Analysis of Sales Volumes of Yutong Bus from Jan. to Nov. 2009 Ⅰ

www.chinabuses.org: Part 1 Analysis of sales increase in bus industry between Jan.-Nov. 2009 and Jan.-Nov. 2008

　
1. Overall sales increase in each length 

 Table 1 Analysis of overall sales increase in each length Jan.-Nov. 2009

 

It can be observed that: 

Sales volume drops 4.04% year on year in first eleven months this year, and it is an overall decline (apart from 6-7-meter and 5-6-meter) since Jan -45.9%, Feb -41.5%, March -34.2%, April -32.7%, May -32.2%, June -33.65%, July -28.03%, Aug -21.3%, Sept. -13.54% and Oct. -10.66%. It shows that financial crisis is still influencing bus market, but the decline amplitude became smaller than previous months, and the recovery period is peeping. Super large buses which are over 12-meter long saw the biggest decline -31.3%, then it comes 11~12-meter -14.43%, 10~11-meter -13.38%, 6~7-meter +24.66%, 5~6-meter +4.16%, and 9~10-meter -1.96%.

2. Analysis of sales increase in each length Jan.-Nov. 2009

  Table 2 Statistics of overall sales increase of Yutong Bus in each length Jan.- Nov. 2009

 

Figure 2 Statistics of overall sales increase of Yutong Bus in each length Jan.- Nov. 2009

It can be observed that:

　　
a. Sales volume of Yutong bus fell 3.64% year on year, which was nearly 5% less decreased than the first ten months and nearly 0.4% less decreased than bus industry, indicating that Yutong, the leading bus brand, was also impacted by the financial crisis; in the meantime, the decrease of sales volumes in the first eleven months was largely curbed, much better than average performance of domestic bus builders.

b. There are increases as well as decrease in all lengths. And 11~12-meter large buses saw the most decline 14.36%%, nearly 6% less than the figure in the first ten months (-20.3%). It should be noted that 11~12-meter buses are traditional strong market for Yutong bus, and sales volume Jan.-March (-574 units) was down 37%, 5.7% less than average bus industry, Jan.- April (-1034 units)was down 38.9%, Jan.- May (-1038 units) was down 32%, 6% less than average bus industry, Jan.-June (-1172 units) was down 28.6%, nearly 10% less than average bus industry, Jan.- July  (-1440 units) was down 30.1%, Jan.-August (-1639 units) was down 25.7%, Jan.-Sept (-1033 units) was down 18.2%, Jan.-Oct. (-1288 units) was down 20.3%, Jan.-Nov. (-984 units) was down 14.36%. These figures indicate that sales volume in 11~12-meter large buses still declines but nearly 4.6% less than average bus industry. And sales volumes of 12-meter buses and 7~8-meter buses were both decreased by nearly 10% which was slightly better than sales volumes in the first ten months.

c. As the leading bus builders in China, Yutong’s sales volumes in super large buses were down 10.95%, while the counterpart figure in bus industry was largely down by 31.3%, and this can fully reflect Yutong’s ability. Their sales volume in 9~10-meter, 8~9-meter and 6~7-meter all increased, especially sales volumes in 9~10-meter are up 86.1%.

d. Sales volume of 11~12-meter (5870 units) was largely reduced, but it is still much better than Kinglong Bus, Golden Dragon Bus and Higer Bus, and the declining trend has been obviously controlled. 

Part 2 Analysis of sales increase of buses in each length between Jan.-Nov. 2009 and Jan.-Nov. 2008

1. Sales increase of coaches in each length

Table 3 Statistics of sales increase of buses in each length Jan.-Nov. 2009

 

It can be observed that:

Sales volume drops 1.89% for coaches in the first eleven months this year, which is slightly smaller than overall bus market; only super large buses, 5~6-meter and 6~7-meter buses saw increase, indicating that super large coaches are still increasing, but the base is not large, and 5~6-meter buses increased by 11.69%, 6~7-meter buses increased by 14.5%. Ten-eleven-meter buses saw the biggest decline, then it comes 9~10-meter, 11~12-meter, 5~6-meter, and 6~7-metre saw the smallest decline. It shows the decline of coaches contributes the main part of the overall decline in the first eleven months decline in 2009 and financial crisis posed huge influence on the coaches market in this period, but the influence is weakening gradually.