In the first half of the year, the growth rate of the automotive engine market exceeds 30%


According to the statistics of the China Automobile Industry Association’s “China Automotive Industry Production and Sales Alert”, in the first half of 2006, the total production of domestic automobile engines was 3.1896 million units, an increase of 34.76% over the same period of last year; a total of 3.167 million units were sold, an increase of 34.72% year-on-year. Just after half a year, the total passenger car production reached 2.6 million units and a year-on-year growth rate of 40.3%, making the demand for passenger car engines based on various types of gasoline engines equally strong. Due to the country's release of its own brand automobile policy guidance and the restrictions on vehicle parts and components tariffs, it also makes the domestic automotive engine market maintain a rapid growth trend. In addition, the steady growth of domestic commercial vehicles, especially passenger cars (the most eye-catching of the medium-sized bus market), has shown that the Chinese economy has gradually emerged from the characteristics of demand driven by fixed assets investment and capital construction investment. Really enter the consumer market stage.

Among the 50 companies in the statistics, there were 17 companies that produced more than 10,000 engines in the month of June, and there were 18 companies that produced 60,000 units in the first half of the year (averaging more than 10,000 units per month). Among these companies, there are no shortages of engine suppliers for various types of cars and MPV and SUV brands. The passenger car market has become clearer from the “top half of the report” (ranking corporate data).
In terms of vehicle diesel engines, the statistics of 25 companies completed production of 81.23 million units in the first half of the year. Although the monthly production in June was down by 20.04% from May, the diesel engine achieved a better year-on-year growth of 31.99% and a cumulative year-on-year increase of 13.45% in the month when the market was not very hot. The top 7 companies ranked in the cumulative production volume are Guangxi Yuchai, Dongfeng, FAW Group, Kunming Yunnei, Jiangxi Jiangling, Weichai, and Yangchai. The total output of the seven companies was 687,700 units, and the production concentration was 84.78%, which was a decrease of 1.72 percentage points from the beginning of January. In the first half of the year, the production concentration of the top 7 diesel engines experienced a rise and then fell. process. Among the leading enterprises, with the exception of Yuchai’s continued strong growth momentum, the leading companies including Dongfeng and FAW Group, due to the low performance of their entire vehicle products in the heavy and medium truck markets, have contributed to their matching engines. Market data also performed poorly. On the contrary, some companies belonging to the "second group", such as Jiangling, Nanjing Automobile Group, Shandong Laidong, Chengfa Group, etc., have maintained a high growth rate of 15% or more. It is worth mentioning that since Weichai and China National Heavy Duty Truck Group appeared in FAW's production and sales news respectively in May, the two companies have maintained their good performance. In addition, Shangchai’s cumulative negative growth rate of 35% is prominent among many companies; while the FAW-Volkswagen diesel engine’s rising momentum in the past two years has experienced a year-on-year negative cumulative growth of 7.47% in the first half of the year, reflecting the local governments’ The restrictions on diesel cars have hardly changed.

In terms of gasoline engines for motor vehicles, the statistics of 35 companies completed production of 2,375,700 units in the first half of the year, an increase of 43.99% over the same period of last year. In the month of June, there were 15 companies that produced more than 10,000 units. In the first half of the year, the cumulative production reached 60,000 units (with an average monthly production of more than 10,000 units). The top 10 companies with accumulated production are Liuzhou Wuling, Chang'an Group, Shanghai Volkswagen, Harbin Dongan Automobile Power, Beijing Hyundai, FAW-Volkswagen, Dongfeng, Chery, Shanghai GM and Shenlong. Liuzhou Wuling replaced the Changan Group, which has been ranked first since the beginning of the year, while Shanghai Volkswagen returned to the top three with solid and outstanding results. The total output of these 10 companies is 1,571,800 units, and the production concentration is 66.37%. The value of this indicator is still falling. Among the enterprises with large output, there are as many as five companies with cumulative production growth of more than 100%. They are Changan Ford, Harbin Dongan Automobile Engines, Dongfeng Nissan, Changan Suzuki and Shenyang Aerospace Mitsubishi; the cumulative output growth exceeds 50% (less than 100%). 8% of the companies are Chery, FAW Toyota (Tianjin), Shanghai Volkswagen, Liuzhou Wuling, Shenlong, Shenyang Aerospace Shinkong, Geely Group and Beijing Hyundai; other well-performing companies are: FAW-Volkswagen, JAC. Group, Mianyang Xinhua internal combustion engine.

From the perspective of the passenger vehicle market in the previous year, Shanghai Volkswagen secured the championship position in the basic passenger vehicle market. FAW-Volkswagen, Shanghai GM, Chery and Beijing Hyundai are closely following the brand effect and practical features. Passed by the vehicle to the engine market. In the MPV and SUV markets, due to the upgrading of the consumer structure, people’s travel abroad and preference for new models led to the rapid growth of the two markets in the first half of the year, resulting in the addition of some engine manufacturers’ own engines. Mitsubishi, Shenyang Aerospace Xinguang and Mianyang Xinhua internal combustion engines all performed well. What is most puzzling is that since the country adjusted the continual rise in automobile consumption tax and refined oil prices in April this year, it seems that the ultra-small-displacement vehicles that should benefit are not favored. Among the basic passenger vehicles, the fastest-increasing vehicles were those with 2.5-3.0 liters, 1.0-1.6 liters, 1.6-2.0 liters, and 2.0-2.5 liters of displacement. In the first half of the year, cars with 1.0 liters or less were To the -9.66% increase in treatment, the corresponding major engine manufacturers Harbin Dongan Automobile Power, Chang'an Group and FAW Xiali all have a cumulative negative growth of more than 10%, indicating that the consumer demand level in the Chinese auto market is increasing, high oil prices are really forced to retreat No one else is the entry-level low-level car consumer who is quite concerned about the use of the cost.



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