第一商用车网·2025-05-19 07:03Core Viewpoint - In April 2025, the overall sales of the bus market in China experienced a slight year-on-year decline of 1%, while the light commercial vehicle (LCV) market showed a year-on-year growth of 5%, indicating a mixed performance within the sector [3][19]. Group 1: Market Performance - In April 2025, the total sales of the bus market (including chassis) reached 44,500 units, a month-on-month decrease of 16% and a year-on-year decrease of 1% [3]. - The light commercial vehicle market sold 36,100 units in April, with a month-on-month decline of 16% but a year-on-year increase of 5%, marking a recovery from a 2% decline in March [3][7]. - The market share of light commercial vehicles in the bus market reached 81.04% in April, slightly up from 80.57% in March, and 81.45% for the first four months of the year, compared to 77.18% for the entire year of 2024 [3][5]. Group 2: Historical Trends - An analysis of the light commercial vehicle sales over the past five years shows a trend of increase-decrease-increase, with April 2025's sales ranking second highest in the last five years, only 3,800 units less than the peak in April 2021 [5]. - The cumulative sales for the first four months of 2025 reached 137,900 units, the highest in five years, although not significantly higher than the second and third highest years [5][14]. Group 3: Company Performance - In April 2025, among the top ten companies in the light commercial vehicle market, four experienced sales growth while six saw declines, with notable increases from Changan (50%), Jiangling (13%), Xiamen Jinlong (136%), and Yutong (39%) [9][12]. - For the first four months of 2025, six out of the top ten companies reported sales growth, with Changan, Jiangling, and Dongfeng showing significant increases in market share [16][17]. - The top five companies accounted for over 80% of the market share in April, with Changan leading at 30.11%, followed by Jiangling at 24.53% and Dongfeng at 19.21% [12].