Summarize:www.chinabuses.org:I Bus Industry Sales Growth Analysis by Comparison of the first 11 Months of 2011 and 2010
1. Overall Sales Growth Condition of Different Lengths
Table 1: Sales Growth Table of Different Lengths in the first 11 Months of 2011
|
Total
|
12<L
|
11<L≤12
|
10<L≤11
|
9<L≤10
|
First 11 months of 2011
|
211403
|
2721
|
41682
|
24698
|
11741
|
First 11 months of 2010
|
186215
|
1390
|
36808
|
22756
|
11064
|
Y-O-Y rise
|
13.5
|
95.8
|
13.2
|
8.5
|
6.1
|
|
8<L≤9
|
7<L≤8
|
6<L≤7
|
5<L≤6
|
3.5<L≤5
|
First 11 months of 2011
|
25684
|
32210
|
25944
|
16610
|
30113
|
First 11 months of 2010
|
23052
|
29364
|
25591
|
22913
|
13277
|
Y-O-Y rise
|
11.4
|
9.7
|
1.38
|
-27.5
|
126.8
|
Chart 1: Sales Growth Chart of Different Lengths in the first 11 Months of 2011
We can see from the above that:
Overall sales in the first 11 months of 2011 increase 13.5%. From the lengths we can see that sales of every length grow except 5-6 meters and it is the 11th consecutive growth, which means national economic environment keeps promoting the bus market. The max growth is 3.5-5 meters light bus; then over-12-meter super large bus and then 11-12 meters. The least growth is 6-7 meters bus. Growth in rural passenger transport market is slowing down, while light bus and super large bus are increasing.
2. Suzhou Higer Sales Growth Analysis of Different Lengths
Table 2: Suzhou Higer Sales Growth Table of Different Lengths in the first 11 Months of 2011
|
Total
|
12<L
|
11<L≤12
|
10<L≤11
|
9<L≤10
|
First 11 months of 2011
|
20731
|
207
|
5429
|
3180
|
1173
|
First 11 months of 2010
|
18294
|
66
|
4129
|
3099
|
998
|
Y-O-Y rise
|
13.3
|
213.6
|
31.5
|
2.6
|
17.5
|
Industrial rise
|
13.5
|
95.8
|
13.2
|
8.5
|
6.1
|
|
8<L≤9
|
7<L≤8
|
6<L≤7
|
5<L≤6
|
|
First 11 months of 2011
|
3533
|
3596
|
910
|
2703
|
|
First 11 months of 2010
|
3565
|
3676
|
637
|
2124
|
|
Y-O-Y rise
|
-9
|
-2.2
|
42.9
|
27.3
|
|
Industrial rise
|
11.4
|
9.7
|
1.38
|
-27.5
|
|
Chart 2: Suzhou Higer Sales Growth Chart of Different Lengths in the first 11 Months of 2011
We can see from the above that:
(1) Sales of Higer buses in the first 11 months of 2011 increase 13.3%, 0.2% less than industrial average, while sales of super large buses increase 213.6% and industrial average is 95.8%. Sales of 11-12 meters buses increase 31.5%, 18% more than industrial average; increase of 10-11 meters is 6% less than industrial average; increase of 9-10 meters is 11.4% more than industrial average, which means the increase of Higer is reasonable. However, sales of 7-9 meters decrease, which used to be advantage of Higer.
(2) Sales of super large buses reach 207 units, increasing 141 units over last year, which is the main reason for the growth of Higer bus sales.