China Auto Export Decreases 7.35% over Last Year

China auto export in the first 10 months this year is 893.7 thousand, which has decreased 7.35% over the performance of last year. Passenger car exports 548.6 thousand, which has decreased 9.63%, and commercial car exports 345.1 thousand, which has decreased 3.5%.

As reporter known from China Auto Industry Association that from Jan to Oct, China automobile products export capital volume has increased 2.2% over last year, which is the first time growth within this year. Import capital volume has increased 0.2%, which ends 9 months decrease tendency. Export capital has increased 4.3% over last year, which is slightly more than last year.

As it known, from Jan to Oct, auto has imported totally 953.9 thousand, which has decreased 1.7%, reduction rate is 4.4% less than Sept did. SUV import has increased 4.8% among all automobiles, sedan import has decreased 10.5% than before, and small bus import has increased 17.8%. From Jan to Oct, the above three automobiles has imported 925.6 thousand, which takes 97% of total auto import volume.

Besides, from Jan to Oct, automobile has exported 781.2 thousand which has decreased 8.25%. Sedan export has decreased 17.4% among main export products. Truck export has decreased 10.5% over last year did. However, bus export has increased 33.4%. From Jan to Oct, the above three automobiles has exported 722.9 thousand, which take 92.5% of total automobile export volume.