Quanchai, Yunnei, Xinchai, Dongkang, Yituo (including Yangdong), Jiefang Power, Fukang, and New Power Technology ranked among the top ten in sales, accounting for 76.97% of the total sales of multi cylinder diesel engines; Market share: Weichai 19.83%, Yuchai 13.27%, Quanchai 9.00%, Yunnei 7.73%, Xinchai 5.51%, Dongkang 5.20%, Yituo 4.73%, Jiefang Power 4.27%, Fukang 3.90%, New Power Technology 3.89%.

In February, the sales of multi cylinder diesel engines for commercial vehicles reached 163400 units, a month on month increase of 7.36% and a year-on-year increase of 26.22%; The cumulative sales volume from January to February was 315500 units, a year-on-year increase of 0.60%. The top ten in sales are Weichai, Yuchai, Yunnei, Fukang, Jiangling, Jiefang Power, Quanchai, Jianghuai, Dongkang, and Oukang Power, with the top ten accounting for 89.28% of total sales; Weichai holds a leading market share of 23.03%, Yuchai 12.14%, Yunnei 10.04%, Fukang 8.42%, Jiangling 8.22%, Jiefang Power 6.46%, Quanchai 6.38%, Jianghuai 5.50%, Dongkang 4.63%, and Oukang 4.47% in the commercial vehicle multi cylinder diesel engine market.

In February, sales of multi cylinder diesel engines for construction machinery reached 71500 units, an increase of 1.49% month on month and 43.65% year-on-year; The cumulative sales volume from January to February was 142000 units, a year-on-year increase of 9.68%. The top ten sellers are Xinchai, Quanchai, Weichai, Yuchai, Yunnei, Dongkang, Caterpillar, Guangkang, New Power Technology, and Yituo (including Yangdong), accounting for 96.13% of their total sales.

Multi cylinder gasoline engine

The passenger car market saw a month on month decline in production and sales in February, 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 February, the sales of multi cylinder gasoline engines reached 1.2349 million units, a month on month increase of -15.82% and a year-on-year increase of 22.84%; The cumulative sales volume from January to February was 2.7019 million units, a year-on-year increase of 4.12%. Among 44 multi cylinder gasoline engine companies, BYD, Geely, FAW Volkswagen, Changan Automobile, Honeycomb Power, Chery, Xiaokang Power, Shangtong Wuling, Guangfeng Engine, and Shanghai Volkswagen Powertrain rank among the top in terms of sales, accounting for 62.91% of the total sales. Among the companies with high sales, BYD, Geely, Xiaokang Power, and Shangtong Wuling have shown outstanding growth in sales.

The proportion of passenger cars used in multi cylinder gasoline engines was 96.70%, with sales of 1.1943 million units in February, a month on month increase of -15.80% and a year-on-year increase of 23.90%; The cumulative sales volume from January to February was 2.6127 million units, a year-on-year increase of 4.50%. BYD, Geely, FAW Volkswagen, Changan Automobile, Honeycomb Power, Chery, Xiaokang Power, Shangtong Wuling, Guangfeng Engine, and Shanghai Volkswagen Power rank among the top in 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, sales of small gasoline engines decreased month on month in February, but both year-on-year and cumulative year-on-year growth were observed. In February, the sales of small gasoline engines reached 750800 units, a month on month increase of -11.86% and a year-on-year increase of 54.16%; The cumulative sales volume from January to February was 1.6026 million units, a year-on-year increase of 24.15%. The top five companies in terms of sales are Longxin, Runtong, Huasheng, Lifan Internal Combustion Engine, and United Power.

In terms of supporting agricultural machinery, the sales volume in February was 315500 units, a month on month increase of -16.10% and a year-on-year increase of 61.70%; The cumulative sales volume from January to February was 691600 units, a year-on-year increase of 27.88%.

In the field of supporting garden machinery, sales in February were 144900 units, a month on month increase of -7.78% and a year-on-year increase of 43.75%; The cumulative sales volume from January to February was 302000 units, a year-on-year increase of 18.20%.