Datong wins the championship, Foton enters the top three, and Shenlong makes it into the top ten. September light commercial vehicle sales ranking.

2021-11-02

The light commercial vehicle market, as the largest segment of the bus market, has a significant impact on the overall trends of the bus market. In September 2021, the light commercial vehicle market experienced its first decline of the year, and this "first" is just one of many "firsts" created by the light commercial vehicle market in September this year. According to the latest data from the China Association of Automobile Manufacturers, in September 2021, the sales of buses (including incomplete vehicles) in China reached 39,300 units, a month-on-month increase of 5% but a year-on-year decrease of 9%, marking the first decline of 2021. Among these, the sales of light commercial vehicles were 32,300 units, a year-on-year decrease of 4%, marking their first decline of 2021. This "first" decline in the light commercial vehicle market was also a major reason for the overall decline in the bus market. In September, the sales of 32,300 light commercial vehicles accounted for 82.16% of the entire bus market, an increase from the previous month (81.57%). Looking at the sales and growth trends of light commercial vehicles in September over the past five years, it can be seen that the light commercial vehicle market has shown a pattern of increase-decrease-increase-increase-decrease. The sales of light commercial vehicles in September over the past five years have not varied much, concentrated in the range of 27,000 to 33,000 units, with four years exceeding 30,000 units. The sales of 32,300 units in September 2021 is the second highest in the past five years, about 1,200 units less than the highest sales of 2020. In terms of cumulative sales, from January to September 2021, the light commercial vehicle market sold a total of 309,300 units, the best performance for the first nine months in the past five years. In 2021, the light commercial vehicle market broke through 200,000 units for the first time after June and also surpassed 300,000 units after September for the first time in five years. In previous years, the light commercial vehicle market typically did not exceed 300,000 units until after October, with the years 2018-2020 all breaking through the 300,000 mark in the last month. As shown in the table, the light commercial vehicle market saw a year-on-year decline of 4% in September. Among the top ten companies in September sales, six companies saw growth while four experienced declines. Three companies achieved double-digit growth, with Dongfeng Company, ranked sixth in sales this month, achieving a growth rate of 27%. Foton Motor also saw a sales increase of over 20% in September, reaching 25%, placing it among the top three in monthly sales of light commercial vehicles. Notably, SAIC Maxus topped the monthly sales chart with over 8,000 units sold, a year-on-year increase of 15%, achieving a monthly market share of 25.08%, marking the first time in 2021 that SAIC Maxus ranked first in monthly sales of light commercial vehicles. Additionally, Shenlong Bus made its debut in the top ten of monthly sales with 690 units sold. In terms of market share, the top ten companies accounted for a total of 95.32% of the market in September, with the top five companies holding a combined share of 75.25%. These five companies captured three-quarters of the light commercial vehicle market in September, with the top four companies each exceeding 10% market share. SAIC Maxus was the only company with a monthly share exceeding 20%, reaching 25.08%. The shares for the second to fourth ranked companies, Jiangling, Foton, and Changan, were 17.22%, 12.45%, and 11.82%, respectively, while Nanjing Iveco, ranked fifth in September sales, had a share of 8.69%. From January to September 2021, the light commercial vehicle market achieved a cumulative sales of 309,300 units, a year-on-year increase of 34%, with the cumulative growth rate narrowing by 8 percentage points compared to the previous eight months (+42%), selling about 80,000 units more than the same period last year. Among the top ten companies in September sales, all ten were in the growth range, with SAIC Maxus, ranked second in cumulative sales, achieving a cumulative sales of 59,600 units from January to September, nearly matching its total sales for the entire year of 2020 (59,700 units). The cumulative growth rate reached 57%, selling 21,600 units more than the same period last year. Chongqing Changan, Dongfeng Company, and Nanjing Iveco had cumulative sales growth rates of 51%, 45%, and 36%, respectively, outperforming the overall light commercial vehicle market. Jiangling Automobile, ranked first in cumulative sales, had a cumulative growth rate of 28%, selling 16,400 units more than the same period last year. From January to September 2021, the light commercial vehicle market achieved the only "eight consecutive increases" in the bus market. Although it faced its first decline of the year in September, the light commercial vehicle market has sold about 80,000 units more than the same period last year, which is roughly equivalent to more than two months of sales for the light commercial vehicle market. In 2020, the total sales of the light commercial vehicle market were 344,200 units, and with three months remaining in 2021, it is highly likely that the light commercial vehicle market will exceed last year's total sales after October. Will this indeed happen? We shall wait and see!

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The Yashang New Energy Company Trade Union is holding a themed photography competition titled "Celebrating the National Day of the Motherland • Affectionate Declaration of Love for the Motherland."

2021-11-01

Recently, to celebrate the 72nd anniversary of the founding of the People's Republic of China, promote the spirit of patriotism, and inspire employees' patriotic enthusiasm, the company's labor union organized a themed photography competition titled "Celebrating the Nation's Birthday • Affectionately Expressing Love for the Motherland." The event revolves around the theme "Celebrating the Nation's Birthday • Affectionately Expressing Love for the Motherland," aiming to showcase the beautiful landscapes of the country, the happy lives of its people, and the changes of the times through photographs. It reflects the magnificent mountains and rivers, national prosperity, social harmony, people's happiness, and the progress of the era, expressing love and deep affection for the motherland. The photography competition is open to all employees of the company, who actively participate, showcasing their unique perspectives of the country through their eyes and telling their patriotic stories with exquisite photos, deepening their love for the nation and celebrating the anniversary of the new China. It is reported that the company's photography competition has been held for six consecutive years and is one of the company's characteristic cultural brand activities, which is well-loved by employees. The company will continue to carry out cultural activities, innovate activity ideas, and stimulate the vitality of its characteristic brand cultural activities.

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The company delivered 5.9-meter Euro vehicles in bulk to Shangri-La, Ganzi.

2021-11-01

Recently, the company delivered a batch of 5.9-meter Euro 5 vehicles to the Shangri-La Tourism Transportation Co., Ltd. in Garze Prefecture, Sichuan Province (hereinafter referred to as "Shangri-La Transportation"), which will be used for customized passenger transport in the local tourism sector, further enhancing the level of passenger transport services in the area. Garze Tibetan Autonomous Prefecture in Sichuan Province is the main and central area of the second largest Tibetan region in China, Kham. Its capital, Kangding, is a historic plateau city with a unique climate and complex terrain, which places high demands on the power and safety of transport vehicles. Shangri-La Transportation is one of the first private enterprises to invest in tourism transportation in Garze Prefecture, primarily operating tourist charter services, and has a good reputation and wide influence in the local transportation industry. After multiple inspections and comparisons, customers chose Weichai Euro 5. The Weichai Euro 5 is equipped with the Italian VM technology Weichai RA428 engine, with a displacement of 2.8T and a torque of up to 420NM, providing strong power and quick and convenient after-sales service. The Euro 5 features a lightweight design with a full-bearing body structure, a front-engine rear-drive layout, which reduces weight while ensuring safety and power, achieving excellent fuel economy. The 5.9-meter model has a fuel consumption of about 9L per 100 kilometers, and the 7.5-meter National VI model has been included in the national 18th batch of vehicle and vessel tax exemption directory due to its outstanding fuel consumption performance. The Euro 5, with its excellent performance, provides customers with strong power and comfortable space, as well as energy-saving needs and safety guarantees, making it the top choice for customers' operational vehicles. With the continuous deepening of cooperation between the company and its customers, it will further promote the expansion of the Euro 5 in the local market and contribute to local passenger transport tourism.

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