Production and Sale of Auto Diesel Engine Declined

Production and Sale of Auto Diesel Engine Declined
Posted: 07/21/2014 09:07:38   Edited: 07/21/2014 10:07:03  Clicks: 3524
The production and marketing of automotive engine completed 1,655,305 units and 1,731,386 units respectively last month in China. In the first half of 2014, total 10,656,262 units were produced and 10,778,684 units were sold, growing by 7.86% and 7.86% respectively. The cumulative production and marketing increased, the yield decreased slightly, and the sales expanded.
 
Supply and demand markets of vehicle diesel engine met a big drop in June, with less than 0.2 million units of production and more than 0.22 million units of sales. Domestic production and marketing of automotive diesel engine in June achieved 193,963 and 222,878 units respectively. Total 1,860,771 units were produced and 1,886,780 units were sold in the first half of 2014, increasing by 0.37% and 1.04% respectively. The growing rate of production fell by 3.68%, as well as the 3.5% of decline for sales growing rate. The situation of supply and demand markets were harsh, thus the market outlook is not so optimistic.
 
From the view of specific enterprise, the top ten enterprises in sales of diesel engine were Yuchai, China FAW, Weichai, Jiangling, Foton, Dongfeng Auto, Quanchai, Yunneidongli, Dongfeng Commercial Vehicle and Jianghuai. These ten companies sold 182,771 units of diesel engine, accounting for 82% of the total sales.
 
For the sales of diesel engine in the first half of 2014, the top ten enterprises were Yuchai, Weichai, China FAW, Quanchai, Jiangling, Yunneidongli, Dongfeng Auto, Foton, Laidong, Sinotruk. They sold 1,607,586 units of diesel engine, accounting for 85.20% of the total sales. Among them, six companies maintained growth compared with last year.
 
Production and Sale of Auto Diesel Engine Declined in China

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