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In 2015, the production and sales volume of China's vehicle engine market showed an upward trend. The output increased by 3.82% year-on-year, the sales volume increased by 3.85%, and the gasoline engine accounted for 88.13% of the overall market. It is the main force in the engine sales market. The diesel engine is affected by the policy, and it is mostly matched with heavy machinery such as ordinary trucks, heavy-duty trucks, bulldozers, etc., and the control rights are mostly in the hands of state-owned enterprises, which also causes the sales volume to drop significantly. With the implementation of the National IV standard, the requirements for engines, especially diesel engines, will become higher and higher in the future. Improving the technical level of diesel engines and developing clean green power will become a direction for engine development in the future.
Overall production and sales
Volatility in the automotive market directly affects the supporting engine market. In 2015, the domestic engine market grew steadily, with an increase of more than 3 percentage points. In 2015, China's automobile engines completed production and sales of 21,849,400 units and 21,922,900 units. Compared with the same period in 2014, the output increased by 3.82%, the sales volume increased by 3.85%, the production and sales volume was balanced, and the growth rate of production and sales remained basically the same.
Continued to be driven by the rising temperature of the passenger car market, the domestic gasoline engine sales market has risen, and the growth of production and sales has further expanded. In 2015, China's vehicle gasoline engines completed a total of 19,629,200 units and 19,391,800 units, an increase of 7.61% and 7.63% respectively, a year-on-year increase of more than 7 percentage points.
In 2015, China's vehicle diesel engines totaled 2,552,200 units and 2,537,600 units. Compared with the same period in 2014, the output decreased by 17.24%, and the sales volume decreased by 17.11%.
In 2015, the cumulative production and sales of other fuel engines were 29,900 units and 29,500 units respectively. Compared with the same period in 2014, the output decreased by 46.42% and the sales volume decreased by 47.50%.
In 2015, the domestic natural gas engine supply and demand market continued to decline, and the market for supply and demand of other fuel engine companies included in the statistics dropped sharply.
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