Analysis on China Bus Sales in August, 2015

www.chinabuses.org: According to the latest statistics released by China Association of Automobile Manufacturers (CAAM) in August, the country produced 43,449 units of buses, up by 5.61% against the data in the previous month and down by 14.10% year on year. In the same month, the nation sold 44,594 units of buses, up by 1.99% against the data in the previous month and down by 10.19% year on year. The year-on-year growth rate of sales of buses in August stayed in negative and even widened compared with last month's 8.78%. The sales volume of large, medium and light buses stood at 6,358 units, 6,665 units, and 31,571 units respectively, which account for 14.26%, 14.95% and 70.80% of the overall sales of the same month.

In August, China sold 6,358 large buses, including non-complete vehicles, down by 18.92% month on month and down by 9.92%year on year growth rate turning negative compared with +20.29% of last month. The top five sellers of large buses include Yutong, Higer, King Long, Foton and Zhongtong. The combined sales of the top five stood at 4,755 units, accounting for 74.79% of the total sales of large buses in the same month.

 
In August, China sold 6,665 units of medium buses, including non-complete buses, up by 2.74% month on month and up by 4.40% year on year. The top five winners are Yutong, Dongfeng, JAC, Higer and King Long. The combined sales of five reached 4,681 units, accounting for 70.23% of the overall sales of medium buses in the same month.

In August, China sold 31,571 units of light buses, including non-complete buses, up by 7.41% month on month and down by 12.81% year on year, slightly narrowed compared with last month's -13.15%. Jiangling, Brilliance, Dongfeng, Naveco and Golden Dragon ranked the top five bus makers. Their combined sales in  August registered at 17,661 units, accounting for 55.94% of the total sales of light buses in the same month.