{"id":5180,"date":"2024-02-25T07:40:50","date_gmt":"2024-02-25T07:40:50","guid":{"rendered":"https:\/\/globalautosources.com\/?p=5180"},"modified":"2024-02-25T07:40:50","modified_gmt":"2024-02-25T07:40:50","slug":"chinese-motorcycle-production-sales-continued-to-grow-in-october-2020","status":"publish","type":"post","link":"https:\/\/globalautosources.com\/?p=5180","title":{"rendered":"Chinese Motorcycle Production & Sales Continued To Grow In October 2020"},"content":{"rendered":"
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After the peak sales season in September, China\u2019s motorcycle production and sales saw a month-on-month decline in October, but still in the growth trend. Overseas markets recovered steadily and exports grew significantly year-on-year. The overall decline in production and sales continued to narrow compared with the same period last year.<\/p>\n

Production & sales<\/b><\/strong><\/p>\n

In October, the whole industry production and sales were 1,572,100 units and 1,561,300 units, with a month-on-month decrease of 15.96% and 16.53% and year-on-year growth of 4.65% and 6.95%, respectively. Among them, the production and sales of two-wheeled motorcycles were 1,353,300 units and 1,349,200 units, down 17.53% and 17.86% month-on-month and up 2.52% and 5.54% year-on-year; the production and sales of three-wheeled motorcycles were 218,800 units and 212,100 units, down 4.76% and 6.9% month on month and up 20.05% and 16.9% year-on-year. The production and sales of fuel motorcycles reached 1,294,400 units and 1,304,000 units, down 12.66% and 12.16% month-on-month and up 3.64% and 7.63% year-on-year, while that of electric motorcycles were 197,300 units and 187,000 units, down 36.13% and 40.26% month-on-month, with output up 2.3% and sales down 1.76% year-on-year..<\/p>\n

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From January to October, the entire industry recorded motorcycle\u00a0production and sales of 13,765,400 units and 13,830,700 units, a year-on-year decline of 1.83% and 0.66%, a narrowed decline of about 1 percentage point compared with the previous month. Among them, the production and sales of two-wheeled motorcycles reached 11,969,100 units and 12,043,700 units, with a year-on-year decline of 3.53% and 2.11%\u00a0respectively; the production and sales of three-wheeled motorcycles reached 1,796,300 units and 1,787,000 units, up 11.27%\u00a0and 10.36%\u00a0year on year, an\u00a0expanded growth of about 1 percentage point over the previous month.<\/p>\n

From January to October, the production and sales of fuel motorcycles reached 11.2509 million units and 11.344 million units, down 7.56% and 6.12% year on year, a narrowed decline of\u00a0about 1.5 percentage points compared with the previous month, while that\u00a0of electric motorcycles were 1,992,800\u00a0units and 1,978,100\u00a0units, with year-on-year growth of 33.27% and 33.38%.<\/p>\n

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From January to October, the production and sales of standard bikes were 6,059,900 units\u00a0and 6,087,400 units, decreasing\u00a011.02% and 10.04% year on year, a narrowed decrease of about 1 percentage point compared with the previous month. The production and sales of scooters totaled 4.249 million\u00a0units\u00a0and 4.2813 million\u00a0units, up 15.64% and 18.1% year-on-year. The production and sales of cubs totaled 1,660,300 units and 1,674,800\u00a0units, down 13.63% and 12.38% year-on-year. The sales of standard bikes, scooters and cubs\u00a0respectively accounted for 50.54%, 35.54% and 13.06% of the total sales of two-wheeled motorcycles. Compared with the same period the year before, standard bikes fell by 4.4%, scooters increased by 6.1%, and cubs\u00a0fell by 1.6%.<\/p>\n

From January to October, the production and sales of electric two-wheelers\u00a0were\u00a01,992,800\u00a0units and 1,978,100\u00a0units, with a year-on-year growth of 33.27% and 33.38%, respectively.<\/p>\n

From January to October, the production and sales of right three-wheeled motorcycles were 1,793,600\u00a0units and 1,784,300\u00a0units,\u00a0with year-on-year growth of 12.44% and 10.3%. Among them, the production and sales of cargo three-wheeled motorcycles were 1,588,100\u00a0units and 1,581,400\u00a0units,\u00a0up 11.02%\u00a0and 10.54% year-on-year;\u00a0the production and sales of\u00a0passenger three-wheeled motorcycles were\u00a0204,800 units and\u00a0202,200 units, increasing by 12.44% and 8.14%\u00a0year-on-year. From January to October, the sales of general passenger tricycles accounted for 11.33% of the total sales of three-wheeled motorcycles, while that of cargo\u00a0tricycles accounted for 88.63% of the total sales.<\/p>\n

