China witnessed faster growth of the auto industry in Apr. than in Mar.. Both the output and sales of buses during Jan.-Apr. topped 100,000 units, the industry organization CAAM said.
The China Association of Automobile Manufacturers' statistics show that the production of buses in Apr. reaches 34,900 units, increasing by 26.77% M/M and by 21.8% Y/Y. The sales of buses in the same month increased by 10.13% M/M and by 14.83% Y/Y, to 32,200 units.
The table shows the performance in Apr.
Sector (of buses) output Y/Y M/M sales Y/Y M/M
Large-sized 4,405 +27.42% +46.35% 4337 +26.11%+54.40%
Medium-sized 6,321 -1.57% +22.29% 6401 -1.19% +27.43%
Mini 24,200 +28.76% +24.92% 21,500 +18.41%+0.26%
Total 34,900 +21.80% +26.77% 32,200 +14.83% +10.13%
During the first four months, the output and sale of the buses reached 109,200 units and 108,100, growing by 11% and 15.6%, separately. The sector of large-sized coaches outperforms other sectors, with an output of 14,000 units, an increase of 25.74% Y/Y. The outputs of medium-buses and mini-buses are 21,600 units and 73,600 units, with growth rates of 15.29% and 11.81% Y/Y. The large-sized buses increased by 22.53% Y/Y with sales reaching 14,000 units. The sales of medium and light sized buses also increased by 14.37% and 14.72%, separately.
The top ten bus manufacturers are:
Huachen Jinbei(Golden Cup)---21398 units
Nanjing Iveo---8187 units
Jiangling---8156 units
Yutong---6680 units
Xiamen Golden Dragon---5999 units
Southeast---5597 units
Shenyang Zhongshun---5494 units
Kinglong Suzhou---5245 units
Beiqi Foton---5117 units
Rongcheng Huatai---4331 units
These ten sold a total of 76,200 bus units during the first four months, accounting for 70.49% of the whole market volume.
