The bus export market continues to hold high!
According to the latest data from China Bus Statistical Information Network, in April 2024, China's total passenger car exports will be 4,527, a year-on-year increase of 6.64% and a month-on-month decrease of 2.96%. In the same period last year, the base is high, the international market is changing background, passenger car exports to achieve this achievement is not easy.
Yutong Jinlong Zhongtong leads, Ouhui increases by more than 46 times year-on-year, and BYD has the highest month-on-month increase
Specifically, Yutong Bus ranks first in the industry with an export volume of 936 vehicles, with a market share of 20.68%.
Xiamen Jinlong ranked second with an export volume of 661 vehicles, an increase of 44.01% month-on-month, and a market share of 14.60%, demonstrating its steady development ability.
Zhongtong Bus ranked third with 550 exports, a year-on-year increase of 119.12%, a month-on-month increase of 3.97%, and a market share of 12.15%, demonstrating strong growth potential.
Among the top 10 exporters, half of them achieved year-on-year growth. The highest year-on-year growth is Foton Ouhui, reaching 4625%, and the year-on-year increase has doubled Zhongtong Bus and Yaxing Bus, which are 119.12% and 193.41% respectively. There were 6 companies with month-on-month growth, of which BYD was the highest, reaching 155.65%. There are only 4 companies that have achieved "double growth" year-on-year and month-on-month, namely BYD, Zhongtong Bus, Foton Ouhui and Yaxing Bus.
The industry increased by nearly 40% year-on-year, and half of the enterprises doubled year-on-year
From January to April 2024, China's total passenger car exports will be 16,396 units, a year-on-year increase of 39.68%, continuing to maintain a booming trend.
Specifically, Yutong Bus ranked first in the industry with an export volume of 3,534 vehicles, a year-on-year increase of 52%, and a market share of 21.55%, highlighting the "Matthew effect" of the strong and strong.
Zhongtong Bus ranked second with an export volume of 2,268 vehicles, a year-on-year increase of 112.76%, and a market share of 13.83%, with a strong development momentum.
Xiamen King Long ranked third with exports of 2,021 units, with a market share of 12.33%.
Among the top 10 exports, 7 achieved year-on-year growth, of which Jiangling Jingma had the highest growth rate of 404.91%, and the year-on-year increase of more than 100% also included Ankai Bus (329.17%), Zhongtong Bus (112.76%), Foton Ouhui (102.07%) and Yaxing Bus (195.57%).
Yutong Yaxing Zhongtong leads the export of large and medium-sized buses, Ouhui rose crazy year-on-year, and BYD won the championship month-on-month
If you look at the caliber of large and medium-sized (more than 7 meters) passenger car exports, in April 2024, the industry exported a total of 3,963 vehicles, a year-on-year increase of 32.28% and a month-on-month increase of 7.49%. Yutong Bus, Yaxing Bus and Zhongtong Bus won the top three.
Among the top 10 large and medium-sized bus exports, 6 achieved year-on-year growth, of which Foton Ouhui had the highest increase, reaching 187 times. The year-on-year increase doubled in Zhongtong Bus and Yaxing Bus, an increase of 105.28% and 307.63% year-on-year respectively. There are 5 companies with month-on-month growth, of which BYD has the highest growth rate of 155.65%, and it is also the only company that has doubled its month-on-month growth. There are only 4 companies that have achieved "double growth" year-on-year and month-on-month, namely BYD, Xiamen Jinlong, Foton Ouhui and Yaxing Bus.
In the first four months, the export of large and medium-sized buses exceeded 13,000 units, led by Yutong Zhongtong Yaxing, and nine enterprises increased year-on-year
From January to April 2024, the industry exported a total of 13,172 large and medium-sized buses, a year-on-year increase of 57.35%. Yutong Bus, Zhongtong Bus and Yaxing Bus won the top three.
Specifically, Yutong Bus ranked first with 3,521 units, a year-on-year increase of 51.96%, and a market share of 26.73%.
Zhongtong Bus exported 2,223 large and medium-sized buses, a year-on-year increase of 127.53%, and the market share was 16.88%, ranking second.
Yaxing Bus ranked third with 1,329 vehicles, a year-on-year increase of 371.28%, with a market share of 10.09%.
Among the top 10, 9 companies achieved year-on-year growth. The highest year-on-year increase was Yaxing Bus, reaching 371.28%, and the year-on-year increase doubled Ankai Bus (266.87%), Zhongtong Bus (127.53%), Foton Ouhui (106.41%), Jiangling Jingma (303.23%). Many of these companies are mainly related to their low base in the same period last year, so the data shows a sharp growth trend.
From the perspective of market share, the top 9 companies accounted for 94.93%, which fully illustrates the high concentration of the market and the significant "Matthew effect" of the industry. At the same time, Yutong ranks first in the industry, with a market share of nearly 1/3. The "Bangyan" Zhongtong Bus and "Tanhua" Yaxing Bus are both from Shandong Heavy Industry Group, and it is also the former "South Yang North Chat", how Shandong Heavy Industry's bus plate restructuring drama will be carried out and affect the industry pattern in the future, it is worth paying attention to.