In July 2011, as the overall automotive market entered the traditional off-season, the market for automotive engines also fell slightly with the low speed of the vehicle market. Both the production and sales volume, year-on-year and cumulative year-on-year losses were negative. In terms of engine market operation in the first seven months of 2011, the cumulative production volume and cumulative sales volume were negative year-on-year, but the decline rate was within 1%, and the overall scale was the same as in the same period of 2010.
Diesel engine shows negative growth
In terms of vehicle diesel engines , the 23 diesel engine companies included in the statistics for the first seven months of 2011 completed 2,158,900 units and 2,353,300 units of production and sales, respectively, which was 5.90% and 2.38% lower than the same period of the previous year. Compared with the monthly declines of 1.79 and 2.39 percentage points respectively, the decline rate of production decline has narrowed, but the decline in sales decline rate has begun to increase.
In the month of July, 23 diesel engine companies completed production and sales volume of 217,900 units and 227,100 units, representing a month-on-month decrease of 3.87% and 13.79% respectively, and a decrease of 19.59% and 20.29% respectively from the same period of last year, which means that the month of July Production and sales are only about 80% of the same period last year. Specifically, the number of enterprises with diesel engine production exceeding 10,000 units in mid-month is still 11 as it was a year ago. The rank order of the 11 companies by production volume is: Guangxi Yuchai, FAW Group, Weichai Holdings, Anhui Quanchai, Dongfeng Motor, Kunming Yunnei, Jiangxi Jiangling, Dongfeng Chaochai, Shandong Huayuan Laidong, China Shouqi and Weichai Holdings Yangchai. Compared with the same period of last year, the positions of Weichai Holdings and Dongfeng Motor Co., Ltd. rose one place, and the rankings of Kunming Yunnei, Jiangxi Jiangling and Shandong Huayuan Laiwu rose by two. The rankings of Dongfeng Chaochai and Sinotruk declined. In the third place, Anhui Quanchai’s ranking dropped by one.
In terms of cumulative year-on-year increase in production volume, companies with outstanding performance in the first half of the year (over 5,000 units per month and a cumulative year-on-year increase of more than 10%) have Shandong Huayuan Laidong (32.33%) and Great Wall Motor Corporation ( 27.75%), Qingling (25.37%), Jiangling (17.65%) and Beiqi Foton (12.62%). Among them, the three indicators of Kunming Yunnei and Beiqi Foton, both “compared with the previous monthâ€, “compared with the previous month,†and “accumulated year-on-yearâ€, are positive. The cumulative year-on-year decrease of more than 15% includes Sinotruk (-31.23%), FAW Group (-22.80%), Dongfeng Chaochai (-19.69%) and Anhui Quanchai (-15.24%).
In the month of July, 40 gasoline engine companies completed production and sales of 939,600 units and 894,600 units, of which sales in the single month fell by 100,000 units compared to the same period last year; production and sales fell 5.74% and 10.06% respectively from the previous month in June. Year-on-year growth of 1.09% and a decrease of 5.10%. Specifically, there are 20 companies that have an average monthly production of more than 20,000 units in gasoline engines, which is in line with the same period of last year and still maintains a relatively high level.
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