December 23, 2024

Benefited from multiple policies to stimulate steady growth in diesel sales in the first quarter

From January to March, China's auto production and sales volume increased steadily, creating conditions for the steady development of the domestic diesel engine industry. According to the latest data released by the China Association of Automobile Manufacturers, in the first quarter, the diesel engine industry in the country achieved a total of 1,115,800 diesel engine sales, an increase of 65.48% year-on-year, adding vitality to the rapid development of the Chinese auto industry in the new year.

In order to stimulate domestic demand and promote infrastructure construction, the state implemented a 4 trillion yuan investment plan last year. Some of these plans are being implemented intensively, and some have already begun to show signs of success. With the country’s unprecedented stimulus policies, the domestic truck and construction machinery market has been booming and has directly boosted the growth in sales of diesel engines. For example, in the January-March period of this year, the sales growth of diesel engines of Dongfeng Motor Co., Ltd.'s commercial vehicle companies reached 365.98%, respectively, which was the highest among the 25 domestic diesel engine manufacturers.

At the same time, along with the continuation of policies such as automobile going to the countryside, the domestic rural market has started rapidly and diesel engine companies that are close to the rural market have maintained a good momentum of development. For example, in the first three months of this year, the sales growth of diesel engines of Shandong Laidong Internal Combustion Engine Co., Ltd., Anhui Jianghuai Automobile Co., Ltd. and Mianyang Xinhua Internal Combustion Engine Co., Ltd. reached 36.78%, 147.72% and 194.45%, respectively, which contributed to the overall sales growth of the domestic diesel engine industry. An important force.

For a long time, energy and environmental issues have become more and more severe, and the demand for energy conservation and emission reduction in the automotive industry has been high. This has directly accelerated the dieselization trend of passenger cars such as SUVs and passenger cars, and has promoted the sales growth of related diesel engine companies. For example, from January to March this year, sales of diesel engines by Jiangxi Jiangling Motors Holdings Co., Ltd. and Great Wall Motor Co., Ltd. increased by 56.52% and 126.76%, respectively.

Industry insiders pointed out that the 4 trillion yuan investment plan and the automobile-to-countryside policy will all continue until the end of this year. The dieselization trend of passenger cars will not change in the short term. Therefore, the three factors that promote the steady growth of diesel engine sales in the first quarter of this year are It will continue to function throughout 2010. There is reason to believe that the stable growth momentum of the domestic diesel engine industry will continue for some time. With the advancement of time, the overall trend of the domestic diesel engine market will also become clearer this year.

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