Engine Sales Pick up the Slack Quickly in the first Quarter
2009-04-21 Source：english.chinabuses.com
After reaching a record high in Mar. 2008, China’s auto sales volume once again hit the one million unit benchmark one year later.
Likewise, engines sales has been on a constant rise since the start of 2009 and exceeded one million units in the third month of the year.
In terms of gasoline engines, the combined production and sales volume in the first three months reached 1.7283 million and 1.7266 million respectively, down by 3.33% and 8.19% year on year.
Among the 40 surveyed makers of gasoline engine mounted vehicles, the top 15 include Chongqing Changan, Liuzhou Wuling Liuji, FAW-Volkswagen, Beijing Hyundai, Chery, Harbin Dong’an Automobile Engine Manufacture, Harbin Dongan Auto Engine, Dongfeng Nissan Passenger Vehicle, Shanghai GM Powertrain, Shanghai Volkswagen, Dongfeng Honda Engine, Geely, Shanghai Volkswagen Powertrain, Guangqi Toyota Engine and Shanghai GM Motors.
An analysis of the growing momentum of these enterprises shows that Shanghai Volkswagen Powertrain (up by 82.00%), Chongqing Yuan Huaihai Power (up by 75.71%) and Beijing Hyundai (up by 36.32%) and Chongqing Changan (up by 24.12%) were among the biggest winners. Besides, the data clearly indicate that the growth is largely attributed to the government’s favorable policies.
It is noteworthy that the cross type passenger vehicles registered the highest rise in its sales volume among other types of passenger vehicles while MPV went down by 15.41%. The statistics of the sales volume of engines indicate that engines less than 1.0 liter or those ranging between 1.0~1.6 liters saw the biggest rises, up by 26.52% and 20.78% respectively. In the meantime, engines above 4.0 liters or those ranging between 3.0~4.0 liters were the hardest hit, down by 93.68% and 60.49% respectively.
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