Investment adviser in the automotive industry one analyst pointed out that from 2009 the first two months of data, engine manufacturers in China are gradually out of the woods, clear signs of market recovery engine. Investment Advisor in the data analysis showed that the major engine companies in China in early 2009 monthly production order or a very eye-catching: FAW Wuxi Diesel in January monthly production increased from 5,000 to more than one million or more, at over 200%; Weichai 2 month of the engine market orders more than 30,000 units or more, and in March it is up to 4 million units, reaching the highest level in history; Yuchai in February to win the engine of orders close to 6 million units in March also made orders will return to the same period of 2008 levels; China Heavy Truck Hangzhou fat production and sales are expected in March to a record high.
Major companies from the February sales of the engine practical point of view, Laidong Shandong, Anhui, all wood, Jiangxi Jiangling, Kunming Yunnan, the Yang Cai and so few for light trucks and agricultural vehicles supporting the enterprises have been more substantial growth. Can be seen, the market is really on a warming condition but the extent of warming is different.
Engine performance of downstream sectors automotive market is strong proof Lisheng Mao's point of view. Investment Advisor in the Research Center of Industry data shows that in February auto production and sales both more than 800,000, and sales over the previous year, the chain have seen substantial growth.
February, 807,900 vehicle production, growth of 22.96 percent, an increase of 23.08%; sales of 827,600, growth of 12.43 percent, up by 24.72%. Among them, the commercial sales market quickly pick up, production and marketing chain growth up to 60%. February production of 216,600 commercial vehicles, growth of 63.
88 percent, up by 17.17%; sales 220 300, growth of 75.54 percent, up by 26.09%. 1.6 and below passenger car sales market continued to maintain strong growth. Production of 591,300 passenger cars in February, growth of 12.66%, up 25.40 percent; selling 607,300, lower than the previous 0.54%, up 24.23 percent.
Displacement of 1.6 liters and below, sold 434,300 passenger cars, growth of 2.16%, up 43.81 percent. Investment Advisor in the auto industry analysts think that the national policy of stimulating domestic demand to stimulate the economy did play a role, but this effect in the micro, the performance of light vehicles is much more prominent, especially in March, and along with the central authorities on sustained attention to the rural economy and the market for "car to the countryside" policy is expected, the overall sales of light trucks will have improved significantly, so the engine light vehicle market outlook is very positive.