• time;2025-04-16 19:57:36

In March 2025, the overall sales volume of the internal combustion engine industry showed an increasing trend compared to the previous quarter, the same period last year, and the cumulative same period last year. The internal combustion engine industry started well in the first quarter.

Driven by multiple factors such as the "trade in" policy and the implementation of national subsidies, terminal consumption has increased, and the overall performance of the internal combustion engine market has been relatively stable. Sales have shown an increasing trend compared to the previous month, year on year, and cumulative year on year. Specifically, the sales volume of internal combustion engines in March was 4.8373 million units, a month on month increase of 34.67% and a year-on-year increase of 12.07%; The cumulative sales volume from January to March was 12.512 million units, a year-on-year increase of 14.51%.

In terms of terminals, the passenger car market continues to have a good trend, the commercial vehicle market shows a trend of recovery, and the sales situation of agricultural machinery, engineering and other markets remains severe.

Overall sales overview:

In March, sales of internal combustion engines reached 4.8373 million units, a month on month increase of 34.67% and a year-on-year increase of 12.07%; The power output reached 274.5881 million kilowatts, a month on month increase of 32.85% and a year-on-year increase of 0.63%.

The cumulative sales volume from January to March was 12.512 million units, a year-on-year increase of 14.51%; The cumulative power has reached 709.7595 million kilowatts, a year-on-year increase of 4.85%.

Classification of fuel types:

In March, sales of diesel engines and gasoline engines increased month on month, year-on-year, and cumulative year-on-year in the fuel category. Specifically, compared to the previous month, diesel engines increased by 31.83% and gasoline engines increased by 35.00%; Compared with the same period last year, diesel engines increased by 2.01% year-on-year, and gasoline engines increased by 13.42% year-on-year; Compared with the same period last year, diesel engines increased by 3.92% year-on-year, and gasoline engines increased by 15.90% year-on-year.

In March, diesel internal combustion engines sold 543900 units (including 17500 units for passenger cars, 208900 units for commercial vehicles, 95900 units for construction machinery, 173800 units for agricultural machinery, 5700 units for ships, 39400 units for power generation, 1100 units for landscaping, and 1500 units for general use), and gasoline engines sold 4.2846 million units. From January to March, the sales volume of diesel engines was 1.3685 million units (including 42000 units for passenger cars, 524500 units for commercial vehicles, 240400 units for construction machinery, 428100 units for agricultural machinery, 13500 units for ships, 114400 units for power generation, 2700 units for landscaping, and 2800 units for general use), and the sales volume of gasoline internal combustion engines was 11.1143 million units.

Market usage situation:

In March, in the comparable caliber of the segmented market, all segmented uses increased month on month. Specifically, passenger car usage increased by 32.77%, commercial vehicle usage increased by 27.11%, construction machinery usage increased by 33.50%, agricultural machinery usage increased by 22.26%, marine usage increased by 26.79%, generator usage increased by 70.69%, garden machinery usage increased by 27.81%, motorcycle usage increased by 39.34%, and general machinery usage increased by 85.58%.

Compared with the same period last year, all other classified uses, except for passenger cars, commercial vehicles, and general-purpose vehicles, increased year-on-year. Specifically, passenger car usage increased by -0.28%, commercial vehicle usage increased by -0.26%, construction machinery usage increased by 0.88%, agricultural machinery usage increased by 13.74%, marine usage increased by 1.98%, generator usage increased by 50.26%, garden machinery usage increased by 36.26%, motorcycle usage increased by 24.16%, and general machinery usage increased by -12.49%.

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 6.88%, commercial vehicle usage increased by -0.20%, construction machinery usage increased by 4.54%, agricultural machinery usage increased by 16.76%, marine usage increased by -6.80%, generator usage increased by 40.63%, garden machinery usage increased by 24.66%, motorcycle usage increased by 23.02%, and general machinery usage increased by -19.53%.

In March, sales of passenger cars reached 1.7614 million units, commercial vehicles reached 2.638 million units, construction machinery reached 10.11 million units, agricultural machinery reached 53.63 million units, ships reached 0.57 million units, generators reached 21.01 million units, garden machinery reached 186000 units, motorcycles reached 1.7615 million units, and general machinery reached 11500 units.

From January to March, a total of 4.5774 million units were sold for passenger cars, 672700 units for commercial vehicles, 252700 units for construction machinery, 1.4822 million units for agricultural machinery, 13500 units for ships, 481800 units for generator sets, 489600 units for garden machinery, 4.4942 million units for motorcycles, and 37100 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 March increased month on month, year-on-year, and cumulative year-on-year. In March, sales of single cylinder diesel engines reached 100600 units, a month on month increase of 43.35% and a year-on-year increase of 15.30%; The cumulative sales volume from January to March was 244400 units, a year-on-year increase of 9.69%. The top five companies in the ranking are: Changchai, Changfa, Sifang, Sanhuan, and Kemer.

