News Center

Company News

Industry news

Media reports

Corporate culture

Information Disclosure

Talent Recruitment

Weichai 920,000, Yuchai over 510,000, Shangchai/Quanchai leading the rise. In the first 11 months, diesel engine sales reached 5.64 million units, a slight decrease.

Weichai 920,000, Yuchai over 510,000, Shangchai/Quanchai leading the rise. In the first 11 months, diesel engine sales reached 5.64 million units, a slight decrease.

2021-12-27

As 2021 comes to an end, what kind of report will the diesel engine market in our country present? According to data released by the China Internal Combustion Engine Industry Association, from January to November 2021, the sales trend of the internal combustion engine market showed a pattern of "5 consecutive increases + 6 consecutive decreases" year-on-year; for diesel engines, closely related to the commercial vehicle industry, the market sales trend was "4 consecutive increases + 7 consecutive decreases". It can be seen that as the sales of the commercial vehicle market continue to decline, the diesel engine market is also becoming increasingly "cold". In the last month of 2021, the market decline was almost a foregone conclusion due to the high base effect from the previous year. In the first 11 months, 5.64 million diesel engines were sold, with the cumulative growth rate turning negative. In November 2021, the sales of internal combustion engines in China reached 4.6702 million units, an increase of 11.24% month-on-month, but a decrease of 4.05% year-on-year; from January to November, the cumulative sales of internal combustion engines reached 45.5918 million units, a year-on-year increase of 8.93%. Among them, in November 2021, diesel engine sales were 434,900 units, an increase of 13.25% month-on-month, but a decrease of 27.06% year-on-year; from January to November, cumulative diesel engine sales reached 5.6403 million units, with a cumulative growth rate turning negative, down 1.75% year-on-year. Sales of multi-cylinder diesel engines in November were 366,000 units, an increase of 7.82% month-on-month, but a decrease of 26.11% year-on-year; from January to November, cumulative sales reached 4.9244 million units, a year-on-year increase of 1.6%. Sales of multi-cylinder diesel engines for commercial vehicles in November were 183,500 units, an increase of 3.28% month-on-month, but a decrease of 39.64% year-on-year; from January to November, cumulative sales of commercial vehicle diesel engines reached 2.7688 million units, a year-on-year decrease of 6.88%. Note: The percentage data on the trend chart refers to multi-cylinder diesel engines for commercial vehicles. It can be seen that from January to November 2021, diesel engine sales accounted for 12.37% of the internal combustion engine market, a decrease of 1.35 percentage points compared to the same period last year (13.72%); in the diesel engine sector, the proportion of commercial vehicle matching accounted for 49.09%, down 2.71 percentage points from the same period last year (51.8%). So, what changes occurred in the market structure of various enterprises from January to November 2021? Multi-cylinder diesel engines: Weichai 920,000 units, Yuchai over 510,000 units, 6 companies still showing growth. From the market distribution of multi-cylinder diesel engine enterprises published by the China Internal Combustion Engine Industry Association, from January to November 2021, the top ten enterprises accounted for 77.73% of cumulative sales, a decrease of 1.43 percentage points compared to the same period last year (79.16%). Horizontally, the cumulative sales share of the top ten enterprises was highest in January, reaching 80.32%, and then gradually narrowed as the months progressed. From the table above, it can be seen that from January to November 2021, Weichai Holdings sold a total of 922,800 multi-cylinder diesel engines, a year-on-year decrease of 0.65%, with a market share of 18.74%, maintaining the industry’s top position; Yuchai ranked second, with sales exceeding 510,000 units in the first 11 months, a year-on-year increase of 8.24%, with a market share of 10.46%; Yunnei Power ranked third, with sales of 444,700 units in the first 11 months, a year-on-year decrease of 17.45%, with a share of 9.03%. Among the seven companies outside the top three, five companies still maintained a year-on-year growth trend, namely Anhui Quanchai, Jiangling Motors, Zhejiang Xinchai, Dongfeng Cummins, and Shanghai Diesel Engine; among them, Shanghai Diesel Engine had the highest growth rate in the industry, reaching 34.4%. Compared to the same period last year, the market structure has changed significantly. Except for Weichai maintaining its first position and Dongfeng Cummins remaining ninth, the rankings of other companies in the top ten have changed. Notably, Shanghai Diesel Engine successfully entered the top ten due to its outstanding market growth in 2021; compared to January to October 2021, the market structure of multi-cylinder diesel engines only showed slight changes, reflected in the position swap between Jiangling Motors and Jiefang Power. Overall, the multi-cylinder diesel engine market in 2021 experienced significant fluctuations, influenced by many factors, including power rationing, supply-demand conflicts in raw materials, and repeated pandemic outbreaks. The weak demand in the main supporting commercial vehicle market also had