No Data
Yutong Bus' Vehicle Sales Slips 9% in July; Shares Drop 4%
Production and Sales Quick Report for July 2024.
Yutong Bus Co., Ltd. (600066.SH): Sold 3355 vehicles in July, a decrease of 8.71% year-on-year.
Yutong Bus Co., Ltd. (600066.SH) released a sales report for July with sales volume of 3,355 vehicles, a decrease of 8.71% year-on-year.
Soochow Securities: Double driving of policy and replacement cycle, the bus industry welcomes a new upward cycle.
Soochow Securities stated that the bus industry is entering a new upward cycle driven by both policy and replacement cycles.
In June, a total of 2,970 domestic new energy buses over 7 meters in size were sold, a month-on-month increase of 21.08%, ushering in a sales boom.
According to statistics from China Bus Statistics Information Network, in June 2024, a total of 2970 new energy buses with a length of 7 meters or more were sold domestically, a month-on-month increase of 21.08% compared to the previous month (2453 vehicles), a year-on-year decrease of 17.77% compared to the same period last year (3612 vehicles), with the growth rate turning negative from positive compared to the previous month (an increase of 3.24%).
2024 Interim Performance Forecast
No Data
