Yuchai Strongly Regains the First Position in the Top 10 Vehicle Diesel Engine Markets in February


According to the latest production and sales news of China Automobile Industry Association, in February 2017, the domestic vehicle diesel engine market sold 314,162 sets, a year-on-year increase of 94.34%, and the increase was significantly larger than last month (+15.06%), an increase of 17.64% from January. The good market performance of vehicle diesel engines in February can be said to continue the rapid growth trend since the fourth quarter of 2016 (cumulative growth of 6.40% in January-October 2016, cumulative growth of 10.02% in January-December, and increase in January-December) 12.05%, an increase of 15.06% in January 2017, and a cumulative increase of 52.86% in January-February. Its main driving force stems from the hot sales of new cars brought about by the super heavy truck market in the domestic heavy truck market (in the first two months of this year, the sales of heavy trucks exceeded 80,000 units; in February, the sales volume reached 86,000 units, a year-on-year increase. Increased 146%).





In February 2017, the top ten companies in the automotive diesel engine market sold a total of 277,403 units, with a total share of 88.30%. The best performing diesel engine companies in the market are Guangxi Yuchai, Jiangling Holdings, and China National Heavy Duty Truck. The three companies have both increased by more than 100% year-on-year, and Yuchai delivered 48,651 units, a year-on-year increase of 251.88%. Strongly regained the long-lost monthly sales champion. Weichai, Yunnei Power, Beiqi Foton and FAW Group also performed well, with an increase of more than 90%.


Judging from the cumulative sales volume, the January-February 2017 automotive diesel engine market was booming. The top ten companies in sales volume all enjoyed high praise and triumph, and the cumulative growth rates of Yuchai, Weichai, and CNHTC each exceeded 100%. The lowest increase in Anhui Quanchai also increased by 8.93%.




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