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China’s auto exports may hit 800,000 units in 2008, CAAC says
Shanghai. January 9 (Gasgoo.com) – China’s auto exports may reach 800,000 units in 2008, and of which passenger vehicle exports may reach 450,000 units, China Association of Automobile Manufacturers predicted in a report released today.
In most conservative estimate, China’s vehicle exports can reach 1.3 million-1.5 million by 2010, and of which passenger vehicle export may reach 800,000 units to one million units, CAAC predicts in the report.
Over the past eight years, China’s automobile exports have grown ten times. This is an extraordinary achievement for the country, CAAC says.
In 2007, China exported half a million vehicles overseas, up 95 percent from one year earlier, according to CAAC.
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