In August, the production and sales of the commercial vehicle market continued to increase year-on-year, but the growth rate narrowed significantly. The truck market has declined except for a slight increase in the truck market. Although the sales volume of the passenger car market has increased positively from the previous month and the year-on-year decline has also narrowed, the market segment once again suffered "annihilation" in August.
On the whole, entering the second half of the year, the commercial vehicle market is "cooling down". The 63% year-on-year growth rate in June was 42% after two consecutive months of narrowing in July and August. So, what changes have taken place in the diesel engine power market and the national internal combustion engine market closely related to the commercial vehicle market?
Below, please see the first commercial vehicle network report.
Sales of internal combustion engines in August increased by 11.9% year-on-year to 4.17 million units! Diesel engine growth shrinks to 38.7%
According to the China Internal Combustion Engine Industry Association "China Internal Combustion Engine Industry Sales Monthly" data, on a comparable basis, the national internal combustion engine sales in August this year were 4.171 million units, an increase of 1.71% month-on-month and an increase of 11.87% year-on-year; cumulative sales from January to August were 27,887,200 units, year-on-year It was down by 6.38%, which was 2.62 percentage points narrower than last month. Beginning in April this year, the internal combustion engine market has achieved five consecutive growth year-on-year, of which the growth rate in the first 4 months has expanded month by month, and the growth rate has narrowed by nearly 2 percentage points in August.
In the two categories of gasoline and diesel, diesel engines sold 506,200 units in August, down 6.22% month-on-month and an increase of 38.71% year-on-year (for comparison, the year-on-year increase of diesel engines also narrowed in August); from January to August this year , The cumulative sales of diesel engines were 3,998,500 units, accounting for 14.33% of the total internal combustion engines. Gasoline engine sales in August were 3.6636 million units, a year-on-year increase of 8.92%. The cumulative sales from January to August were 23,866,600 units. The monthly year-on-year growth rate had narrowed earlier than that of diesel engines in July.
Commercial vehicle internal combustion engines, which have attracted much attention from the industry, sold 320,900 units in August, down 7.64% from the previous month, and the year-on-year growth rate narrowed from 85% in July to 53.17%; cumulative sales from January to August were 2,452,300 units, a year-on-year increase It is 23.06%. It is worth noting that, in all market segments, commercial vehicle internal combustion engines have the highest year-on-year growth in the industry regardless of monthly or sales volume, and are the biggest driving force for internal combustion engines to maintain continuous positive growth.
From January to August, sales of multi-cylinder diesel engines were 3.384 million Weichai over 650,000 units, Yunnei surged 52% year-on-year
Diesel internal combustion engines are divided into single cylinder and multiple cylinders. Single-cylinder diesel engines are mainly used in agricultural machinery. Sales in August again achieved positive year-on-year growth. The cumulative decline from January to August narrowed to 5.84%.
multi-cylinder diesel engines are mainly used in the commercial vehicle market. The commercial vehicle market has grown rapidly for 5 consecutive months, and multi-cylinder diesel engines have also shown a large increase for 5 consecutive months. In August, multi-cylinder diesel engine companies sold a total of 427,400 units, a decrease of 7.50% from the previous month and a year-on-year increase of 42.79% (the year-on-year growth rate was also significantly narrowed in August, 26.51 percentage points lower than in July); the cumulative sales volume from January to August was 3.3838 million Taiwan, an increase of 18.24% year-on-year.
From January to August this year, the top ten companies with cumulative sales of multi-cylinder diesel engines were Weichai, Yunnei Power, Yuchai, Jiefang Power, Anhui Quanchai, Foton Cummins, Jiangling Holdings, Zhejiang Xinchai, Dongfeng Cummins and Shanghai Diesel Engine. . Since April, FAW Jiefang Xichai and Dachai have consolidated their financial statements as the driving force for Jiefang, and they have consistently ranked fourth on the list. Based on the calculation of share, Weichai Holding's sales volume of multi-cylinder diesel engines from January to August was approximately 557,500 units.
The cumulative sales of the top ten multi-cylinder diesel engine companies are approximately 2.67 million units, accounting for 78.95% of the total sales. Compared with the January-July period of this year, the market structure is stable. The only change in the ranking is that Foton Cummins surpassed Jiangling Holdings to rise to sixth, but the total number of companies involved in the top ten has not changed much. Among them, the cumulative sales growth of Weichai, Yunnei, Foton Cummins, Shanghai Diesel, and Dongfeng Commercial Vehicles increased by more than 30%, and the growth rate of Yunnei was about 51.6%.
