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2. Higer Seat Buses
Table 4: Sales Growth Statistics Table of Higer Seat Buses in various lengths for buses in Jan.-Nov. 2010
|
Total
|
12<L
|
11<L≤12
|
10<L≤11
|
9<L≤10
|
Jan.-Nov.2010
|
13315
|
55
|
3064
|
1595
|
251
|
Jan.-Nov.2009
|
9670
|
51
|
1342
|
600
|
1331
|
Year-on-year growth
|
37.7
|
7.8
|
128.3
|
165.8
|
-81.1
|
Industry growth
|
40.9
|
-49.3
|
77.4
|
43
|
1.4
|
|
8<L≤9
|
7<L≤8
|
6<L≤7
|
5<L≤6
|
|
Jan.-Nov.2010
|
2467
|
3122
|
637
|
2124
|
|
Jan.-Nov.2009
|
1517
|
2855
|
1974
|
0
|
|
|
62.6
|
9.4
|
-67.7
|
100
|
|
Industry growth
|
46.7
|
16.6
|
1.2
|
132.9
|
|
Chart 4: Sales Growth Statistics Chart of Higer Seat Buses in various lengths for buses in Jan.-Nov. 2010
Shown above,
① The sales of King Long Bus seat buses increases 37.7%, almost 8 percentage less than the growth rate of the general bus market in Jan.-Nov.2010. It indicates that the growth of Higer seat buses is not the main factor for that of King Long Bus.
②The growth of Higer 11-12 meter seat buses reaches 128.3% in Jan.-Nov.2010 while 77.4% in the industry; 9-10 meter reaches -81.1% while almost 80 percentage less than in the industry. It indicates that Higer Bus is striving for large buses and the traditionally advantageous 9-10 meter buses is decreasing to a big degree.
③Higer Bus gets fast growth of extra large, 11-12m, 10-11m and 8-9m buses, in particular, the extra large buses (7.8%) while lower growth speed at the other lengths than that of the industry. The sales of the extra large buses is one of the main reasons for the profits of Higer Bus.
Analysis of Sales Growth of City Buses in Various Lengths in Jan.-Nov.2010 and Jan.-Nov.2009
1. The Sales Growth of City Buses in Various Lengths for the Bus Industry
Table 5: Sales Growth Statistics Table of City Buses in various lengths for buses in Jan.-Nov.2010 and Jan.-Nov.2009
|
Total
|
12<L
|
11<L≤12
|
10<L≤11
|
9<L≤10
|
Jan.-Nov.2010
|
54270
|
869
|
12910
|
12462
|
6426
|
Jan.-Nov.2009
|
46338
|
1045
|
9783
|
11052
|
6579
|
Year-on-year growth
|
17.1
|
-16.8
|
32
|
12.8
|
-2.3
|
|
8<L≤9
|
7<L≤8
|
6<L≤7
|
5<L≤6
|
|
Jan.-Nov.2010
|
8296
|
8706
|
2127
|
1721
|
|
Jan.-Nov.2009
|
7647
|
6929
|
2999
|
304
|
|
Year-on-year growth
|
8.5
|
25.6
|
-29.1
|
466.1
|
|
Chart 5: Sales Growth Statistics Chart of City Buses in various lengths for buses in Jan.-Nov.2010
Shown above,
The sales of city buses increases 17.1% in Jan.-Nov.2010. In lengths, the sales of buses at all lengths show positive growth, apart from 6-7 meter,9-10 meter and extra large buses,in particular, 5-6 meter buses (466.1% growth), which indicate the great potential of rural city bus market and 11-12m city buses.
2. Higer City Buses
Table 6: Sales Growth Statistics Table of Higer City Buses in various lengths for buses in Jan.-Nov. 2010
|
Total
|
12<L
|
11<L≤12
|
10<L≤11
|
Jan.-Nov.2010
|
4829
|
8
|
918
|
1504
|
Jan.-Nov.2009
|
3224
|
16
|
296
|
214
|
|
49.8
|
-50
|
210
|
602.8
|
Industry growth
|
17.1
|
-16.8
|
32
|
12.8
|
|
9<L≤10
|
8<L≤9
|
7<L≤8
|
|
Jan.-Nov.2010
|
747
|
1098
|
554
|
|
Jan.-Nov.2009
|
1740
|
579
|
379
|
|
|
-57.1
|
89.6
|
46.2
|
|
Industry growth
|
-2.3
|
8.5
|
25.6
|
|
Chart 6: Sales Growth Statistics Chart of Higer City Buses in various lengths for buses in Jan.-Nov. 2010
Shown above,
①The sales of Higer city buses increases 49.8% (1605 units more than in Jan.-Nov.2009) in the first eleven months in 2010 while 32.7 percentage higher than in the industry.
②The main growth shows at 10-11 meter (1290 units more),8-9 meter (519 units more),11-12 meter (622 units more) and 7-8 meter (175 units more).
③The sales of Higer city buses grow faster than that in the industry in Jan.-Nov.2009. Also, the positive growth of city buses leads to the increasing of Higer Bus.