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According to statistics from China Association of Automobile Manufacturers, in 2010, the production and sales of vehicle diesel engines in China reached 3.936 million units and 3.99 million units, respectively, and both production and sales volume broke the historical record. Among the 25 diesel engine companies that are counted by the China Association of Automobile Manufacturers, there are 10 companies that have monthly sales of more than 10,000 units. Like the heavy-duty truck industry, there is a high degree of concentration in the diesel engine industry. The top 10 companies in production and sales volume are 2010. In 2011, a total of 3.43 million diesel engines were sold, accounting for 85.92% of the industry. The top five companies sold a total of 2.43 million diesel engines throughout the year, accounting for 60.87% of the industry. Among them, Yuchai, FAW, and Weichai were among the top three with annual sales of 755,000 units, 535,000 units, and 447,000 units respectively, accounting for 43.49% of the market.
In terms of output, although Guangxi Yuchai still topped the list of 648,000 units, it produced 15800 units less than the total of 66.38 million units in 2009. Large-scale enterprises (annual output higher than 50,000 units), Great Wall Motor (annual growth rate 112.43%), Shandong Laidong (82.43%), Dongfeng Motor (77.30%), Weichai Holdings (71.27%) China National Heavy Duty Trucks (58.78%) and Jiangling Jiangling (55.99%) performed better; Kunming Yunnei experienced a larger negative growth (-24.77%).
In 2011, the economic growth momentum in the country has slowed down. The sales of diesel engine companies have a direct stake in the sales of their commercial vehicles. With the introduction of a series of regulatory measures to stabilize housing prices, investment in fixed assets will be affected, and the closely related heavy truck industry, especially the demand for construction vehicles, will decline, and related diesel engine companies will also be affected.
It is a common consensus in the industry that it is difficult to continue the high growth in 2010.
In the face of tightening in 2011, the rapid rise of second- and third-tier cities and rural economy and the introduction of energy-saving and new-energy automobile policies have brought about hope for development. As long as policy factors do not change, a steadily increasing 2011 diesel engine market Still worth the wait.
Yuchai is hard to find
According to statistics from China Association of Automobile Manufacturers, in 2010, Guangxi Yuchai Machinery Group Co., Ltd. achieved sales of diesel engines of 755,000 units, an increase of 12.01% over the same period of the previous year, with an average monthly sales of 62,885 units (the average monthly sales of the top 10 companies were 28,859 units). Steady status in the industry. The performance of Yuchai in early 2010 was more prominent, with sales of 246,400 units in the first three months, a year-on-year increase of 39.6%. After March, sales gradually slowed down until the July sales reached 44171 units. The second half of the year showed a gradual increase.
According to statistics, the accumulated engine sales of Yuchai reached 2.06 million during the “11th Five-Year Plan†period. This is the perfect ending for Yuchai’s “Eleventh Five-Year Planâ€, and at the same time it lays a solid foundation for the “Twelfth Five-Year Plan†to create “a hundred billion Yuan Yuchaiâ€. basis.
FAW double swords steadily increase
In 2010, China FAW Group achieved sales of 535,000 units of diesel engines, an increase of 16.09% year-on-year, ranking second in the domestic diesel engine industry. The overall sales of FAW are relatively flat and have little fluctuation.
The rapid development of Xichai and Dichai has achieved excellent sales performance of FAW. In 2010, the performance of Xi Diesel was gratifying and attracted the attention of the industry. Last year, Xichai diesel engine sales exceeded 400,000 units, an increase of 19% year-on-year. In addition, because its supporting FAW Jiefang J6 heavy truck has been fully recognized by the market, its sales volume was nearly 60,000 vehicles last year, and there will be great room for growth in the future. Benefiting from the hot sales of FAW heavy-duty truck products, Xichai will have a bigger future.
At the same time, Dachai’s sales performance is also remarkable, and the market share of domestic bus engines has increased significantly. In accordance with the overall development plan of FAW, the future Dachai will become the production base for quasi-heavy, medium-duty, light-duty trucks, passenger cars and construction machinery engines in Phase IV and later. In the future, the development speed of Dichai will be significantly improved.
The largest increase in Weichai
In 2010, Weichai Holding Group Co., Ltd. achieved sales of 447,000 units of diesel engines, an increase of 86.52% year-on-year. Sales volume ranked third in the domestic diesel engine industry, and there was little increase in the larger industry. For the whole year of 2010, besides significant growth in March, Weichai's sales trend remained relatively flat throughout the year, with an average monthly sales of 40,357 units.
In the field of domestic heavy-duty truck engines, Weichai has taken the leading position. In recent years, it has fully exerted its competitive advantage, not only continuing its good momentum of development, but also expanding its leading edge. After the reorganization of Weichai after Yangchai’s development, the momentum of development has been fiercer than before. Tan Xuguang, chairman of Weichai Group, once stated that in the next 5 to 10 years, Weichai Group should be built into an international enterprise group that is oriented toward complete vehicles and complete machines, and that power is always the core technology.
With the approval of the Ministry of Science and Technology, the new energy and power industry alliance for commercial vehicles and construction machinery jointly established by Weichai together with 18 companies including other enterprises, technical universities, and test institutions has begun operations. With technical support, Weichai will also develop rapidly.
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