China Auto Export up 64% in first three quarters
In the first three quarters, China exported a total of 413,500 complete finished vehicles, up 64 percent from the same period of last year. From exporting these vehicles, China gainedExported vehicle sales totaled US$4.8 billion, an increase of 117 percent year-on-year.
Of the the total export revenues, commercial vehicles contributed accounted for US$1.75 billion, or 36.5 percent, while and passenger cars export only accounted for US$694 million.
Regarding the In terms of export volume, trucks took upwere almost half of the total and sedans 30 percent. The Commerce Ministry of Commerce's hopeful estimate ford the whole year is auto export would record a hopeful 600,000 exported units exported.
In the meantime, the average unit prices price of thefor exported vehicles surged 32 percent from last year to US$11,600 in the first 10 months, which suggestinged China iwas exporting higher quality vehicles.
However, due to the unhealthy competition in the passenger cars market, the passengers cars export prices goes are going against the grain due to unhealthy competition in the passenger car market. The total export revenue only rose 174.3 percent between January and October, despite the export volume roaringed 211.4 percent from the same period of last year.
Export numbers forof sedans and off-road vehicles jumped 250.63 percent and 258.96 percent respectively in the first 10 months, but thewhile average unit prices tumbled 19.6 percent and 10.19 percent respectively.
The newspaper attributed such phenomenonthe problem to the malicious competition amongst Chinese auto manufacturers to hoping to boost sales volumes in overseas markets via lowering thewith low prices.
Additionally, among the total 1,242 accounted Chinese automakers that exportinged vehicles in the first 10 ten months, some 718 ones, or 57.8 percent, exported even less thanunder 10 vehicles, thus Thus the after-sale service was unpromising, which badly damagedand not contributing to the "made-in-China" profile.
Views:0
- China's Truck Exports Grew by 30% YOY to 63490 Units in January-February 2022-04-13
- 2021 JAC International Pickup Export Performance 2022-02-18
- China's Truck Export in 2021 Reached a 10-year Peak 2022-02-15
- FOTON Motor Ranked First in Exports for the 11th Year in a Row 2022-01-29
- SHACMAN Heavy-duty Truck Exports Hit Record High in 2021 2022-01-14
- Top 10 Export Markets for Chinese Trucks in JAN.-SEP. 2021 2021-11-18
- China Truck Export Jumped by 133% from January to May 2021-07-12
- JAC Pick-ups Exports in 2019 Ranked Top Three, Sales Up by 26% 2020-02-14
- Over 170,000 Units SHACMAN Trucks Operate Smoothly Across the World 2019-08-26
- China’s Export of Commercial Vehicles Grew by 21.67% from January to May 2019-07-08
Submit Your Requirements, We Are Always At Your Service.
- BYD Stopped the Production of Fuel Vehicles
- Geely Began Test Runs of Green E-methanol Vehicles in Danmark
- 2022 SANY Global Dealer Summit Was Held Successfully Online
- BYD and Shell Partner on EV Charging across China and Europe
- Daimler Truck Significantly Increase Sales, Revenue and Net Profit in 2021
- Scania Year-end Report January-December 2021
- Hyundai Motor and Iveco Group Sign MOU to Explore Future Collaboration
- GAUSSIN Enters China, the Largest Truck Market in the World
- Over 1,200 Hydrogen-powered Vehicles Deployed for the Beijing Winter Olympics
- Chinese New Year Holiday Closure Notice
- China's Truck Exports Grew by 30% YOY to 63490 Units in January-February
- China's New Energy Heavy Trucks Grew Despite an Overall Slump
- Heavy-duty Truck sales in China Fell by 54% to 54,000 units in February
- SINOTRUK Achieves Sales of 27,725 Vehicles in January, 2022
- China’s Domestic Tractor Sales Exceed 40,000 Units in January
- 2021 JAC International Pickup Export Performance
- JAC Achieved a Great Result in 2021
- China's Truck Export in 2021 Reached a 10-year Peak
- Heavy-duty Truck Sales in China Fall 57 Percent on Year in January
- China Recorded Sales of 645000 Tractors in 2021