Analysis of Bus Market Structure and Market Concentration in the Past 10 Months

From January to October 2010, the Chinese passenger car market (which refers to the entire vehicle, excluding non-integrated vehicles, the same below) changed its low growth trend last year, and its sales volume increased by 33.57% year-on-year to 288,900 vehicles (according to data from China Automobile Association, the same ). among them:

Large passenger car sales grew fastest - a year-on-year increase of 56.90% to 45,800;

The growth rate of light passenger vehicles followed, from January to October, an increase of 31.89% to 179,900;

The growth rate of medium-sized passenger vehicles is the lowest - an increase of 22.03% from the same period of last year to 45,300 vehicles.

From January to October this year, the sales of medium-sized passenger cars have been lower than that of large passenger cars, while the sales volume of medium-sized passenger cars (37,100 units) was higher than that of large passenger vehicles (29,200 units) in the same period last year.

Increase in the share of large passenger cars, medium and light passenger cars

In the passenger car market, nearly seven become light passenger vehicles, but the proportion of light passenger vehicles in the total number of passenger cars from January to October this year has dropped slightly, from 69.37% in the same period of last year to 68.50%. The proportion of sales of large passenger vehicles was 15.84%, an increase of 2.36% over the same period of last year. The proportion of medium-sized passenger cars decreased by 1.48% to 15.66%.

The market concentration of large and medium-sized passenger cars has increased significantly.

In the January-October period of 2010, the top five largest passenger car sales companies were “One-Tong Three-Long” and Dandong Huanghai, with a combined sales volume of 32,400 units, a year-on-year increase of 67.45%, a growth rate higher than the average growth rate of the large passenger car market 56.90 %. The occupancy rate of these five companies in the large passenger car market was 70.84%, an increase of 4.46% over the same period of last year (66.38%).

Among the top five companies, the fastest growing sales volume was ranked No. 2 Suzhou Golden Dragon - a year-on-year increase of 136.21% to 6661 cars; the slowest growth was the No. 3 Xiamen Golden Dragon - a year-on-year increase of 28.56% to 6,661 cars.

The top five companies in the sales of medium-sized passenger car vehicles were "One-Tong Three-Long" and FAW-Toyota. The sales growth rate of these five enterprises (26.31%) was also higher than the industry average (22.03%); its market share was 71.80%, which was higher than last year. Increased by 2.43% over the same period.

Among them, Yutong ranked first in terms of sales growth, its mid-size passenger car sales increased by 54.79% from the same period last year to 13,900; the lowest growth rate was the negative growth of FAW Toyota - sales fell 0.88% to 4152 year-on-year The rankings also slipped from third to fourth in the same period last year.

The top five companies selling mid-size passenger car vehicles were Jinbei, JMC, Nanjing Auto, Beiqi Foton, and Xiamen Golden Brigade. The sales of these companies rose by 32.59% from the same period last year to 162,200 units, which was higher than the industry average (31.89%). The market share was 84.46%, a slight increase of 0.45% over the same period of last year.

Among them, Jiangling - the fastest growing sales volume - increased 58.85% year-on-year to 41,400 vehicles. The slowest growth was Beiqi Foton, which increased 12.02% year-on-year to 20 million vehicles.