Market picks up in November to accelerate growth in production and sales of automotive diesel engines

According to the data provided by the latest edition of the China Automobile Industry Association’s “China Automotive Industry Production and Sales Newsletter”, from January to November 2012, the overall performance of the national vehicle diesel engine production and sales was good, and the growth rate was good from the previous quarter.

In terms of vehicle diesel engines, in the November of 2012, 23 diesel engine companies included in the statistics completed production of 280,800 units and 273,700 units respectively, an increase of 17.39% and 7.60% year-on-month, respectively, a year-on-year increase of 1.12% and a decrease of 0.57%. Compared with October, the production and sales volume showed a significant tailgear pattern; from January to November, cumulative production and sales volume were 3.0154 million units and 3,089,100 units respectively, down 7.73% and 10.41% year-on-year, respectively, both at both ends of production and sales. Widened. Due to the more pronounced carryover at the end of last year, the relatively large increase in the November ring was also submerged in the year-on-year decline. Accumulated production and sales growth data are still negative. Specifically, the average monthly production of diesel engine companies exceeded 10,000 units, which remained unchanged from the previous month. The rank order of these 11 companies by production volume is: Guangxi Yuchai , Anhui Quanchai , FAW Group, Weichai Holdings, Kunming Yunnei, Jiangxi Jiangling, Dongfeng Motor, Weichai Power Yangchai, Shandong Huayuan Laidong. Dongfeng Chaoyang diesel and Beiqi Foton, Dongfeng Chaoyang diesel before the advent of the end ranking slipped one.

Among the diesel engine companies, there were 4 enterprises with a cumulative growth rate of more than double digits in the 15 companies with large average monthly production (more than 5,000 units) from January to November, one less than last month. JAC (24.80%), Anhui Quanchai (14.77%), Weichai Power Yangchai (13.32%) and Great Wall Motors (10.15%). Beiqi Foton, which was still at the top of the increase last month, for some reason became a year-on-year decline. The cumulative number of enterprises with a year-on-year decline of more than double digits remained at 6, which were Weichai Holdings (-36.62%), China National Heavy Duty Truck (-29.62%), Dongfeng Motor (28.28%), Dongfeng Chaochai (- 24.68%), Beiqi Futian (15.24%) and Shandong Huayuan Laidong (-15.19%). From this, it can be seen that the diesel engine companies are still better than the heavy-duty diesel engine enterprises, and the passenger car diesel engine enterprises are better than the commercial vehicle diesel engine enterprises.

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