In August, the sales volume of internal combustion engines was 3.3062 million units, a year-on-year decrease of 9.96%

    According to statistics from the China Internal Combustion Engine Industry Association, in August 2022, the sales volume of internal combustion engines was 3.3062 million units, a month-on-month decrease of 14.67% and a year-on-year decrease of 9.96%. The power output reached 240,666,300 kilowatts, a decrease of 3.12% compared with the previous period and an increase of 27.14% year-on-year. From January to August, the cumulative sales volume of internal combustion engines was 28.714 million units, a year-on-year decrease of 12.02%. The cumulative power reached 1,786,068,800 kilowatts, a year-on-year decrease of 11.10%.

    By fuel type: In August, among the major categories of diesel and gasoline, diesel engines saw a month-on-month decline, but both year-on-year and cumulative declines remained significant, with the decline rate slightly narrowing compared to the previous month. The gasoline engine prices decreased both month-on-month and year-on-year, and the cumulative year-on-year decline was basically the same as that of the previous month. Specifically, compared with last month, diesel engines decreased by 4.26% and gasoline engines by 15.68%. Compared with the same period of the previous year, diesel engines decreased by 12.46% year-on-year, and gasoline engines decreased by 9.68% year-on-year. Compared with the same period of the previous year, diesel engines decreased by 32.71% year-on-year, and gasoline engines decreased by 8.80% year-on-year. In August, 324,500 diesel internal combustion engines were sold (including 14,900 for passenger vehicles, 122,300 for commercial vehicles, 58,300 for construction machinery, 97,200 for agricultural machinery, 3,100 for Marine use, 27,400 for power generation, and 1,300 for general use), and 2,981,000 gasoline internal combustion engines were sold. From January to August, the sales volume of diesel engines was 2.632 million units (including 127,700 units for passenger vehicles, 1.1619 million units for commercial vehicles, 560,100 units for construction machinery, 850,600 units for agricultural machinery, 27,400 units for Marine use, 208,600 units for power generation, and 11,500 units for general use), and the sales volume of gasoline internal combustion engines was 25.7449 million units.

    In August, among the comparable sub-market uses, the use of construction machinery saw a month-on-month increase, while the rest of the sub-markets all showed a month-on-month decline. Specifically, passenger vehicles decreased by 3.66%, commercial vehicles by 5.66%, construction machinery by 0.84%, agricultural machinery by 20.94%, Marine machinery by 9.08%, generator sets by 15.79%, garden machinery by 13.24%, motorcycles by 28.14%, and general machinery by 67.65%. Compared with the same period of the previous year, except for passenger vehicles and ships which saw year-on-year growth, all other classified uses showed varying degrees of decline. Specifically: Passenger vehicle usage increased by 33.69%, commercial vehicle usage decreased by 18.75%, construction machinery usage dropped by 27.55%, agricultural machinery usage declined by 37.02%, Marine usage grew by 30.47%, generator set usage decreased by 51.04%, garden machinery usage dropped by 48.83%, motorcycle usage decreased by 27.12%, and general machinery usage declined by 79.55%. Compared with the cumulative growth of the previous year, all categories of uses except for passenger vehicles showed negative growth year-on-year. Specifically: Passenger vehicle use increased by 1.78%, commercial vehicle use decreased by 43.64%, construction machinery use dropped by 23.35%, agricultural machinery use fell by 13.81%, Marine use by 0.20%, generator set use by 16.26%, garden machinery use by 30.40%, motorcycle use by 13.77%, and general machinery use by 32.97%.

    In August, 1.6491 million units were sold for passenger vehicles, 160,600 for commercial vehicles, 62,500 for construction machinery, 229,900 for agricultural machinery, 3,100 for Marine use, 85,900 for generator sets, 108,700 for garden machinery, 1,001,100 for motorcycles and 5,200 for general machinery. From January to August, the cumulative sales of passenger vehicles reached 11.7166 million units, commercial vehicles 1.4975 million units, construction machinery 610,400 units, agricultural machinery 2.9355 million units, Marine vehicles 27,400 units, generator sets 828,200 units, garden machinery 1.2183 million units, and motorcycles 9.7548 million units. 125,400 units were used for general machines.

    In August, the sales volume of single-cylinder diesel engines in the market increased month-on-month but decreased year-on-year, with the cumulative year-on-year decline still being relatively large. In August, 37,600 single-cylinder diesel engines were sold, a decrease of 21.08% month-on-month and 13.46% year-on-year. From January to August, the cumulative sales volume was 368,200 units, a year-on-year decrease of 33.94%. The top five enterprises are: Changchai, Sifang, Sanhuan, Jinfeiyu and Lifan Internal Combustion Engine. Among them, the sales volume of single-cylinder diesel engines mainly used in agricultural machinery was 34,400 units in August, a decrease of 25.30% month-on-month and 13.79% year-on-year. From January to August, the cumulative sales volume was 350,000 units, a year-on-year decrease of 34.50%.

