汽车琰究·2026-02-28 03:34Event Overview - In January 2026, the sales of motorcycles above 250cc reached 64,000 units, representing a year-on-year increase of 8.2% but a month-on-month decrease of 7.4% [2] Industry Performance - The sales of motorcycles above 125cc in January were 669,000 units, up 10.7% year-on-year and 2.2% month-on-month, with significant contributions from the 125-150cc and 500-800cc segments [3] - Exports of motorcycles above 250cc in January totaled 45,000 units, a year-on-year increase of 15.3% and a month-on-month increase of 9.7% [3] - Domestic sales of motorcycles above 250cc in January were 19,000 units, down 5.9% year-on-year and 32.6% month-on-month [4] Structural Insights - Sales of motorcycles with engine displacement between 250cc and 400cc reached 37,000 units in January, up 5.9% year-on-year but down 17.7% month-on-month [5] - Sales of motorcycles with engine displacement between 400cc and 500cc were 9,000 units, down 2.7% year-on-year and 1.5% month-on-month [5] - Sales of motorcycles with engine displacement between 500cc and 800cc reached 15,000 units, up 24.9% year-on-year and 20.6% month-on-month [5] - Sales of motorcycles above 800cc were 2,000 units, down 3.8% year-on-year but up 27.0% month-on-month [5] Company Performance - In January, the top three companies in the 250cc+ segment were Longxin General, Chuanfeng Power, and Qianjiang Motorcycle, with a combined market share of 47.5%, an increase of 0.9 percentage points compared to the entire year of 2025 [5] - Longxin General sold 11,000 units in January, up 27.7% year-on-year, with a market share of 17.7% [6] - Chuanfeng Power's sales in January were also 11,000 units, up 38.9% year-on-year, with a market share of 17.5% [6] - Qianjiang Motorcycle sold 8,000 units in January, down 25.5% year-on-year, with a market share of 12.3% [6] Chuanfeng Power Insights - Chuanfeng Power's total two-wheeler sales in January were 47,000 units, up 132.3% year-on-year and 26.2% month-on-month [7] - The sales of fuel motorcycles were 19,000 units, up 43.6% year-on-year but down 7.8% month-on-month [7] - The sales of electric motorcycles reached 29,000 units, up 208.3% year-on-year and 66.9% month-on-month [7] Qianjiang Motorcycle Developments - Qianjiang Motorcycle's total sales in January were 36,000 units, down 1.6% year-on-year but up 46.3% month-on-month [20] - Exports in January were 26,000 units, up 60.6% year-on-year and 34.6% month-on-month [21] - The company is enhancing its product definition capabilities and has introduced new models to boost sales [23] Longxin General Developments - Longxin General's motorcycle sales in January were 106,000 units, down 34.2% year-on-year and 25.3% month-on-month [14] - The company is focusing on motorcycle exports and has seen a decline in domestic sales [14] Market Outlook - The market for large-displacement motorcycles is expected to continue growing, driven by new models and brands entering the market [24] - The domestic motorcycle market is anticipated to benefit from the increasing demand for larger displacement motorcycles, with companies like Chuanfeng Power, Longxin General, and Qianjiang Motorcycle positioned to capitalize on this trend [24]