China's auto exports rise 73.5% in October

• Source: Gasgoo
• [09:26 November 23 2010]
• Comments

Chinese automakers exported 50,100 vehicles in October, a year-on-year increase of 73.47 percent, the Beijing News reported Monday, citing data recently released by the China Association of Automobile Manufacturers (CAAM).

Zhu Yiping, assistant secretary-general of the CAAM, said this third consecutive month of growth shows the country's auto exports market is recovering.

Last month, passenger vehicle exports from China rose 14.76 percent from September and 85.39 percent from 2009 to 27,200 units. The country's commercial vehicle exports fell 5.53 percent month on month, but jumped 61.11 percent from a year earlier to 22,800 units.

In the first ten months this year, China's vehicle exports reached 434,400 units, up 74.74 percent compared to the same period last year.

Chery Auto was ranked first in terms of auto export volume in the same period, followed by Changan Auto, Great Wall Motor, Dongfeng Motor and BAIC.