In June, the terminal market obviously recovered. Driven by the growth of automobile, construction machinery, agricultural machinery and other industries, the sales volume of internal combustion engine continued the growth of the previous two months, and the sales volume of that month increased by more than 10% year-on-year, which reached a new level, and the cumulative decline in sales continued to narrow.

According to data from the China Internal Combustion Engine Industry Association's "China Internal Combustion Engine Industry Sales Monthly Report", according to comparable standards, sales in June were 4.1052 million units, an increase of 4.88 percent from the previous month and a year-on-year increase of 13.63 percent; cumulative sales from January to June were 19.5614 million units, a year-on-year increase of -12.84%, 5 percentage points narrower than the previous month's decline.

It is particularly worth mentioning that due to the rapid growth for three consecutive months, from January to June, the sales of internal combustion engines for commercial vehicles, construction machinery, and agricultural machinery have exceeded the level of the same period last year; marine internal combustion engines have also performed well, starting in May The force grew rapidly in June, and its sales from January to June also exceeded the level of the same period last year.

Overall Overview of Sales:

In June, sales of 4.1052 million internal combustion engines increased by 4.88 percent month-on-month and 13.63 percent year-on-year. Power completed 236.3198 million kilowatts, up 3.97 percent month-on-month and 39.43 percent year-on-year.

From January to June, the cumulative sales volume of internal combustion engines was 19.5614 million units, up -12.84% year on year. Cumulative power reached 1082.8427 million kilowatts, up -4.68% year on year.

Fuel type:

In June, in the major categories of diesel and gasoline, the sales volume of diesel engines decreased slightly from the previous month, with a high growth year-on-year, and the cumulative sales volume showed positive growth year-on-year; the month-on-month and year-on-year growth of gasoline engines were both slightly increased, and the cumulative year-on-year decline narrowed by 5 percentage points. Specifically: compared with the previous month, diesel engines increased by -3.45 percent and gasoline engines increased by 6.39 percent; compared with the same period last year, diesel engines increased by 45.90 percent and gasoline engines increased by 9.60 percent. Cumulatively compared with the same period last year, diesel engines grew 4.76 percent year-on-year and gasoline engines -15.47 percent year-on-year.

In June, 572600 diesel internal combustion engines were sold and 940000 gasoline internal combustion engines were 352 sold. From January to June, diesel engines sold 2.9526 million units and gasoline internal combustion engines sold 16.5895 million units.

Use of sub-market:

In June, in the sub-use market comparable caliber, commercial vehicles, construction machinery, general machinery decreased month-on-month, the rest increased slightly. Specifically, passenger cars grew by 7.67 per cent, commercial vehicles by -0.05 per cent, construction machinery by -16.10 per cent, agricultural machinery by 1.53 per cent, ships by 11.76 per cent, generator sets by 17.25 per cent, garden machinery by 33.44 per cent, motorcycles by 1.48 per cent and general machinery by -46.01 per cent.

Compared with the same period last year, motorcycle and general machine use decreased year-on-year, while other classified uses increased to varying degrees. Specifically, passenger cars grew by 25.69 per cent, commercial vehicles by 70.28 per cent, construction machinery by 54.29 per cent, agricultural machinery by 52.89 per cent, ships by 31.42 per cent, generator sets by 15.17 per cent, garden machinery by 18.32 per cent, motorcycles by -14.41 per cent and general machinery by -52.99 per cent.

Compared with the previous year, the decline in each category continued to narrow, with positive growth for commercial vehicles, construction machinery, agricultural machinery and ships. Specifically, passenger cars grew by -16.62 per cent, commercial vehicles by 10.89 per cent, construction machinery by 8.70 per cent, agricultural machinery by 7.15 per cent, ships by 3.60 per cent, generator sets by -2.00 per cent, garden machinery by -7.19 per cent, motorcycles by -20.22 per cent and general machinery by -34.82 per cent.

In June, 1.6593 million passenger cars, 375400 commercial cars, 86300 construction machinery, 388200 agricultural machinery, 3700 ships, 130000 generator sets, 233600 garden machinery, 1.2148 million motorcycles and 14000 general machinery were sold.

From January to June, a total of 7.2283 million passenger cars, 1.784 million commercial vehicles, 466000 construction machinery, 1.9069 million agricultural machinery, 15700 ships, 565000 generator sets, 1.0565 million garden machinery, 6.4254 million motorcycles and 113600 general machinery were sold.

Main varieties according to single, multi-cylinder sub-use situation:

Single-cylinder diesel engine market sales in June slightly increased month-on-month, year-on-year, cumulative year-on-year are slightly lower. In June, single-cylinder diesel engines sold 79300 units, up 0.20 from the previous month and -3.11 from the same period last year. From January to June, the cumulative sales volume was 458300 units, up -9.90 year-on-year. The top five enterprises are: Changchai, Wisdom Agriculture, Sifang, Sanhuan and Huayuan Laidong. Single-cylinder diesel engines mainly used in agricultural machinery sold 76300 units in June, up 0.32 percent from the previous month and -3.82 percent from the same period last year. From January to June, the cumulative sales volume was 444000 units, up -10.03 percent from the same period last year.

