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Quick report on production and sales data for December 2024
Soochow Brokerage Commercial Vehicle 2025 Investment Strategy: Dividend Preference.
The current sales in the heavy truck Industry are difficult to sustain, but the stock price has a safety margin; the bus Sector experiences a dual resonance of domestic and foreign demand, with leading companies concentrated, and a bullish outlook for the continued expansion of the Industry in 2025.
In November, the sales of light passenger vehicles in China were 0.0356 million units, a year-on-year decrease of 8%.
On December 25, the latest news from the First Commercial Vehicle Network, based on data from the China Automobile Manufacturers Association (measured by company invoices, not terminal actual sales), in November 2024, China's bus market (including chassis) sold 46,000 units, a month-on-month increase of 7%, a year-on-year decrease of 3%, and the year-on-year growth rate has turned negative again (the bus market grew by 1% year-on-year in October).
Yutong Bus T15E Showcases Exceptional Battery Performance and Driving Range in Finland Challenge
Yutong Bus Co.,Ltd. (600066.SH): Appointed Li Panpan as the concurrent financial officer.
Yutong Bus Co., Ltd. (600066.SH) announced that the Board of Directors received the financial director's report on December 19, 2024...
In November, China sold a total of 6,337 large and medium-sized new energy buses over 7 meters, an increase of more than 80% year-on-year.
Statistics show that in November 2024, there were a total of 6,337 large and medium-sized new energy buses over 7 meters sold in the country, an increase of 9.71% compared to the previous month (5,776 units) and an increase of 80.44% compared to the same month last year (3,512 units).
