China bus output and sales top 100,000 units during first 4 months

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.