Analysis on China Bus Sales in 2014

www.chinabuses.org: According to sources, in Dec. 2014, production and sales of domestic bus are 67504 units and 69921 units, up by 17.16% and 24.44% respectively on the previous month and up by 11.51% and 14.84% on last year. The growth rate of sales growth increase sustainably compared with last month's 10.29%. In 2014, domestic buses sell 606918 units in total, respectively 84252 units of large buses, 79612 units of medium buses and 443054 units of light buses, sharing 2014 bus market of 13.88%, 13.12% and 73.00%.

Large Bus Sales:

In Dec. 2014, large buses sell 14515 units, up by a dramatic 122.01% on the previous month and up by 18.93% on the same period in last year. In 2014, large buses sell 84252 units, up by 3.15% on the same period of last year. The top 5 manufactures are Yutong, Higer, King Long, Golden Dragon and Foton, with a total sales of 56432 units, sharing 66.98% of the whole bus market sales
of 84252 units.

Large Bus Sales in 2014 (Unit: unit)

Seen from the above, in Dec.2014, large bus makes positive growth both on the previous month and the previous year. All the five manufactures make positive growth except Foton whose growth rate is -5.30%.

Seem from the whole year, Higer and King Long make negative growth, while Yutong, Golden Dragon and Foton exceed the growth rate of the market.

Medium Bus Sales:

In Dec. 2014, medium buses sell 9834 units, up by 21.81% on the previous month, down by 5.12% on the previous year. In 2014, medium buses sell 79612 units, down by 11.62% on 2013. The top five manufactures are Yutong, Dongfeng, Higer, JAC, King Long, with a total sales of 56484 units, sharing 70.95% of the whole medium bus market.

Medium Bus Sales  in 2014 (Unit: unit)

Seen from the above, in 2014 expect Yutong who makes a positive growth of 3.44%, all the top five manufactures make negative growth of 11.62% that medium bus market becomes the only section of the bus market grows downwards in 2014.

Light Bus Sales:

 
In Dec. 2014, light buses sell 45572 units, up by 9.61% on the previous month and up by 18.93% on the same period of 2013. In 2014, light buses sell 443054 units, up by 14.10%. The top five manufactures are Jinbei, Jiangling, NAVECO, Dongfeng and Foton, with a total sales of 297306 units, sharing 67.10% of the light bus market.

Light Bus Sales in 2014 (Unit:unit)


 

Seen from the above, except Dongfeng who make a negative year-on-year growth of -1.18%, all the top five manufactures makes positive growth on the same period of the previous year. As the largest section of bus market, sales of light bus increases by 14.10% becoming the most outstanding achievement in all market sections.