Sales volumes in November are getting out of V-trough of October. According to Yutong sales and production express, 2,876 vehicles were sold out in November, and sales volumes in the first eleven months amounted to 23,287 units, down 3.64% year on year. And sales volumes in December may surpass 4,000 units.
Yutong buses
In this case, increment of sales volumes in the fourth quarter will reach up to 8,450 units, and sales volumes in the first three quarters were 3,796, 7,565, and 7,474 units. And sales volumes of the whole year, 27,000 units, will be comparable to that of last year.
So, we can conclude that:
First, sales volumes in November and December grew at least 50% month on month. In October, Yutong sold 1,576 buses; sales volumes in November increased by 82.48% than that of October, up 57% year on year. So sales volumes in bus and coach industry increase a lot both year on year and month on month, and sales volumes in December will be rather hot.
Leaders of Yutong Bus are celebrating
Secondly, sales volumes of light and medium buses started to increase fast. Sales volumes of light and medium buses in the first eleven months increased by 4.32% and 1.75% respectively. This can show sales trend of bus subsection market this year.
Yutong secured two comparatively big orders in the last two months, which may influence domestic new energy market for some extent. Yutong delivered ten 13.7-meter hybrid public transport buses to Zhengzhou public transit company in late November. And they also secured sixty hybrid city buses order from Hangzhou.