two thousand and twenty-fiveIn September of this year, the sales of complete engines in the internal combustion engine industry increased both month on month and year on year; The cumulative sales volume in the first 9 months increased by over 15% compared to the same period last year.

Recently, the Ministry of Industry and Information Technology and eight other departments jointly issued the "Work Plan for Stable Growth of the Machinery Industry (2025-2026)", proposing to exert efforts from both the supply and demand sides, coordinate multiple parties to stimulate industry growth vitality, promote high-quality development of the machinery industry, and support the stable operation of the industrial economy.

With the continuous manifestation of the effects of various macro policies, the policy of exchanging old for new consumer goods continues to be strengthened, consumer loans are subsidized by the government, and the industry is comprehensively rectified, the market competition order continues to be optimized, the potential for domestic demand is accelerated, the external demand market is more diversified, social consumption is recovering and improving, and terminal market sales are increasing month by month. Specifically, the sales volume of internal combustion engines in September was 5.069 million units, a month on month increase of 13.97% and a year-on-year increase of 21.14%; The cumulative sales volume from January to September was 39.6696 million units, a year-on-year increase of 15.73%.

In terms of terminals, the passenger car market continues to have a good trend, while the motorcycle market shows significant growth momentum; The power generation and landscaping markets continue to grow; The sales of commercial vehicles, agricultural machinery, engineering and other markets have recovered slowly.

Overall Sales Overview：

In September, the sales of internal combustion engines reached 5.069 million units, a month on month increase of 13.97% and a year-on-year increase of 21.14%; The power output reached 305.2332 million kilowatts, a month on month increase of 15.47% and a year-on-year increase of 19.53%.

The cumulative sales volume from January to September was 39.6696 million units, a year-on-year increase of 15.73%; The cumulative power has reached 2286.7557 million kilowatts, a year-on-year increase of 10.39%.

Classification of fuel types：

In September, sales of diesel 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 13.25% and gasoline engines increased by 14.00%; Compared with the same period last year, diesel engines increased by 12.45% year-on-year, and gasoline engines increased by 21.83% year-on-year; Compared with the same period last year, diesel engines increased by 5.39% year-on-year, and gasoline engines increased by 16.90% year-on-year.

In September, diesel internal combustion engines sold 421800 units (including 16400 units for passenger cars, 170400 units for commercial vehicles, 73200 units for construction machinery, 115000 units for agricultural machinery, 5800 units for ships, 40000 units for power generation, 500 units for landscaping, and 600 units for general use), and gasoline engines sold 4.6389 million units. From January to September, the sales volume of diesel engines was 3.8264 million units (including 127800 units for passenger cars, 1.4845 million units for commercial vehicles, 644200 units for construction machinery, 1.1459 million units for agricultural machinery, 49500 units for ships, 360900 units for power generation, 5400 units for landscaping, and 8200 units for general use), and the sales volume of gasoline internal combustion engines was 35.7885 million units.

Market usage situation:

In September, in the comparable caliber of the segmented market, all other uses except for garden machinery increased month on month. Specifically, passenger car usage increased by 17.24%, commercial vehicle usage increased by 16.31%, construction machinery usage increased by 26.96%, agricultural machinery usage increased by 28.76%, marine usage increased by 4.27%, generator usage increased by 38.90%, garden machinery usage increased by -3.80%, motorcycle usage increased by 5.85%, and general machinery usage increased by 29.10%.

Compared with the same period last year, the usage of each category increased year-on-year. Specifically, passenger car usage increased by 17.11%, commercial vehicle usage increased by 31.89%, construction machinery usage increased by 2.47%, agricultural machinery usage increased by 11.74%, marine usage increased by 26.33%, generator usage increased by 19.23%, garden machinery usage increased by 12.43%, motorcycle usage increased by 29.46%, and general machinery usage increased by 58.59%.

Compared with the cumulative increase of the previous year, all other classified uses except for construction machinery have shown positive growth. Specifically, passenger car usage increased by 11.51%, commercial vehicle usage increased by 9.72%, construction machinery usage increased by -0.10%, agricultural machinery usage increased by 8.16%, marine usage increased by 15.07%, generator set usage increased by 17.34%, garden machinery usage increased by 13.64%, motorcycle usage increased by 24.76%, and general machinery usage increased by 10.23%.

In September, sales of passenger cars reached 2.0966 million units, commercial vehicles reached 235700 units, construction machinery reached 79500 units, agricultural machinery reached 505000 units, ships reached 5800 units, generator sets reached 176100 units, garden machinery reached 125500 units, motorcycles reached 1.8232 million units, and general machinery reached 21600 units.

