China’s auto exports jumped to 47,200 vehicles in August of this year, making total exports for the first 8 months of the year total 336,100 units, which is a year on year increase of 80.01% according to figures released by the China Association Automobile Manufacturers (CAAM) earlier this week.
Whilst China’s automotive market is obviously booming at an incredible rate, its own exports seem to be lagging far behind what one expect a major car producing nation to be achieving, of course China’s appetite for automobiles is large enough that China can largely satisfy its own internal demand.
Passenger vehicle exports in August were a mere 26,400 units, but this was up 3.60% from the previous month and a massive increase of 167% over august 2009. Commercial vehicles saw exports of 20,800 vehicles which was down 1.11% monthly but saw an increase of 72.55% over the same period in 2009. According to CAAM’s figures, Chery lead the way so far this year with Jan to August exports of 57,300 units, Chan’an Auto exports 40,600, GWM exported 37,700 units, Dongfeng Auto 29,300 units and Beijing Auto 24,100 units.
Clearly Chinese automakers have a long way to go in boosting overseas sales and building brands, Chery seem to be leading the way with strong interjections into South American and Eastern European markets where their vehicles are well received, as are Greatwalls vehicles which are also sold in similar regions to Chery and also in the Australian markets.
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