a considerable impact. Multi-cylinder diesel engines for commercial vehicles: Fokang vs. Yuchai, Jiefang vs. Yunnei, Shanghai Diesel Engine catching up with Dongkang, competition intensifying. Multi-cylinder diesel engines for commercial vehicles, also known as "diesel engines for commercial vehicles." From January to November 2021, the sales of multi-cylinder diesel engines for commercial vehicles reached 2.7688 million units, accounting for 56.23% of multi-cylinder diesel engines. This means that for every two multi-cylinder diesel engines sold, at least one is used for commercial vehicle matching. However, compared to the continuous narrowing of the cumulative sales share of the top ten multi-cylinder diesel engine enterprises, the multi-cylinder diesel engines for commercial vehicles present a different picture. From January to April 2021, the cumulative share of the top ten enterprises for multi-cylinder diesel engines for commercial vehicles remained above 89%, peaking at 89.88% in February; starting in May, the cumulative share of the top ten fell below 89%, especially from July onwards, it gradually narrowed for five consecutive months. Currently, from January to November, the cumulative share of the top ten enterprises for multi-cylinder diesel engines for commercial vehicles is 88.32%, which is 0.51 percentage points lower than the same period last year. From the perspective of enterprises, from January to November 2021, Weichai Holdings ranked first, with cumulative sales of commercial vehicle diesel engines reaching 603,900 units, with a share of 21.81%; Jiangling ranked second, with cumulative sales of commercial vehicle diesel engines reaching 307,600 units, a year-on-year increase of 2.27%; Foton Cummins and Yuchai are competing for third place, with both having sales of over 260,000 units, with a difference of about 2,000 units; Yunnei Power and Jiefang Power also had similar sales, both exceeding 240,000 units, with a difference of less than 7,000 units; Quanchai exceeded 150,000 units, ranking seventh, while Dongkang and Shanghai Diesel Engine were both at the 120,000 unit level, and Jianghuai approached 100,000 units. Overall, the competition in the commercial vehicle diesel engine market intensified in 2021. Jiangling, Quanchai, Shanghai Diesel Engine, and Jianghuai achieved year-on-year positive growth even in a sluggish market, with cumulative sales at a relatively high level. In terms of market structure, there was no change compared to January to October 2021; compared to the same period last year, Jiangling and Quanchai each rose one position, while Fokang and Yuchai each rose two positions. Notably, both Jiangling and Quanchai achieved increases in both multi-cylinder diesel engine and commercial vehicle diesel engine sales and shares. The increase in Jiangling's commercial vehicle diesel engine sales is closely related to the rise in sales of Jiangling's light passenger vehicles, pickups, and light trucks. According to production and sales reports, Jiangling's light passenger vehicle sales reached 91,000 units, an increase of 13.85% in the first 11 months of 2021, with pickup sales of 59,000 units, an increase of 3.4%, and truck sales reaching 107,000 units; engine production capacity is also increasing, with the 4D30 assembly line capacity optimization project and the PUMA assembly line relocation project both going offline in March, with a production target of over 9,000 units in December for the assembly workshop. In 2021, affected by the upgrade of National VI emissions and the new regulations for blue card light trucks, the sales of the commercial vehicle market fluctuated, which in turn led to significant fluctuations in the diesel engine market related to commercial vehicle matching. However, various engine companies actively responded, moving forward amid opportunities and challenges, with each showing highlights in market performance. For example, Weichai's heavy-duty vehicle power performance reached a historical best, with an expected market share exceeding 32% in 2021, and sales of National VI products exceeding 150,000 units, facing the launch of the WP7H engine for the cargo vehicle market in 2022; Yuchai's National VI orders continued to increase, strengthening cooperation with enterprises, and launching strategic new products in collaboration with Dayun, United Trucks, and Sanhuan; Jiefang Power's Jinwei products continued to increase in Jiefang light trucks, with its Aowei 16L engine "super factory" about to be put into production; Foton Cummins, Yunnei Power, Jiefang Power, and Oukan Power launched new 2.5-liter diesel engines targeting the new regulations for blue card light trucks; Quanchai actively adjusted its product structure, implemented cost reduction and efficiency enhancement measures, and launched high-end power products for National VI... Conclusion As 2022 approaches, industry forecasts suggest that the heavy truck market sales may only reach 1 million units, while the market for 500-horsepower tractors, cargo vehicles, and special vehicles is optimistic. At the same time, the new regulations for blue card light trucks will officially take effect, and the commercial vehicle power market is brewing a major transformation. Under the multiple influences of the trend towards new energy, new regulations, and new opportunities, what new breakthroughs will various engine companies achieve in 2022?

