Annual vehicle exports by automakers producing in China are on track to jump 19 percent.
Great Wall Motor Co.
Great Wall Motor Co. launched sales of its Tank-badged SUV in Saudi Arabia in July.
Annual vehicle exports by automakers producing in China are on track to jump 19 percent year on year to a record high of more than 2.4 million this year, the China Association of Automobile Manufacturers predicted this week.
The trade group made the forecast after data show China’s vehicle exports kept picking up in the first seven months.
In July, vehicle shipments from China to other markets rallied 67 percent to top 290,000 vehicles, with year-to-date volume rising 51 percent to exceed 1.5 million, according to the trade group’s tally.
Last month, exports of light vehicles ranging from sedans, crossovers, SUVs, multi-purpose vehicles and minibuses spiked 73 percent to some 242,000.
In the same month, exports of commercial vehicles such as buses and trucks also advanced 42 percent to about 49,000.
For the first seven months, automakers shipped some 1.18 million light vehicles and 322,000 commercial vehicles overseas, surging 54 percent and 39 percent from a year earlier, respectively.
The trade group didn’t disclose export volumes of individual automakers. （Source:Automotive News)