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Position:analyst > statisticsdata > Light Bus Sales Down By 15% and Chassis Sales Down by 55% in October,2016

Light Bus Sales Down By 15% and Chassis Sales Down by 55% in October,2016

2016-11-17    Source:www.chinabuses.org
Summarize:www.chinabuses.org: Statistics show that China sold 27,489 units light buses (including non-whole vehicles), down by 3.21% month on month and down by 20.30% year on year. In August and September this year, the sales went down by 12.38% and 14.98% year on year.  
 
 
In October, the sales of light buses accounted for 65.63% of the total bus sales in China, a little bit higher than the percentage which stood at 64.54% in September. The sales of whole light buses stood at 25,318 units, down by 2.84% month on month and down by 14.65% year on year. The top five players in the light bus market were JMC, Jinbei, BAIC Foton, Naveco, and SAIC Datong. The combined sales volume of the five enterprises reached 18,310 units, accounting for 72.32% of the overall sales of light buses in China. For the detailed information of the five players, please refer to the Table 1 and Table 2 below. (M.G.R. = monthly growth rate; Y.G.R. = yearly growth rate)
 
 
Table 1. Percentage of Top Five Players in Light Bus Market in October
Companies JMC Jinbei BAIC Foton Naveco SAIC Datong Others
Percentage 23.36% 16.03% 11.95% 10.85% 10.13% 27.68%

Table 2. Sales of Top Five Players in Light Bus Market in October
  Oct. 2016 M.G.R. Y.G.R. Jan.-Oct.
2016
Jan.-Oct.
2015
Y.G.R.
Total 25,318 -2.84% -14.65% 257,017 299,817 -14.28%
JMC 5,914 -10.92% 38.73% 57,779 50,791 13.76%
Jinbei 4,059 -7.16% -24.50% 47,116 83,238 -43.40%
BAIC Foton 3,026 14.19% 29.59% 25,824 23,811 8.45%
Naveco 2,746 -10.06% -15.46% 29,052 32,095 -9.48%
SAIC Datong 2,565 4.23% 28.38% 22,100 14,540 51.99%
 
In October, the sales of non-whole light buses stood at 2,171 units, down by 7.34% month on month and down by 55.02% year on year. The top five players in the non-whole light bus market were Dongfeng, JAC, Forta, JMC and Dongfeng Nanchong. Together, they took the whole market of the non-whole light buses in China. For the detailed information of the five players, please refer to the Table 3 and Table 4 below. (M.G.R. = monthly growth rate; Y.G.R. = yearly growth rate)

Table 3. Percentage of Top Five Players in Non-Whole Light Bus Market
Companies Dongfeng JAC Forta JMC Dongfeng Nanchong
Percentage 66.79% 24.37% 8.34% 0.28% 0.23%
     
Table 4. Sales of Top Five Players in Non-Whole Light Bus Market in October
  Oct. 2016 M.G.R. Y.G.R. Jan.-Oct.
2016
Jan.-Oct.
2015
Y.G.R.
Total 2,171 -7.34% -55.02% 33,244 44,677 -25.59%
Dongfeng 1,450 7.01% -44.19% 17,561 22,962 -23.52%
JAC 529 -30.12% -54.63% 7,061 12,290 -42.55%
Forta 181 -18.83% -81.86% 8,475 9,070 -6.56%
JMC 6 -14.29% -80.00% 90 102 -11.76%
Dongfeng Nanchong 5 400% ---- 27 97 -72.16%
 
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