Position:analyst > analysis > China Sold 39,000 Units Buses in September,2021
China Sold 39,000 Units Buses in September,2021
According to the latest statistics released by China Association of Automobile Manufacturers (CAAM), China sold 39,000 units buses in September, up by 5.3% compared with that in August and down by 8.9% against that in September last year. In the same month, the sales volume of commercial vehicles decreased by 33.6% year on year.
More specifically, the sales volume of large-sized, medium-sized and light buses reached 3,000 units, 3,000 units and 32,000 units respectively. They all witnessed downward movements, with their growth rates recorded at -33.5%, -20.1% and -3.6% year on year respectively.
From January to September, China sold 372,000 units buses, up by 26% year on year. In the same period, however, the sales volume of commercial vehicles only went up by 0.5% year on year.
More specifically, the sales volume of large-sized buses reached 31,000 units in the first nine months this year, down by 13.9% year on year; that of medium-sized buses registered at 29,800 units, up by 6.4% year on year; that of light buses stood at 309,000 units, up by 33.8% year on year.
After maintaining positive growths for eight consecutive months, China’s bus sales saw some decline for the first time in September this year. In February this year, China bus sales recorded the highest year-on-year growth (204.4%) while in August, it recorded the lowest positive year-on-year growth rate (6.6%).
In June this year, China sold 53,000 units buses, the highest monthly sales in the first nine months. In March, China sold 52,000 units buses, which came as the second highest monthly sales this year.
It is also revealed by CAAM that the sales of large-sized new energy buses in the first nine months accounted for 50.2% of the total. The percentage of diesel- and gasoline-powered large-sized buses reached 46.7% and 2.6% respectively; in the medium-sized bus sector, the sales of those powered by new energy made up 45.1% of the total while those powered by diesel and gasoline accounted for 43.3% and 11.5% of the total respectively; in the light bus sector, however, the sales of those powered by new energy only made up by 5.8% of the total while those powered by diesel and gasoline accounted for 53.3% and 40.9% respectively.