Diesel engine 2011 lack of power sales

According to the data of China Automobile Industry Production and Sales in the 12th period of 2011, from January to November 2011, China's vehicle diesel engine companies achieved a total of 3,268,094 units of production, sales of 3,447,945 units, and 3,540,297 units of production in the same period of 2010 and 3,630,739 units. Taiwan’s sales volume was down 7.7% and 5.0%, respectively, and diesel was the worst performing fuel type engine in the automotive engine industry. The data shows that in 2011 the automotive diesel engine market was quite sluggish.

● Output data analysis A total of 56 automotive engine companies were included in the statistical coverage of “China's auto industry production and sales newsletter”, of which 23 were diesel engine companies, accounting for 41% of the total. From January to November 2011, the total number of engines produced by automotive engine companies was 15,177,098 units, which was a year-on-year decrease of 0.21 percentage point. The output was basically the same as that of the same period of 2010. Among them, vehicle gasoline engine companies produced 11,901,629 units in January-November, a year-on-year increase of 2.1%. The output of engines outside the vehicle's gas-free diesel engines was 7,375 units in January-November, a year-on-year increase of 1.7%. However, the output of vehicle diesel engine companies is the only fuel type engine that has experienced a decline. From January to November 2011, 23 automotive diesel engine companies that included the statistical coverage of “Production and Sales News” produced a total of 3,268,094 diesel engines, which accounted for 21.5% of the total engine output, which was a decrease of 7.7% year-on-year.

From January to November 2011, the output of automotive diesel engines generally declined, resulting in a decline in output across the industry. Even though the output of the top ten companies was higher than that of the same period in 2010, there were only two companies, one was flat, and there were as many as seven companies. The two growth companies are Beiqi Foton and Jiangling Holdings. Beiqi Foton is also the fastest growing producer of diesel engines for 23 companies, an increase of 77.3%, which is quite attractive in the depressed market for automotive diesel engines. At the same time, this is also the first time that Beiqi Foton has entered the list of top ten enterprises for production. However, the output of Weichai Diesel Engine Co., Ltd., despite an adverse market growth of 17.2%, has been squeezed out of the top ten by producing less than 8,900 units of Beiqi Foton. .

From the point of view of the entire automotive diesel engine industry, with the exception of Yunnei Power's output, which is basically the same as in 2010, 11 of the remaining 22 companies have achieved growth in output, and 11 have decreased their output. the same.

Although the number of companies with increased production volume is the same as that of declining companies, seven companies in the top ten have declined. Due to their huge output base, the total output of the industry has dropped by 7.7 percentage points. Nine out of the eleven enterprises with output growth are ten companies after the tenth, indicating that the production of diesel engines for automobiles has been trended to be average in reverse scale in 2011. The entire industry has shown the rapid growth of small enterprises and the characteristics of large enterprises have slightly declined. . Of course, this trend this year has little effect on the concentration of production in the industry.

● Sales data has "spring and autumn"

From January to November 2011, the sales volume of vehicle diesel engines was 3,447,945 units, a year-on-year decrease of 5.0%, which was in sync with the declining production trend.

Judging from the automotive diesel engine business, Yuchai, China FAW, Quanchai, Weichai, Dongfeng Automobile, Yunnei Power, Jiangling Holdings, Dongfeng Chaochai, Shandong Huayuan Laidong, and Beiqi Foton ranked among the top ten in sales. The top ten companies in production are exactly the same. Its sales volume was 665,094 units, 421,639 units, 342,434 units, 331,181 units, 210,330 units, 206,176 units, 179,981 units, 175,948 units, 158,757 units, and 130,578 units respectively, accounting for 19.3% and 12.2% of the total sales volume of automotive diesel engines, respectively. 9.9%, 9.6%, 6.1%, 6.0%, 5.2%, 5.1%, 4.6%, 3.8%.

The above-mentioned 10 companies sold a total of more than 2.82 million diesel engines, accounting for 81.9% of the total diesel engine sales. From January to November 2011, compared with the same period of last year, there were three companies with sales growth in diesel engines, and there were seven companies with a decrease in sales. Among the top ten companies, the growth in sales volume of enterprises ranked in order of increase: Beiqi Futian, an increase of 72.0%; Jiangling Holdings, an increase of 7.5%; Shandong Huayuan Laidong, an increase of 0.3%.

Among them, compared with the same period in 2010, Shandong Huayuan Laiwu’s growth rate dropped by 5 percentage points, losing the momentum of strong growth. Among the top ten companies, the decline in sales volume of companies in descending order of magnitude was: Weichai Power decreased by 16.1%, Dongfeng Chaochao decreased by 15.9%, Quanchai decreased by 15.1%, China FAW fell by 14.4%, and Yunnei Power dropped by 6.2%. Chai fell 4.3%, Dongfeng Motor fell 0.6%. It can be seen that the top 10 companies with a decline of over 10% have as many as four companies, all of whom are leaders in the industry. The sluggish state of the automotive diesel engine industry in 2011 is evident.

From the perspective of the entire industry, from January to November 2011, there were 11 vehicle diesel engine companies achieving sales growth, which is exactly the same as that of output growth. Among them, Chengdu Chengfa Automobile Engine Co., Ltd. has the fastest growth rate, an increase of 72.9%, followed by Beiqi Futian and Mianyang Xinhua. The top three companies in terms of sales volume are exactly the same as those in the top three companies in terms of output growth, reflecting the high correlation between the production and sales of vehicle engines. Similarly, despite the general decline in sales volume of the top ten companies in sales, although sales of 11 companies have increased, the sales volume of the entire industry is not optimistic.