From January to\u00a0October, the top ten motorcycle enterprises in sales were\u00a0Dachangjiang,\u00a0Zongshen, Lifan, Yinxiang, Wuyang-Honda, Dayang, Luyuan, Sundiro-Honda, Sunra, with respective sales of 1,581,500, 934,000, 857,000, 719,700, 659,800, 631,800, 600,200, 565,900, 538,100 and 469,200\u00a0units. These ten enterprises have sold a total of 7,557,200\u00a0units, accounting for about 54.64% of the total motorcycle sales.<\/p>\n

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Export<\/b><\/strong><\/p>\n

In October, although the overseas epidemic situation was still unclear, the overseas sales of Chinese motorcycles maintained\u00a0the trend of recovery. The motorcycle export increased significantly year on year, with narrowed decline in cumulative export volume.<\/p>\n

In October, the export of complete motorcycles was 672,300\u00a0units, down 13.36% month-on-month and up 23.3% year on year; the export value was USD394 million, down 7.47% month-on-month and up by 30.66% year-on-year. Among them, 630,100 two-wheeled motorcycles were exported, down 13.63% month-on-month and up 22.22% year-on-year. A total of 41,600 three-wheeled motorcycles were exported, down 9.12% month-on-month and up 42.26% year-on-year.<\/p>\n

From January to October, the total export volume of motorcycle manufacturers was USD3.809 billion, down 3.56% year on year. The export volume of complete vehicles was 5.525 million\u00a0units, down 4.52% year-on-year, with an export\u00a0value of\u00a0USD3.142 billion, down 4.99% from the same period last year. The export volume of motorcycle engines was 1,036,400 units, down 10.55% year on year, with an export value of USD163 million, down 0.4% from a year earlier. 200,000 ATVs were exported, with an export value of USD342 million, up 31.71% year-on-year. Motorcycle parts exports totaled USD163 million, down 26% year on year.<\/p>\n

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From January to October, the top ten enterprises in terms of motorcycle export volume were Loncin, Dachangjiang, Yinxiang, Zongshen, Lifan, Dayun, Haojin, Tayo, Sundiro-Honda, and Dayang. These ten enterprises exported a total of 3,361,900\u00a0million motorcycles, accounting for 60.85% of the total motorcycle export volume.<\/p>\n

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E<\/b><\/strong>conomic effectiveness<\/b><\/strong><\/p>\n

From January to September, the total industrial output value of motorcycle manufacturers reached 70.188 billion yuan, up 1.51% year-on-year; the industrial sales value was\u00a071.184 billion yuan, up 2.55% year on year; the industrial added value reached 14.149 billion yuan, up 13.08% year-on-year.<\/p>\n

From January to September, the sales-output ratio\u00a0of motorcycle manufacturers was 101.42%, 1.02 percentage points higher than the same period of last year, and 0.72 percentage points higher than that in\u00a0January-August.<\/p>\n

From January to September, motorcycle manufacturers achieved revenue\u00a0of 76.666 billion yuan, a year-on-year growth of 0.38%; the total profit was 2.931 billion yuan, down 1.99% year on year and 1.90%\u00a0more drop than that from January to August; the total profits and taxes reached 4.629 billion yuan, down 0.90% year-on-year.<\/p>\n

From January to September, the operating costs\u00a0of motorcycle manufacturers reached 69.711 billion yuan, up 0.68% year-on-year.\u00a0The taxes and surcharges were 627 million yuan, a year-on-year decrease of 6.32%;\u00a0sales expenses\u00a0were 2.573 billion yuan, down 3.22% year-on-year; administrative expenses were 3.544 billion yuan, down 0.84% year-on-year; R&D\u00a0expenses were 1.927 billion yuan, up 5.48% year-on-year;\u00a0financial expenses were 784 million yuan, up 44.43% year on year. These four types of expenses totaled 8.829 billion yuan, a year-on-year increase of 2.63%. (Source: China Chamber of Commerce for Motorcycle)<\/p>\n<\/div>\n<\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

After the peak sales season in September, China\u2019s motorcycle production and sales saw a month-on-month decline in October, but still in the growth trend. Overseas markets recovered steadily and exports grew significantly year-on-year. The overall decline in production and sales continued to narrow compared with the same period last year. Production & sales In October,…<\/p>\n","protected":false},"author":1,"featured_media":5181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[186,184],"tags":[],"_links":{"self":[{"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/posts\/5180"}],"collection":[{"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalautosources.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5180"}],"version-history":[{"count":1,"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/posts\/5180\/revisions"}],"predecessor-version":[{"id":5187,"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/posts\/5180\/revisions\/5187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/media\/5181"}],"wp:attachment":[{"href":"https:\/\/globalautosources.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalautosources.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalautosources.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}