MORE
Weichai has over 860,000 units, Yuchai nearly 500,000, and Shangchai leads with a 39% increase. The sales of diesel engines have continued to grow in the first ten months.

Weichai has over 860,000 units, Yuchai nearly 500,000, and Shangchai leads with a 39% increase. The sales of diesel engines have continued to grow in the first ten months.

2021-12-10

In October, the internal combustion engine market continued the trend from September, with a month-on-month increase and a year-on-year decrease. According to data from the China Internal Combustion Engine Association, in October this year, 4.1879 million internal combustion engines were sold, representing a month-on-month increase of 2.69% but a year-on-year decrease of 5.79%. From January to October, the cumulative sales of internal combustion engines reached 40.91 million units, with a year-on-year increase of 10.60%, but the cumulative growth rate narrowed by about 2 percentage points. The multi-cylinder diesel engines for commercial vehicles, closely related to the commercial vehicle market, continued to show a month-on-month increase and a year-on-year decrease: in October this year, 177,700 multi-cylinder diesel engines for commercial vehicles were sold, a month-on-month increase of 5.43% but a year-on-year decrease of 37.38%. From January to October, cumulative sales reached 2.5853 million units, a year-on-year decrease of 3.15%, officially entering negative growth. From January to October, diesel engine sales reached 5.2055 million units, with a year-on-year increase of 1.2%. In October this year, domestic diesel engine sales were 384,000 units, a month-on-month decrease of 3.03% and a year-on-year decrease of 29.82%. From January to October, cumulative sales reached 5.2055 million units, with a year-on-year increase of 1.19%. Diesel engines accounted for 12.96% of the total internal combustion engine market share, continuing to decline compared to the previous month, falling below 13%. Among them, the sales of multi-cylinder diesel engines for commercial vehicles in October were 177,700 units, a month-on-month increase of 5.43% but a year-on-year decrease of 37.38%. From January to October, cumulative sales of internal combustion engines for commercial vehicles reached 2.5853 million units, a year-on-year decrease of 3.15%. In October, domestic commercial vehicle sales continued to decline sharply, while the cumulative sales of diesel engines maintained slight growth. However, the cumulative sales of multi-cylinder diesel engines for commercial vehicles have shifted from growth to decline, entering a downward trend. Multi-cylinder diesel engines: In the first ten months, Weichai sold 865,000 units, with significant market share increases for Yuchai, Shangchai, and Quanchai. In October this year, domestic multi-cylinder diesel engine sales again showed a dual decline in both month-on-month and year-on-year terms. In October, multi-cylinder diesel engine sales were 339,400 units, a month-on-month decrease of 3.26% and a year-on-year decrease of 25.98%. From January to October, cumulative sales of multi-cylinder diesel engines reached 4.5585 million units, with a year-on-year increase of 4.75%, but the cumulative year-on-year growth rate continued to narrow. In the first ten months of this year, the top ten companies in multi-cylinder diesel engine sales were Weichai, Yuchai, Yunnei, Quanchai, Jiefang, Jiangling, Xinchai, Foton Cummins, Dongfeng Cummins, and Shangchai, with the top ten sales at historically high levels, achieving a total market share of 78.01%. The table above shows that from January to October this year, Weichai Holdings sold a cumulative total of 864,700 multi-cylinder diesel engines, a year-on-year increase of 2.91%, with a market share of 18.97%, continuing to rank first in the industry. Yuchai ranked second, with cumulative sales of 481,800 multi-cylinder diesel engines from January to October, achieving a year-on-year growth of 9.96%, and its market share increased by 0.5% compared to last year. Yunnei Power remained in third place, with cumulative sales of 416,600 multi-cylinder diesel engines, a year-on-year decrease of 