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China exported 105,800 sedans in Jan-Aug, up 84 percent year-on-year
Shanghai. October 10 (Gasgoo.com) - China exported 105,800 sedans from January through August this year, according to statistics released by China Association of Automobile Manufacturers (CAAM) today.
In its latest monthly report, CAAM said China's car export exceeded 100,000 units in the first eight months this year, representing a 83.56 percent growth year on year.
In addition, truck export grew 52.22 percent year on year to 75,600 units, while bus export surged 85.35 percent to 14,400 units.
Market analysts believe the higher-than-expected growth was a result of growing demand and credit purchases stimulated by inflation.
In its latest monthly report, CAAM said China's car export exceeded 100,000 units in the first eight months this year, representing a 83.56 percent growth year on year.
In addition, truck export grew 52.22 percent year on year to 75,600 units, while bus export surged 85.35 percent to 14,400 units.
Market analysts believe the higher-than-expected growth was a result of growing demand and credit purchases stimulated by inflation.
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