King Long Sold 58,400 Units Buses in 2017
11 January 2018
Recently, Xiamen King Long Motor Group Co., Ltd. (hereafter referred to as King Long) released a report on its business performance in December 2017. According to the report, the bus maker sold 10,187 units buses in December, up by 82.82% month on month and up slightly by 0.31% year on year. Specifically, the sales volume of its large-sized buses reached 2,581 units, up by 63.15% month on month and down by 33.34% year on year; the sales volume of its medium-sized buses stood at 2,550 units, up by 53.61% month on month and up by 14.35% year on year; the sales volume of its light buses registered at 5,056 units, up by 117% month on month and up by 24.72% year on year. For detailed information, please refer to the table below. For detailed information about the company’s production and sales volume of buses in December and in the whole year of 2017, please refer to Table 1 and Table 2 below.
| Products | Dec., 2017 | Dec., 2016 | Growth Rate |
| Production Volume | 8,010 | 7,721 | 3.74% |
| Large-sized buses | 2,305 | 3,156 | -26.96% |
| Medium-sized buses | 2,333 | 1,544 | 51.10% |
| Light buses | 3,372 | 3,021 | 11.62% |
| Sales Volume | 10,187 | 10,156 | 0.31% |
| Large-sized buses | 2,581 | 3,872 | -33.34% |
| Medium-sized buses | 2,550 | 2,230 | 14.35% |
| Light buses | 5,056 | 4,054 | 24.72% |
Table 1: King Long’s Production & Sales Volume of Buses in Dec., 2017
| Products | Jan.-Dec., 2017 | Jan.-Dec., 2016 | Growth Rate |
| Production Volume | 58,994 | 73,878 | -20.15% |
| Large-sized buses | 15,317 | 23,226 | -34.05% |
| Medium-sized buses | 10,011 | 13,615 | -26.47% |
| Light buses | 33,666 | 37,037 | -9.10% |
| Sales Volume | 58,402 | 73,387 | -20.42% |
| Large-sized buses | 15,717 | 22,847 | -31.21% |
| Medium-sized buses | 9,917 | 14,184 | -30.08% |
| Light buses | 32,768 | 36,356 | -9.87% |
For the whole year of 2017, King Long (including Xiamen King Long, Suzhou Higer and Xiamen Golden Dragon) had its combined sales volume approach 60,000 units, reaching 58,402 units, down by 20.42% year on year. Specifically, the sales volume of its large-sized buses reached 15,717 units, down by 31.21% year on year; the sales volume of its medium-sized buses stood at 9,917 units, down by 30.08% year on year; the sales volume of its light buses registered at 32,768 units, down by 9.87% year on year.(www.chinabuses.org)
Source : www.chinabuses.org
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