From January to September, a total of 15.2428 million units were sold for passenger cars, 1.9789 million units for commercial vehicles, 684400 units for construction machinery, 3.9846 million units for agricultural machinery, 49500 units for ships, 1.3677 million units for generator sets, 1.2463 million units for garden machinery, 14.9691 million units for motorcycles, and 146300 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 September decreased month on month and year-on-year, but accumulated year-on-year growth. In September, single cylinder diesel engines sold 76700 units, a month on month increase of 16.67% and a year-on-year increase of 0.80%; The cumulative sales volume from January to September was 730500 units, a year-on-year increase of 4.56%. 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 September was 69100 units, an increase of 17.73% month on month and 4.20% year-on-year; The cumulative sales volume from January to September was 652400 units, a year-on-year increase of 4.21%.

Multi cylinder diesel engine

The slow recovery trend of the commercial vehicle market has led to a month on month, year-on-year, and cumulative year-on-year increase in production and sales in September, resulting in a similar fluctuation in sales in the multi cylinder diesel engine market where commercial vehicles account for a large proportion.

In September, multi cylinder diesel engine companies sold a total of 345100 units, a month on month increase of 12.51% and a year-on-year increase of 15.42%; The cumulative sales volume from January to September was 3.0959 million units, a year-on-year increase of 5.58%. Weichai, Yuchai, Yunnei, Quanchai, Xinchai, Dongkang, Jiangling, New Power Technology, Honeycomb Power, and Jiefang Power ranked among the top ten in sales, accounting for 78.06% of the total sales of multi cylinder diesel engines; Market share: Weichai 18.53%, Yuchai 14.04%, Yunnei 8.55%, Quanchai 8.32%, Xinchai 6.26%, Dongkang 5.29%, Jiangling 4.78%, New Power Technology 4.11%, Honeycomb Power 4.11%, Liberation Power 4.06%.

In September, sales of multi cylinder diesel engines for commercial vehicles reached 170400 units, a month on month increase of 12.12% and a year-on-year increase of 26.42%; The cumulative sales volume from January to September was 1.4845 million units, a year-on-year increase of 6.57%. The top ten sellers are Weichai, Yuchai, Yunnei, Jiangling, Fukang, Jiefang Power, Quanchai, Jianghuai, Dongkang, and New Power Technology, accounting for 88.18% of the total sales; Weichai holds a leading market share of 21.79% in the multi cylinder diesel engine market for commercial vehicles, followed by Yuchai at 12.75%, Yunnei at 10.02%, Jiangling at 9.97%, Fukang at 8.00%, Jiefang Power at 5.68%, Quanchai at 5.55%, Jianghuai at 4.90%, Dongkang at 4.88%, and Shanghai Mobile at 4.65%.

In September, sales of multi cylinder diesel engines for construction machinery reached 72300 units, an increase of 26.05% month on month and 1.60% year-on-year; The cumulative sales volume from January to September was 633400 units, a year-on-year increase of 0.88%. The top ten sellers are Xinchai, Quanchai, Yunnei, Yuchai, Weichai, Dongkang, Carter, Guangkang, New Power Technology, and Jiefang Power, accounting for 95.42% of their total sales.

Multi cylinder gasoline engine

The production and sales of passenger cars in September 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 September, the sales of multi cylinder gasoline engines reached 2.14 million units, a month on month increase of 17.42% and a year-on-year increase of 17.27%; The cumulative sales volume from January to September was 15.581 million units, a year-on-year increase of 11.54%. Among 45 multi cylinder gasoline engine companies, Chery, BYD, Geely, FAW Volkswagen, Changan Automobile, Honeycomb Power, Xiaokang Power, Shangtong Wuling, Guangfeng Engine, and Shanghai Volkswagen Powertrain rank among the top in terms of sales volume, accounting for 64.19% of the total sales. Among the companies with high sales volume, Chery, Geely, Honeycomb Power, Xiaokang Power, Shangtong Wuling, Shanghai Volkswagen Powertrain, and FAW Toyota Tianjin have shown outstanding sales growth.

The proportion of passenger cars used in multi cylinder gasoline engines was 97.01%, with sales of 2.0802 million units in September, a month on month increase of 17.14% and a year-on-year increase of 16.85%; The cumulative sales volume from January to September was 15.115 million units, a year-on-year increase of 11.39%. Chery, BYD, Geely, FAW Volkswagen, Changan Automobile, Honeycomb Power, Xiaokang Power, Shangtong Wuling, Guangfeng Engine, and Shanghai Volkswagen's powertrain sales rank among the top.

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 September decreased month on month and year-on-year, but accumulated year-on-year growth. In September, the sales of small gasoline engines reached 854400 units, an increase of 30.68% month on month and 8.12% year-on-year; The cumulative sales volume from January to September was 7.0345 million units, a year-on-year increase of 11.03%. 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 September was 390100 units, a month on month increase of 35.90% and a year-on-year increase of 14.98%; The cumulative sales volume from January to September was 2.8387 million units, a year-on-year increase of 11.88%.

In the field of supporting garden machinery, sales in September were 125100 units, a month on month increase of -3.85% and a year-on-year increase of 12.27%; The cumulative sales volume from January to September was 1.2409 million units, a year-on-year increase of 13.80%.

Note:

1 Ningbo Daye: ERP system switch, this issue is a quick report, it will be updated later