Analysis of China's Bus Market Sales in August

According to statistics, in August of this year, the sales volume of China's passenger cars (referring to vehicles, excluding non-integrated vehicles, the same below) was 38,900 units, a slight increase from the same period of last year when the rate was 2.4%. In the first eight months, the total sales volume of the passenger car market reached 30.03 million units, a significant increase of 10.7% year-on-year.

The drop in light passengers' sales volume in August has led to a substantial increase. The main drivers of growth in the passenger car market in August came from the Dagu and Zhongke markets. The sales of these two categories of bus market increased significantly in August, up 22.6% YoY and 14.9% YoY to 7,704 vehicles respectively. And 6,966 cars. However, the sales of light passengers have fallen sharply, but still account for the largest proportion in the entire passenger car market. Sales volume fell by 12.2% to 23,300 vehicles, accounting for 60% of the total passenger car market.

From January to August, light passengers are the main force for passenger car growth. In the eight months before light passengers sales totaled 21.16 million units, up 16.7% year-on-year, while big passengers and Chinese customers only slightly increased or even declined.

In August, the top 10 sales companies were in turn Jinbei Automobile, Zhengzhou Yutong, Jiangling Motors, Xiamen Golden Brigade, Nanjing Automobile Group, Daikin Dragon, Suzhou Golden Dragon. , Beiqi Foton, Dongfeng Automobile and SAIC Commercial Vehicle. Among them, the sales volume of the main-selling light passengers all declined, while those of the main-selling medium-sized passengers all increased.

Among sales companies, sales of Jinbei Automobile fell 12.3% to 7,877 units in August. Sales volume of Jiangling Motors decreased 2.7% year-on-year. Sales volume of Nanjing Automobile Group, Beiqi Foton and Dongfeng Motor, which are relatively small in sales volume, declined by more than 20%. Fell.

Among the companies with sales growth, Zhengzhou Yutong recorded 5,490 vehicle sales in August, a year-on-year increase of 24.0%. Sales of “Three Dragons” also increased, with Xiamen Jinlv increasing the most. In August, its sales increased by 61.6% to 2,790 vehicles. And it is the highest-selling enterprise among the three companies. However, the high growth of sales of Xiamen Golden Trip is mainly reflected in the light passenger market. Its light passengers sold 1,523 units in August, a 60% increase from the 952 units in the same period last year.

From January to August, the top ten companies in the passenger car market were Jinbei Automobile, Jiangling Motors, Zhengzhou Yutong, Nanjing Automobile Group, Beiqi Futian, Daikin Dragon, Suzhou Golden Dragon, Xiamen Golden Brigade, SAIC Commercial Vehicle and Dongfeng Motor. Among them, only the sales of Nanjing Automotive Group showed a slight decline, while other companies have increased sales. Sales volume of Jinbei Automobile and Jiangling Motors achieved rapid growth of 11.4% and 18.8% respectively, while that of Zhengzhou Yutong increased slightly by 2.1%.