Strong sales in automobile market drive sales growth of internal combustion engine

China National Internal Combustion Engine Industry Association released the internal combustion engine sales volume in November 2013. In November, the total sales volume of internal combustion engines was 5.295 million units, an increase of 1.26% year-on-year, and an increase of 6.61% from the previous period. The cumulative sales in the previous November were 53,129,600 units, an increase of 6.39% year-on-year. Compared with October, the vehicle and motorcycle markets in November had a larger increase, and the growth rate was more than 6% month-on-month, which had a greater impact on the overall market of the internal combustion engine industry.

According to the type of fuel, in November, the number of diesel engines sold was 684,600 units, and the cumulative sales volume was 8,155,900 units, a drop of 6.50% compared with the previous period, with a large drop; gasoline engine sales were 4,567,700 units, and cumulative sales were 4,794.9,800 units, an increase of 8.94% month-on-month, exceeding the industry's average increase. The performance of new energy engines rose steadily, with 47,700 hybrids sold, and cumulative sales of 392,300 units, an increase of 2.67% from the previous quarter.

Vehicle engine sales volume was 1,915,800 units this month, with cumulative sales of 18,102,300 units, a year-on-year increase of 11.60%. Due to the substantial growth in the use of internal combustion engines for automobiles and motorcycles, the overall volume of the internal combustion engine market in November increased by 6.61% compared to October.

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