This year's total output value of the internal combustion engine industry or achieve double-digit growth

It was learned from the China National Internal Combustion Engine Industry Association yesterday that, driven by the steady growth in the external demand market, the overall operation of the internal combustion engine industry in the country is relatively good. It is expected that the total output value of the whole industry will achieve double-digit growth this year.

According to the latest data from the association, although the overall growth rate of the internal combustion engine industry has slowed down significantly since the beginning of this year, it is still at a normal level so far.

Data show that from January to August, the national total output value of the internal combustion engine industry was 99.525 billion yuan, a year-on-year increase of 23.63%; and the accumulated sales value was 98.632 billion yuan, a year-on-year increase of 24.48%.

For now, the growth rate of 23.63% is obviously slower than the growth rate of 34% in 2010. In this regard, the association sources said that in 2010 the internal combustion engine industry is in a period of rapid growth and sales boom. According to the association's sources, the production and operation of many enterprises in the industry last year belonged to the state of “no rest on Saturdays and no guarantees on Sundays”. Some company employees could not even rest for a few days a year.

It is because of the anticipated market slowdown in 2011 that many companies have opened up new channels. According to industry sources, a clear trend in the internal combustion engine industry this year is that sales in foreign markets are positive. According to the Jianghuai Power Semi-annual Report, the sales of diesel engines and gasoline engines in the overseas market during the first half of the year increased significantly, achieving an operating income of 660 million yuan, an increase of 100.34% over the same period of last year.

According to the statistics of the association, from January to August, the internal combustion engine industry achieved an export delivery value of 6.458 billion yuan, with a cumulative growth rate of 33.27% year-on-year.

According to the association’s introduction, a new trend in the internal combustion engine industry this year is that the market for small general machinery continues to increase. This understanding shows that “as an important driving force for small-scale farming machines, small generator sets, small pump units, motorized sprayers, windrowers, motor threshers, garden power machines, chain saws and other industrial-type power machinery, recreational facilities, and small-scale shipboard power. Source - a small-scale gasoline engine, there is a large room for future development."

Looking at the industry situation throughout the year, the association’s sources stated that it is expected that the total output of internal combustion engines will increase by 8%-10% in 2011, and the total output will be 78 million units, of which the growth rate of vehicle gasoline engines will be 10%; The growth rate of 11%; low-speed trucks, general gasoline engines increased by 10%; gasoline engine for motorcycles by 5%; other products increased by 8%.