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Large bus sales drop 32 percent in February

BEIJING – China sold 25,330 buses (including chassis) in February, down 22.08 percent on a yearly basis and 44.23 percent on a monthly basis, according to the latest statistics of China Association of Automobile Manufacturers (CAAM).

Large bus, medium bus and microbus all witnessed sales decline due to the traditional cold season brought by the Chinese Spring Festival holidays in February.

Output of buses (including chassis) in February also dropped 16.25 and 42.11 percent on a yearly and monthly basis to 26,784 units.

Large bus sales plummeted 32.43 percent year-on-year and 61.01 percent month-on-month in February.

Zhongtong Bus grabbed the No. 1 place in sales by selling 669 large buses with a skyrocketed growth of 248.44 percent. Xiamen Golden Dragon sold 455 units of large buses, up 51.16 percent. Yutong and Xiamen King Long ran neck to neck to the No. 3 place by delivering 362 units respectively, down 71.87 and 16.59 percent. Sales of Ankai Bus jumped 211.11 percent to 196 units, while that of the BYD Auto down 27.66 percent to 170 units.

Zhongtong and Ankai won the fasted year-on-year growth this February by increasing 248.44 and 211.11 percent. Youngman Bus, on the other hand, witnessed the greatest drop by selling 10 units only, down 84.06 percent.

Industry total of large bus sales through to February was 9,626 units, a decline of 0.61 percent compared with the same period of last year. The No. 1 to No. 6 winners in sales were Yutong (3,140 units), Zhongtong (1,418 units), Xiamen Golden Dragon (1,082 units), Xiamen King Long (1,074 units), Suzhou King Long (Higer) (695 units) and BYD (575 units).

Top 10 large bus manufacturers in sales in February (in units)

Make

Monthly sales ranking

Feb. sales

% Change

Jan.-Feb. 2016 sales

Jan.-Feb. 2015 sales

% Change

Monthly growth ranking

Total

N/A

2,707

-32.43

9,626

9,685

-0.61

N/A

Yutong

3

362

-71.87

3,140

2,969

5.76

9

Zhongtong

1

669

248.44

1,418

643

120.53

1

Xiamen Golden Dragon

2

455

51.16

1,082

815

32.76

3

Xiamen King Long

3

362

-16.59

1,074

1,050

2.29

5

Suzhou King Long (Higer)

8

119

-71.46

695

1,139

-38.98

8

BYD

6

170

-27.66

575

442

30.09

6

Beiqi-Foton

7

153

-44.77

410

622

-34.08

7

Ankai Bus

5

196

211.11

388

368

5.43

2

Shanghai Sunwin

9

60

42.86

205

105

95.24

4

Youngman Bus

10

11

-84.06

109

146

-25.34

10

Source: CAAM

 

 

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