12.64%, and a market share of 9.14%. Among the remaining seven companies, five maintained growth while two declined. The market shares of these seven companies were: Quanchai 8.01%, Jiefang Power 6.31%, Jiangling 6.05%, Xinchai 5.67%, Foton 5.57%, Dongfeng 4.00%, and Shangchai 3.73%. In terms of rankings, compared to January to September, the market rankings from January to October did not change, with seven companies increasing and three decreasing. Among the growing companies, Shangchai had the highest growth rate, with cumulative sales of 170,000 multi-cylinder diesel engines from January to October, a year-on-year increase of 39.05%, and its market share increased by 0.92%, the highest growth rate and share increase among the top ten companies. Additionally, Anhui Quanchai also achieved double-digit growth, with cumulative sales of 365,100 multi-cylinder diesel engines from January to October, a year-on-year increase of 17.35%, and a significant increase in market share by 0.86%. Multi-cylinder diesel engines for commercial vehicles: Weichai accounted for 22.12%, with five companies increasing and five decreasing in the top ten. In October this year, domestic sales of multi-cylinder diesel engines for commercial vehicles were 177,700 units, a month-on-month increase of 5.43% but a year-on-year decrease of 37.38%. From January to October, cumulative sales of multi-cylinder diesel engines for commercial vehicles reached 2.5853 million units, a year-on-year decrease of 3.15%. The top ten companies in sales were Weichai, Jiangling, Foton, Yuchai, Yunnei, Jiefang Power, Quanchai, Dongfeng, Shangchai, and JAC, with a total market share of 88.35%. The table above shows that in the first ten months of this year, the top ten companies in sales of multi-cylinder diesel engines for commercial vehicles had five increasing and five decreasing, with one more company experiencing a decline compared to January to September. In terms of rankings, there was no change in cumulative sales rankings from January to September to January to October. Weichai still dominated the market, with cumulative sales of 571,900 units in the first ten months, capturing 22.12% of the market share, a year-on-year decrease of 6.41%. Jiangling remained in second place, with cumulative sales of 275,600 units from January to October, achieving a year-on-year growth of 5.35%, with a market share of 10.66%, an increase of 0.86%. Foton Cummins remained in third place in the industry, with cumulative sales of 253,600 units from January to October, with a year-on-year growth rate turning negative, decreasing by 1.34%, and a market share of 9.81%, an increase of 0.18%. The fourth, fifth, and sixth places were occupied by Yuchai, Yunnei, and Jiefang Power, all of which experienced varying degrees of year-on-year decline in growth rates and market shares. The seventh to tenth places were held by Anhui Quanchai, Dongfeng Cummins, Shangchai, and JAC, all of which experienced varying degrees of year-on-year growth in growth rates and market shares, with Shangchai having the fastest growth rate, selling 114,800 multi-cylinder diesel engines for commercial vehicles from January to October, a year-on-year increase of 46.26%, and a market share of 4.44%, an increase of 1.5%, the largest increase among the top ten companies. Conclusion In the first ten months of this year, although the cumulative sales of diesel engines maintained slight growth, the cumulative sales of multi-cylinder diesel engines for commercial vehicles have shifted from growth to decline. So, will the cumulative sales of diesel engines also shift from growth to decline after November? In this difficult situation, what kind of performance can various power companies deliver? Please continue to follow the reports from the First Commercial Vehicle Network.

MORE
Weichai has over 810,000 units, with Yuchai's share at 11% and Quanchai at 19%, leading the growth. Diesel engine sales have continued to increase in the first nine months.

Weichai has over 810,000 units, with Yuchai's share at 11% and Quanchai at 19%, leading the growth. Diesel engine sales have continued to increase in the first nine months.