    In August, the production and sales of commercial vehicles declined month-on-month, and the year-on-year decline was still relatively fast. The cumulative year-on-year decline was still large, which drove the multi-cylinder diesel engine market to fluctuate simultaneously. In August, the total sales volume of multi-cylinder diesel engine enterprises was 286,800 units, a decrease of 1.50% month-on-month and 12.33% year-on-year. From January to August, the cumulative sales volume was 2.5884 million units, a year-on-year decrease of 32.53%. Weichai, Yuchai, Quanchai, Yunnei, Jiangling, Xinchai, Jiefang Power, Fukang, Fengchao Power and Shangchai ranked among the top ten in terms of sales volume, accounting for 75.96% of the total sales volume of multi-cylinder diesel engines. In terms of market share: Weichai 14.23%, Yuchai 11.19%, Quanchai 9.99%, Yunnei 9.23%, Jiangling 6.84%, Xinchai 6.68%, Jiefang Power 4.89%, Fukang 4.44%, Fengchao Power 4.26%, Shangchai 4.21%.

    In August, the sales volume of multi-cylinder diesel engines for commercial vehicles was 122,300 units, a decrease of 7.93% month-on-month and 22.73% year-on-year. From January to August, the cumulative sales volume was 1.1619 million units, a year-on-year decrease of 47.37%. The top ten in terms of sales volume are Jiangling, Weichai, Fukang, Yunnei, Yuchai, Quanchai, Jiefang Power, Shangchai, Jianghuai and Dongkang, with their top ten sales volume accounting for 87.84% of the total sales volume. Jiangling continues to lead the market for multi-cylinder diesel engines used in commercial vehicles, with a share of 15.23%. Weichai accounts for 14.60%, Fukang for 9.89%, Yunnei for 9.47%, Yuchai for 8.48%, Quanchai for 8.11%, Jiefang Power for 6.63%, Shangchai for 6.18%, Jianghuai for 4.99%, and Dongkang for 4.26%. In August, the sales volume of multi-cylinder diesel engines for construction machinery was 57,800 units, increasing by 1.08% month-on-month but decreasing by 25.08% year-on-year. From January to August, the cumulative sales volume was 566,400 units, a year-on-year decrease of 22.91%. The top ten best-selling brands are Xinchai, Yunnei, Quanchai, Weichai, Yuchai, Caterpillar, Dongkang, Guangkang, Jiefang Power and Shangchai. The sales volume of these top ten brands accounts for 96.90% of their total sales volume.

    The production and sales of the main supporting passenger vehicle market in August slightly declined month-on-month but increased year-on-year. The cumulative production and sales have shown a growth trend. Influenced by this, the sales of multi-cylinder gasoline engines also showed a synchronous trend. In August, the sales volume of multi-cylinder gasoline engines was 1.6742 million units, a decrease of 3.39% month-on-month but an increase of 32.86% year-on-year. From January to August, the cumulative sales volume was 11.9318 million units, representing a year-on-year growth of 0.96%. Among the 51 multi-cylinder gasoline engine enterprises, ten companies including FAW-Volkswagen, Geely, Changan Automobile, Dongfeng Limited and Chery rank among the top in terms of sales volume, with their total sales accounting for 52.98% of the industry's total sales volume. The proportion of multi-cylinder gasoline engines used in passenger vehicles was 97.13%. In August, the sales volume was 1.6342 million units, a decrease of 3.55% month-on-month and an increase of 33.98% year-on-year. From January to August, the cumulative sales volume was 11.5889 million units, representing a year-on-year growth of 2.01%. Faw-volkswagen, Geely, Changan Automobile, Dongfeng Limited, Chery, SVOLT Power, Shangtong Wuling, Guangfeng Engine, Shanghai Volkswagen Power and BYD have relatively high sales rankings, with their total sales accounting for 54.54% of the total sales of passenger vehicles. Among them, Guangfeng Engine and BYD have seen relatively large cumulative growth.

    The industry mainly engages in import and export trade and is significantly affected by both internal and external environments, resulting in a considerable impact. In comparable terms, the sales volume of small gasoline engines in August decreased both month-on-month and year-on-year. In August, the sales volume of small gasoline engines was 382,800 units, a decrease of 30.86% month-on-month and 55.48% year-on-year. From January to August, the cumulative sales volume was 5.2384 million units, a year-on-year decrease of 21.18%. The top five enterprises in terms of sales volume are Loncin, Runtong, Huasheng, Lifan Internal Combustion Engine, and Suzhou Shuangma. Among the supporting agricultural machinery, the sales volume in August was 132,800 units, a decrease of 30.26% month-on-month and 51.23% year-on-year. From January to August, the cumulative sales volume was 2.0849 million units, a year-on-year decrease of 11.25%. In the field of supporting garden machinery, the sales volume in August was 108,700 units, a decrease of 13.24% month-on-month and 48.83% year-on-year. From January to August, the cumulative sales volume was 1.2183 million units, a year-on-year decrease of 30.40%.