October Automotive Engine Production and Sales Analysis

According to the latest issue of "China's auto industry production and sales news," statistics, in the first 10 months of 2011, the 56 domestic automobile engine companies included in the statistical scope, accumulatively produced 13.6221 million engines, accumulatively sold 13.8783 million engines, the same period in 2010 This was an increase of 0.13% and 0.37% respectively. Although the “golden nine silver ten” seasonal factors expected by the market in the previous period have risen in September, the overall situation of the market in October shows that this market situation has not been continued.

In October, the overall engine market output decreased year-on-year and month-on-month

From the engine production and sales data released by the China Automobile Industry Association, the production and sales volume of 1,380,800 and 1,420 million units were respectively completed in October, down 1.41% and 0.11% over the same period of 2010, respectively, and the year-on-year increase also declined; from the quarter-on-quarter increase Looking at, October's production and sales fell by 3.85% and 1.77%, respectively, compared with September. This was a sharp contrast to the double-digit increase in both sales and sales in September, and it also ended the upward momentum since August.

As of production statistics, as of the end of October, FAW-Volkswagen, SAIC-GM-Wuling, Chongqing Chang'an, Shanghai GM Powertrain, Dongfeng Nissan Passenger Vehicle, Chery, Liuzhou Wuling Liuji, and Shanghai Volkswagen were among the 56 vehicle engine companies. , Guangxi Yuchai, Beijing Hyundai, Shanghai Volkswagen Powertrain, FAW Group, Shenlong, Geely Holdings and Anhui Quanchai, ranked among the top 15 in terms of cumulative production volume in the previous 10 months. Compared with the previous month, the number of 15 members remained unchanged; the main change was that Liuzhou Wuling Liuji ranked 2 places ahead of schedule, and Shanghai Volkswagen Powertrain ranked 1st ahead. The relatively stable rankings above have laid the ground for the ranking of final rankings at the end of the year.

In terms of market size, since August, the growth rate of the production and sales volume of automotive engines has been no longer the same as the previous year, coupled with the overall sluggishness of the commercial vehicle market since 2011, and the number of companies that produced more than 50,000 units per month as of the end of October was the same as last month. At the same level, it remained at 6; the number of companies with an average monthly output of 20,000 units was 25 more than the previous month; the average number of companies with monthly production of more than 10,000 units was 43 and one less than the previous month. In October, the market maintained its high level of oscillation during the overall stabilization process, and the production concentration still had certain divergence characteristics. From this appearance, the transitional adjustment characteristics of the market in 2011 have become increasingly evident.

In terms of production concentration, the cumulative production of the top five companies is 26.32%, which is 0.10 percentage points higher than that in September; the production concentration of the top 12 companies is 49.83%, which is 0.07 percentage points higher than that in September. . Even if compared with the data of a year ago, the production concentration also increased in the first 5 and the first 12 levels. Although the increase is modest, it shows that although the overall market has remained at a high level of adjustment during the past year, the production structure has gradually developed in the direction of resource allocation, making the overall market stable under the new micro-structure.

The cumulative decrease in the production and sales of vehicle diesel engines in the first 10 months has increased

In terms of vehicle diesel engines, the 23 diesel engine companies included in the statistics for the first 10 months of 2011 respectively completed 2,947,800 units and 3,130,200 units of production and sales, which were 7.38% and 4.93% lower than the same period of the previous year, respectively, compared with September. The cumulative decline in production and sales has also increased.

Specifically, there were 11 diesel engine manufacturers with monthly production of more than 10,000 units, which was the same as last month. The rank order of the 11 enterprises by production volume is: Guangxi Yuchai, FAW Group, Anhui Quanchai, Weichai Holdings, Dongfeng Motor, Kunming Yunnei, Jiangxi Jiangling, Dongfeng Chaochai, Shandong Huayuan Laidong Diesel powered Yangchai and China National Heavy Duty Truck. Due to the relatively few changes in the diesel engine market, it is expected that this stable ranking will be maintained until the end of the year.

In terms of cumulative year-on-year increase in production volume, the performance in the first 10 months was relatively outstanding (only 11 diesel engine companies were simply counted, and the cumulative year-on-year increase was more than 10%). Weichai Power Co., Ltd. Yangchai (19.76%) ) and Jiangling Holdings (10.41%). Companies with more than double-digit declines in cumulative growth are China National Heavy Duty Truck (-33.09%), FAW Group (-18.82%), Dongfeng Chaochai (-18.53%), Weichai Holdings (-14.86%), Anhui Quanchai (-14.80%) and Guangxi Yuchai (-11.21%). The other three companies, Kunming Yunnei (4.30%), Shandong Huayuan Laidong (1.97%) and Dongfeng Motor (1.15%), maintained positive growth.

From the situation that the cumulative production and sales of the first 10 months are basically the same as in 2010, if companies keep the status quo and increase the adjustment of the product structure, it may be more conducive to the layout of the market in 2012.

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