The commercial vehicle market, which is mainly supported by multi-cylinder diesel engines, has increased significantly year-on-year, driving the multi-cylinder diesel engine market to also see a large increase. In June, multi-cylinder diesel engine enterprises sold a total of 493300 units, up -4.01 percent from the previous month and 58.80 percent from the same period last year. From January to June, the cumulative sales volume was 2.4943 million units, up 7.99 percent from the same period last year. It is particularly worth pointing out that Yunnei, Shangchai, Yituo Luoyang, Guangkang, etc. have all increased by more than 30% year-on-year. According to enterprises, the top 10 sales of Weichai, Yuchai, Yunnei, Jiefang Power, Quanchai, Jiangling, Fukang, Xinchai, Dongkang and Shangchai account for 78.45 of the total sales. Market share: Weichai 19.33, Yuchai 10.49, Yunnei 10.47, Jiefang Power 7.89, Quanchai 7.26, Jiangling 5.60, Fukang 5.48, Xinchai 5.38, Dongkang 4.06 and Shangchai 2.48.

In June, the sales volume of multi-cylinder diesel engines for commercial vehicles was 319100, up 0.64 per cent from the previous month and 63.32 per cent from the same period last year. From January to June, the cumulative sales volume was 1.5191 million, up 6.26 per cent from the same period last year. The top 10 sales volume are Weichai, Yunnei, Jiefang Power, Yuchai, Jiangling, Fukang, Quanchai, Dongkang, Jianghuai and Dongfeng commercial vehicles, with the top 10 sales volume accounting for 88.30 of the total sales volume. Weichai leads the market share of multi-cylinder diesel engines for commercial vehicles, accounting for 22.95, followed by Yunnei 11.65, Jiefang Power 10.74, Yuchai 10.27, Jiangling 9.19, Fukang 9.00 and 4.64, dongkang 4.54%, Jianghuai 2.68%, Dongfeng commercial vehicle 2.63%.

In June, the sales volume of multi-cylinder diesel engines for construction machinery was 78100, up -18.02 percent from the previous month and 51.55 percent from the same period last year. From January to June, the cumulative sales volume was 431400, up 8.71 percent from the same period last year. The top ten sales are Xinchai, Weichai, Yunnei, Quanchai, Yuchai, Guangkang, Dongkang, Caterpillar, Shangchai and Jiefang Power. Its top 10 sales accounted for 96.22 per cent of its total sales.

The production and sales of passenger cars mainly supporting multi-cylinder gasoline engines continued to pick up in June, with growth both month-on-month and year-on-year. Affected by this, the sales volume of multi-cylinder gasoline engines increased month on month, and the cumulative year-on-year decline continued to narrow. Sales of 1.6909 million units in June, up 7.16 percent month-on-month and 26.62 percent year-on-year, and 7.4033 million units in January-June, up -15.69 percent year-on-year. Among the 55 multi-cylinder gasoline engine companies, FAW-Volkswagen, Zhejiang Geely, SAIC-GM-Wuling and other ten sales ranked in the forefront, and their overall sales accounted for 57.20 of the industry's sales. Passenger cars accounted for 96.49 per cent of multi-cylinder gasoline engines, with 1.6352 million units sold in June, up 7.54 per cent from the previous month and 24.62 per cent year-on-year, and 7.1438 million units sold in January-June, up -16.84 per cent year-on-year. The cumulative sales decline range of enterprises is mainly concentrated in 0% to-20%, the decline has been significantly better than last month.

Affected by the epidemic and trade frictions, the small gasoline engine industry, which is mainly doing import and export trade, has a greater impact. In the comparable caliber, June small gasoline engine sales month-on-month, year-on-year growth, the cumulative year-on-year from negative to positive. Sales of 803500 units in June, up 13.90 percent month-on-month and 52.79 percent year-on-year, and 3.4806 million units in January-June, up 6.26 percent year-on-year. The top five enterprises in sales are Runtong, Loncin, Huasheng, Lifan internal combustion engine, Shuangma mechanical and electrical. Among agricultural machinery, the sales volume in June was 265100 units, up 6.86 from the previous month and 82.48 from the same period last year. From January to June, the cumulative sales volume was 1.1316 million units, up 12.18 percent from the same period last year. In the field of garden machinery, 233600 units were sold in June, up 33.44 from the previous month and 18.32 percent from the same period last year. From January to June, the cumulative sales volume was 1.0565 million units, up -7.19 percent year on year.