What is more interesting is the dispute between Yunnei Power and Yuchai Group. Both share between 10% and 11%, and the difference in share is only 0.31%. Who will be the final winner?
Multi-cylinder diesel engines for commercial vehicles: Yunnei’s share approaches 12%. Fukang and Shangchai rise in rankings
In August this year, the sales volume of multi-cylinder diesel engines for commercial vehicles was 262,100 units, a decrease of 9.43% from the previous month and an increase of 47.64% year-on-year; the cumulative sales from January to August were 2.0705 million units, a year-on-year increase of 19.24%.
From January to August this year, the top ten companies in cumulative sales were Weichai, Yunnei Power, Jiefang Power, Yuchai, Foton Cummins, Jiangling Holdings, Dongfeng Cummins, Quanchai, Shanghai Diesel, and Dongfeng Commercial Vehicle. Compared with January-July, the pattern of the first four remained stable. Foton Cummins surpassed Jiangling Holdings to rise from sixth to fifth, and Shangchai overtook Dongfeng Commercial Vehicle from tenth to ninth. Foton Cummins engines are mainly matched with Auman heavy trucks, and SAIC engines are mainly matched with SAIC Hongyan heavy trucks. The rise of its diesel engine sales ranking is closely related to the surge in sales of Auman and Hongyan in the heavy truck market. According to the production and sales data released by the China Automobile Association, Foton and Hongyan lead the industry in terms of cumulative sales growth in the tractor field. Foton and Hongyan have a year-on-year increase of 99% and Hongyan has a year-on-year increase of 151%.
The sales of the top ten companies accounted for 88.57% of the total sales. Weichai leads the market share of multi-cylinder diesel engines for commercial vehicles, accounting for 23.08%, followed by Yunnei Power 11.93%, Jiefang Power 10.50%, Yuchai 9.87%, Foton Cummins 9.37%, Jiangling Holdings 9.35%, Dongfeng Cummins 4.52%, Quanchai 4.46%, Shanghai Diesel 2.79%, and Dongfeng Commercial Vehicle 2.69%. Compared with January-July, the companies that have achieved growth in share include Yunnei Power, Foton Cummins, Jiangling Holdings, Dongfeng Cummins, Shanghai Diesel and Dongfeng Commercial Vehicle, etc. The net increase was 0.28%, 0.12%, 0.16%, 0.01%, 0.2%, 0.21%; among them, the share of Yunnei Power has the fastest growth.
The most "flashing" star-Yunnei Power, will continue to show its strengths in the future
Counting down the commercial vehicle multi-cylinder diesel engine market from January to August this year, Yunnei Power is not the brightest star, but it can be said to be the most “flashing” star-not only achieved a significant year-on-year increase in sales, but also The market share continued to maintain a positive rise.
The editor noted that in the same period last year (January-August), Yunnei Power’s share in the field of commercial vehicle multi-cylinder diesel engines was less than 10%; however, since the beginning of this year, Yunnei Power’s share has increased step by step, and the share in January was 9.43%, 9.74% in February, 11.55% in March (ranking second), 11.76% in April, 11.51% in May, 11.65% in June, 11.65% in July, and now it has risen in August To 11.93%, an increase of 2.5 percentage points compared to January this year, and firmly ranked second in the industry. From less than 10%, to breaking through 11%, and then about to break through 12%, the market growth rate of Yunnei Power not only reflects its strong risk response ability that is not afraid of epidemics and difficulties, but also reflects the user's understanding of cloud power products. And quality recognition.
It is reported that Yunnei Power adheres to the principle of market orientation. While advancing the marketization of Dulwich’s 2.0L-6.7L National VI engines, it has also made breakthroughs in gasoline engines, hybrid powertrains and other fields, with a rich product lineup. With excellent performance indicators, it can fully meet the needs of users in various fields. In addition, Yunnei Power’s National VI diesel engines, National VI gasoline engines, National VI natural gas engines, hybrid powertrains and fuel cell engines, etc., are based on the upgrade requirements of the national emission regulations and use the national enterprise technology center as a platform to form a "One Five The new pattern of "center, five major production bases" provides a strong technical support and production capacity construction guarantee system for products. In the face of the future, Yunnei Power still has many big moves in the pipeline.
The diesel engine market, which has been rising continuously, will perform after the small “brake” in August in the “Golden 9” that has already begun and the upcoming “Silver 10”? Will there be rapid growth again due to the peak season of the commercial vehicle market?