Vehicle engine market growth year-on-year decline

According to the latest edition of the "China's Auto Industry Production and Sales News," statistics from January to July 2010, 55 domestic automobile engine companies included in the statistical scope, accumulatively produced 9.576 million units of engines, and accumulatively sold engines of 9,785,200 units, in the same period as in 2009. Compared with the increase of 43.56% and 45.81% respectively, the year-on-year increase in cumulative production and sales volume further narrowed compared with the previous month.

From the sales data of the current month, the production and sales volume of 1.198 million units and 1.2263 million units were respectively completed in July, 13.68% and 16.68% over the same period of last year, and the year-on-year increase further decreased, while the chain rate decreased by 5.61% and 3.32% respectively. The monthly production and sales volume has been declining for the fourth consecutive month since April.

With regard to production statistics, as of the end of July 2010, among a total of 55 engine companies, Chongqing Changan, SAIC-GM-Wuling, FAW-Volkswagen, Guangxi Yuchai, Liuzhou Wuling Liuji, Dongfeng Nissan Passenger Vehicle, and Shanghai General Motors Powertrain , Chery, Beijing Hyundai, FAW Group, Shanghai Volkswagen, Anhui Quanchai, Harbin Dongan Automobile Engines, Weichai Holdings and GAC Toyota Engine ranked among the top 15 in terms of cumulative production volume in the first half of the year. Compared with the previous month, the top 15 companies have changed slightly in terms of their median position, but the main change is reflected in the backwardness of the Harbin Dongan Automobile Engine, which is mainly produced by small-displacement engines. Two places were advanced in the previous month.

In terms of market size, due to the consecutive year-on-year decline in monthly sales and the sequential decline in the monthly growth rate, from the perspective of the entire industry, the average monthly production of over 50,000 units remained unchanged from the previous month, with an average monthly output of 20,000 units. Compared with the previous month, the number of companies dropped by 25, and the number of companies with an average monthly output of more than 10,000 units was 41 fewer than the previous month. The production volume of medium-sized enterprises has slightly contracted, but the overall market size remains at a high level and the market is actually more stable.

In terms of production concentration, the cumulative production of the top five companies is 24.47%, which is 0.11% higher than the previous month; the production concentration of the top 12 companies is 48.46%, which is 0.13% higher than the previous month. . Last month, the production concentration of the top five companies increased slightly, and the production concentration of the latter seven companies dropped slightly. Now the production concentration of the top 12 companies has begun to turn upwards, indicating that the market is indeed stabilizing. The direction of the move, the profitability of some small and medium enterprises in the market will be reduced.

For diesel engines, in the first 7 months of 2010, 24 diesel engine companies included in the statistics completed 2,228,100 units and 2,380,000 units of production and sales respectively, an increase of 32.08% and 37.51% over the same period of the previous year. Compared with the previous month, they slipped by 3.13 and 3.64 percentage points respectively. Specifically, there are 10 diesel engine manufacturers with monthly production of over 10,000 units, a decrease from the previous month. The rankings of these 10 companies by production volume are: Guangxi Yuchai, FAW Group, Anhui Quanchai, Weichai Holdings, Dongfeng Chaochai, Dongfeng Motors, China National Heavy Duty Truck, Kunming Yunnei, Jiangxi Jiangling and Shandong Laiwu. , Weichai Holdings’s Yangchai fell from the 10th place last month to an average of more than 10,000 units a month.

In terms of gasoline engine for gasoline engines, 42 gasoline engine companies included in the statistics for the first 7 months of 2010 completed 7,286,100 units and 7,400,100 units of sales, respectively, an increase of 47.59% and 48.70% compared with the same period of the previous year, compared with the previous month. This indicator has slipped 6.69 and 6.13 percentage points respectively. The year-on-year increase is still narrowing but the speed of decline has converged. Specifically, there are still 20 companies that have an average monthly production of more than 20,000 units in gasoline engines. The market is relatively stable and still reaches a relatively high level.