2021-11-02

In September, the internal combustion engine market, which had been experiencing a continuous decline both month-on-month and year-on-year, finally showed signs of improvement. Although year-on-year sales continued to decline, month-on-month sales achieved double-digit growth, which somewhat alleviated market concerns. According to data from the China Internal Combustion Engine Industry Association, in September this year, 4.0782 million internal combustion engines were sold, representing an 11.11% month-on-month increase and a 13.09% year-on-year decrease. From January to September, cumulative sales of internal combustion engines reached 36.712 million units, with a year-on-year growth of 12.81%, and the cumulative growth rate continued to narrow. The multi-cylinder diesel engines used in commercial vehicles, closely related to the commercial vehicle market, also showed a pattern of month-on-month growth and year-on-year decline: in September, 168,500 multi-cylinder diesel engines for commercial vehicles were sold, a month-on-month increase of 7.33% and a year-on-year decrease of 46.53%. From January to September, cumulative sales reached 2.3985 million units, with a year-on-year growth of 0.54%, barely maintaining positive growth. In the first three quarters, diesel engine sales reached 4.81 million units, a year-on-year increase of 5%. In September, domestic diesel engine sales were 396,000 units, a month-on-month increase of 7.21% and a year-on-year decrease of 33.89%. From January to September, cumulative sales reached 4.8124 million units, with a year-on-year growth of 4.68%. Diesel engines accounted for 13.11% of the total internal combustion engine market, continuing to decline compared to the previous month. In September, sales of multi-cylinder diesel engines for commercial vehicles were 168,500 units, with a month-on-month increase of 7.33% and a year-on-year decrease of 46.53%. From January to September, cumulative sales of internal combustion engines for commercial vehicles reached 2.3985 million units, with a year-on-year growth of 0.54%. In the first three quarters of this year, both diesel engine sales and multi-cylinder diesel engine sales for commercial vehicles have only managed to maintain slight growth. If commercial vehicle sales continue to decline sharply in October, the cumulative sales of diesel engines and multi-cylinder diesel engines for commercial vehicles may shift from growth to decline next month. Multi-cylinder diesel engines: Weichai sold 810,000 units, with Shanghai Diesel and Quan Diesel leading the way. In September, the sales of multi-cylinder diesel engines were no longer experiencing a dual decline in both month-on-month and year-on-year terms, but instead showed month-on-month growth, although the year-on-year decline compared to August widened: in September, 350,900 multi-cylinder diesel engines were sold, a month-on-month increase of 7.69% and a year-on-year decrease of 31.11%. From January to September, cumulative sales of multi-cylinder diesel engines reached 4.2099 million units, with a year-on-year growth of 8.14%, and the cumulative year-on-year growth rate has dropped from double digits to single digits. From January to September this year, the top ten companies in multi-cylinder diesel engine sales were Weichai, Yuchai, Yunnei, Quan Diesel, Jiefang, Jiangling, Xinchai, Foton Cummins, Dongfeng Cummins, and Shanghai Diesel, with the top ten companies maintaining a historically good sales level, accounting for a total market share of 78.21%. The table above shows that from January to September this year, Weichai Holdings sold a cumulative total of 812,100 multi-cylinder diesel engines, a year-on-year increase of 8.25%, with a market share of 19.29%, continuing to hold the top position in the industry. Yuchai ranked second, with cumulative sales of 445,000 multi-cylinder diesel engines from January to September, achieving a market share of 10.57% and a year-on-year growth of 10.86%. Yunnei Power ranked third, with cumulative sales of 390,300 multi-cylinder diesel engines from January to September, a year-on-year decrease of 7.44%, with a market share of 9.27%. The market shares of other companies were as follows: Quan Diesel 7.88%, Jiefang Power 6.44%, Jiangling 5.74%, Xinchai 5.69%, Foton 5.61%, Dongfeng 4.03%, and Shanghai Diesel 3.68%. In terms of rankings, there were no changes in the market rankings from January to September compared to January to August, with the top ten remaining as eight increasing and two decreasing. Among the growing companies, Shanghai Diesel had the highest growth rate, with cumulative sales of 154,900 multi-cylinder diesel engines from January to September, a year-on-year increase of 46.16%, while its market share increased by 0.96%, making it the fastest rising company among the top ten. Apart from Shanghai Diesel, Yuchai, Quan Diesel, Xinchai, and Dongfeng Cummins all had growth rates exceeding 10%, at 10.86%, 19.34%, 11.07%, and 10.33%, respectively. Multi-cylinder diesel engines for commercial vehicles: Weichai accounts for 22.52%, Foton rises to third place. In September, sales of multi-cylinder diesel engines for commercial vehicles were 168,500 units, a month-on-month increase of 7.33% and a year-on-year decrease of 46.53%. From January to September, cumulative sales reached 2.3985 million units, with a year-on-year growth of 0.54%. The top ten in sales were Weichai, Jiangling, Foton, Yuchai, Yunnei, Jiefang Power, Quan Diesel, Dongfeng, Shanghai Diesel, and JAC, with the top ten accounting for a total market share of 88.41%. From January to September, the cumulative sales ranking of companies changed again compared to January to August. Weichai remains the unshakable industry leader. From January to September, Weichai sold a cumulative total of 540,100 units, capturing 22.52% of the market share, a year-on-year decrease of 1%. Jiangling still ranks second, with cumulative sales of 241,800 units from January to September, a market share of 10.08%, achieving a year-on-year growth of 5.67%. In August, Foton Cummins' market ranking rose two places, and in September, Foton Cummins continued to rise one more place, successfully entering the top three in the industry: from January to September, Foton Cummins sold a cumulative total of 236,000 units, with a market share of 9.84%, achieving a year-on-year growth of 2.94%. Yuchai, ranked fourth, had cumulative sales of 234,100 units from January to September, with a market share of 9.76%, a slight year-on-year decrease of 0.18%. Yunnei Power and Jiefang Power still ranked fifth and sixth in the industry, with market shares of 9.41% and 9.1%, respectively. Ranking seventh to tenth are Anhui Quan Diesel, Dongfeng Cummins, Shanghai Diesel, and JAC, all of which achieved year-on-year sales growth and increased market shares. Among them, Shanghai Diesel remains the fastest-growing company with the highest increase in market share: from January to September, it sold 105,300 units, achieving a year-on-year growth of 55.96%, with its market share rising by 1.56% to 4.39%. Conclusion In the first three quarters of this year, the cumulative sales of diesel engines and multi-cylinder diesel engines for commercial vehicles have barely maintained positive growth, but the situation is not optimistic. October is likely to become a turning point for the cumulative sales growth rate of the diesel engine market to turn negative. What kind of results can each company achieve at that time? What changes will occur in the market landscape? Please continue to pay attention.