Among them, the sales volume of single cylinder diesel engines mainly used in the field of agricultural machinery in March was 89500 units, an increase of 41.75% month on month and 12.15% year-on-year; The cumulative sales volume from January to March was 216900 units, a year-on-year increase of 7.64%.

multi-cylinder diesel engine

The commercial vehicle market is showing a trend of recovery, with sales increasing month on month and decreasing year on year in March, leading to a convergence and fluctuation in sales of multi cylinder diesel engines, which account for a large proportion of commercial vehicles.

In March, multi cylinder diesel engine companies sold a total of 443300 units, a month on month increase of 29.46% and a year-on-year increase of -0.59%; The cumulative sales volume from January to March was 1.1241 million units, a year-on-year increase of 2.75%. Weichai, Yuchai, Quanchai, Yunnei, Xinchai, Dongkang, Jiefang Power, Yituo (including Yangdong), Jiangling, and New Power Technology ranked among the top ten in sales, accounting for 76.98% of the total sales of multi cylinder diesel engines; In terms of market share, Weichai holds 18.96%, Yuchai 12.97%, Quanchai 9.11%, Yunnei 8.29%, Xinchai 6.31%, Dongkang 5.00%, Jiefang Power 4.23%, Yituo 4.19%, Jiangling 4.15%, and New Power Technology 3.77%.

In March, sales of multi cylinder diesel engines for commercial vehicles reached 208900 units, a month on month increase of 27.83% and a year-on-year increase of -1.56%; The cumulative sales volume from January to March was 524500 units, a year-on-year increase of -0.25%. The top ten sellers are Weichai, Yuchai, Yunnei, Jiangling, Fukang, Jiefang Power, Quanchai, Jianghuai, Dongkang, and New Power Technology, accounting for 88.93% of the total sales; Weichai holds a leading market share of 23.09%, Yuchai 11.92%, Yunnei 10.26%, Jiangling 8.88%, Fukang 7.94%, Jiefang Power 6.41%, Quanchai 6.25%, Jianghuai 5.35%, Dongkang 4.74%, and New Power Technology 4.09% in the commercial vehicle multi cylinder diesel engine market.

In March, the sales volume of multi cylinder diesel engines for construction machinery was 94500 units, a month on month increase of 32.09% and a year-on-year increase of -0.63%; The cumulative sales volume from January to March was 236500 units, a year-on-year increase of 5.31%. The top ten sellers are New Diesel, Quanchai, Weichai, Yunnei, Yuchai, Dongkang, Caterpillar, Guangkang, New Power Technology, and Jiefang Power, accounting for 96.08% of their total sales.

Multi cylinder gasoline engine

The production and sales of passenger cars in March 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 March, the sales of multi cylinder gasoline engines reached 1.7932 million units, a month on month increase of 32.34% and a year-on-year increase of -0.36%; The cumulative sales volume from January to March was 4.6739 million units, a year-on-year increase of 6.35%. Among 44 multi cylinder gasoline engine companies, BYD, Chery, Geely, FAW Volkswagen, Changan Automobile, Honeycomb Power, Xiaokang Power, Shangtong Wuling, Guangfeng Engine, and Beijing Benz rank among the top in sales, accounting for 64.55% 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 97.04%, with sales of 1.7438 million units in March, a month on month increase of 32.68% and a year-on-year increase of -0.40%; The cumulative sales volume from January to March was 4.5354 million units, a year-on-year increase of 6.68%. BYD, Chery, Geely, FAW Volkswagen, Changan Automobile, Honeycomb Power, Xiaokang Power, Shangtong Wuling, Guangfeng Engine, and Guangfeng Engine 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 in March. In March, the sales of small gasoline engines reached 994800 units, a month on month increase of 32.50% and a year-on-year increase of 38.40%; The cumulative sales volume from January to March was 2.5975 million units, a year-on-year increase of 29.25%. The top five companies in terms of sales are Runtong, Longxin, Huasheng, Lifan Internal Combustion Engine, and United Power.

In terms of supporting agricultural machinery, the sales volume in March was 362500 units, a month on month increase of 14.88% and a year-on-year increase of 20.34%; The cumulative sales volume from January to March was 1.0541 million units, a year-on-year increase of 25.18%.

In the field of supporting garden machinery, the sales volume in March was 184900 units, a month on month increase of 27.61% and a year-on-year increase of 36.70%; The cumulative sales volume from January to March was 486900 units, a year-on-year increase of 24.60%.

Article source: Reprinted from Zhongneixie Data