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China Motorcycle Chamber: July Fuel Motorcycle Output and Sales Up Over 18%; Electric Models Fall Over 20%

Published: Updated: By 24TopNews Editorial Desk

China Motorcycle Chamber reported July industry data. Fuel motorcycle production and sales rose 22.32% and 18.85% year-on-year to 1.9384 million and 1.8996 million units, respectively, while electric motorcycle output and sales fell 21.21% and 20.87% month-on-month. Total motorcycle production and sales increased 20.42% and 17.4% year-on-year. Domestic sales declined 8.15% month-on-month but rose 7.6% year-on-year. Two-wheelers saw production up 0.18% month-on-month, while three-wheelers posted modest growth.

In July, the industry's fuel motorcycle production and sales reached 1.9384 million and 1.8996 million units respectively, up 5.13% and 2.97% month-on-month, and up 22.32% and 18.85% year-on-year, representing growth of over 18% from a year earlier. For electric motorcycles, according to incomplete statistics, production and sales were 331,100 and 321,200 units, down 21.21% and 20.87% month-on-month, but up 10.37% and 9.5% year-on-year.

Total motorcycle production and sales for the industry were 2.2696 million and 2.2208 million units, with production up 0.24% month-on-month and sales down 1.33%, while year-on-year growth was 20.42% and 17.4% respectively. In domestic sales, motorcycles sold 801,200 units, down 8.15% month-on-month and up 7.6% year-on-year; among these, fuel motorcycle domestic sales were 484,900 units, up 0.79% month-on-month and up 6.03% year-on-year.

By vehicle type, two-wheeled motorcycle production and sales were 2.0373 million and 1.9909 million units, with production up 0.18% month-on-month and sales down 1.29%, and year-on-year growth of 22.83% and 19.4%. For motorcycles with displacement above 250ml (excluding), production and sales were 104,900 and 100,900 units, down 5.41% and 11.02% month-on-month, and up 15.14% and 14.27% year-on-year.

Three-wheeled motorcycle production and sales were 232,300 and 230,000 units, with production up 0.74% month-on-month and sales down 1.66%, and year-on-year growth of 2.76% and 2.56%.

24TOPNEWS IMPACT INTELLIGENCE

Why this event matters

The event has a measured impact on 1 industry. The strongest current signal is positive for Light Mobility, with intensity 70/100 and 80% confidence over a short term horizon.

Automotive · 8.5

Light Mobility

Direction
positive
Intensity
70
Confidence
80%
Horizon
Short term
Effective impact +31

Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.