MORE
Weichai's 400,000th National VI engine rolled off the production line, and the latest National VI service policy was announced on site.

Weichai's 400,000th National VI engine rolled off the production line, and the latest National VI service policy was announced on site.

2021-09-24

MORE
Year of the Ox Huangshan Anhui Beautiful Travel! Customized passenger transport, the first choice is the National VI Ourei.

Year of the Ox Huangshan Anhui Beautiful Travel! Customized passenger transport, the first choice is the National VI Ourei.

2021-09-24

MORE
< 1 > proceed page

Contact Us

Weichai (Yangzhou) Yaxing New energy Commercial Vehicle Co., Ltd.

Sales Hotline: 0514-87708298

After-sales service:400-828-0870

E-mail:eurise@asiastarbus.com

Add:No. 8, Yang Ling Road, Yangzhou, Jiangsu

Two-dimensional code

COOKIES

Our website uses cookies and similar technologies to personalize the advertising shown to you and to help you get the best experience on our website. For more information, see our Privacy & Cookie Policy

COOKIES

Our website uses cookies and similar technologies to personalize the advertising shown to you and to help you get the best experience on our website. For more information, see our Privacy & Cookie Policy

These cookies are necessary for basic functions such as payment. Standard cookies cannot be turned off and do not store any of your information.

These cookies collect information, such as how many people are using our site or which pages are popular, to help us improve the customer experience. Turning these cookies off will mean we can't collect information to improve your experience.

These cookies enable the website to provide enhanced functionality and personalization. They may be set by us or by third-party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

These cookies help us understand what you are interested in so that we can show you relevant advertising on other websites. Turning these cookies off will mean we are unable to show you any personalized advertising.

Powered:www.300.cn  | SEO

Business License