In March, how did the sales performance of the domestic light bus market perform?
The first commercial vehicle network has recently learned that according to the data of the China Automobile Association (the caliber of the number of invoices issued by enterprises, the caliber of non-terminal sales, the same below), in March 2022, the mainland bus market (including chassis) sold 37,500 vehicles, an increase of 60.94% month-on-month and a year-on-year decrease of 27.79%. Among them, the light bus market sold 30,700 units, an increase of 55.51% month-on-month, down 32% year-on-year, and the decline rate expanded by more than 25 percentage points from the previous month (-6.36%), and the light bus market suffered from "three consecutive declines" this year.
In March 2022, the sales volume of 30,700 light buses in the entire bus market reached 81.67%, a narrowing of 3.1 percentage points from the previous month (the proportion of light buses in the bus market in February was 84.77%). So, what is the specific performance of the sales volume of the mainland chinese customer market in March this year? Take a look at the analysis of the first commercial vehicle network in this issue.
Looking at the sales volume and growth trend chart of light buses in March in the past five years, it can be seen that the light bus market in March in the past five years showed a trend of "increase-increase-decrease-increase-decrease". Among them, the sales volume of 26,000 vehicles in the light passenger market in March 2022 is at the lowest level in the past five years, nearly 20,000 vehicles less than the five-year high of March 2021 45,000 vehicles; sales in March 2018 were basically the same as sales in March 2019, but sales in March 2022 fell to 30,700 units, although it broke 30,000 units, but it sold more than 14,000 vehicles less than March 2021.
From the perspective of cumulative sales, from January to March 2022, the cumulative sales volume of 75,600 vehicles in the light passenger market was at the second highest level in 5 years, 21,000 units less than the cumulative sales of 96,600 vehicles in 2021, the highest in 2021, and the cumulative sales of 53,400 vehicles in March 2020 were also the lowest value in the past five years; and the cumulative growth rate showed a trend of "down-down-down-increase-decrease" in the past five years, with a cumulative increase of more than 80% in 2021 alone, and the remaining four years were negative growth.
In March, Jiangling won the championship, and the Golden Dragon led the rise by 21% The ranking of waist enterprises remained the same
As can be seen from the above table, among the top ten companies in the light bus market sales in March 2022, only three companies achieved growth. Among them, Xiamen Golden Dragon increased by 21% year-on-year, Jianghuai Automobile increased by 7% year-on-year, and Shenlong Automobile entered the top ten of the industry for the first time this year. Seven companies' sales were in a year-on-year decline, with the largest decline of 75%.
In March 2022, the ranking of the top ten companies in light passenger sales has not changed much. Specifically, compared with February, the top three are still controlled by Jiangling Motors, Chongqing Changan and SAIC Maxus, and Jiangling Motors is still in the first place, but the rankings of Chongqing Changan and SAIC Maxus are interchangeable, ranking second and third respectively. In February, Foton Motor, Nanjing Iveco and Xiamen Golden Dragon, which ranked fourth, fifth and sixth, still maintained their rankings; Xiamen Golden Travel jumped from the tenth place in February to the seventh place, and the ranking increased by three places, and Shenlong Automobile ranked tenth in March sales.
At the same time, the top ten companies in March 2022 of light passenger sales have also changed slightly compared with the cumulative sales in January and March, but they have not changed much. Specifically, Chongqing Changan, Jiangling Motors and SAIC Maxus ranked in the top three in cumulative sales, the sales gap between the top two was only 4 vehicles, and the competition for the championship could be described as a millimeter, and Chongqing Changan also achieved a 15% growth against the trend. The cumulative sales rankings of Foton Automobile and Nanjing Iveco remain unchanged from the March rankings, and remain in the fourth and fifth places. Among the remaining 5 companies, only Xiamen Golden Dragon sales increased by 11%, and the largest decline reached 56%.
The top three shares in the first quarter exceeded half Chongqing Chang'an has the highest cumulative proportion
From the perspective of market share, the total share of the top ten sales companies in March reached 97.19%, an increase of 1.7 percentage points from the total share of the top ten companies in February (95.49%). Among the top five companies, the market share has reached double digits, the total share of the top three has reached 54%, and the total share of the top five has reached 78%, and the five companies have eaten nearly 80% of the light passenger sales market in March, and the industry concentration has further increased.
From the perspective of cumulative share, the cumulative sales share of the top ten enterprises in January to March reached 96.1%, the cumulative share of the top five companies reached double digits, the sum of the cumulative share of the top three has reached 57.4%, and the cumulative share of the top five companies has totaled 80.16%, which is more than 80% of the cumulative market share in January to March this year. Among them, Chongqing Chang'an's cumulative share in the first quarter was 19.62%, accounting for the highest proportion.
epilogue
As the largest segment in the bus market, the sales volume of the light passenger market has a huge impact on the trend of the entire bus market. In March this year, although the light passenger market fell by 32% year-on-year, it increased by more than 50% compared with February, and it can be said that the light passenger market still has potential in various segments of the bus market. Can light passenger sales turn positive in April? Let's wait and see!