China sedan exports take one quarter of total auto export in Q1

According to the China Association of Automobile Manufacturers statistics released yesterday, in the first quarter, China's import and export of vehicles have achieved double-digit growth, while sedan exports increased by nearly 50%.

According to the statistics, in the first quarter, the National Customs vehicle total import and export value totaled 13.361 billion U.S. dollars, import and export amounted to 5.362 billion U.S. dollars and 7.999 billion U.S. dollars, an increase of 18.46% and 36.30% respectively; sedan exports continue to grow rapidly. Vehicle exports accounted for 25.05% of the total, reaching 25,000 units, an increase of 48.9%.