China's Auto Exports Are Expected to Score a Record High of 1 Million Cars

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According to the statistics from the China Association of Automobile Manufacturers, China's auto export in October this year was 86,700, down by 21.1% when compared with that of September, whereas up by 24.4% over the same period last year. From January to October, the total export of automobile is 871,400, an increase of 27.5% over the same period last year. As long as in the next two months the export can maintain a monthly average of 70,000 automobiles, the annual exports can be expected to exceed 1 million. From 544,000 automobiles in 2010 to 814,000 in 2011, the automobiles export continues to increase. By this October the export has already surpassed that of the total amount last year. Judging by this tendency, although this year the domestic market for the automobile industry is witnessed a downturn, the independent automobile brands are expected to open up a new world in overseas markets.

The exports of Chery continue to lead in the race of China’s independent auto enterprises.

Statistics shows that the top five auto export enterprises from January to October this year were Chery, Geely, Saic, Great Wall and Dongfeng. As an auto enterprise which has the largest exports,  Chery’s overseas sales rose by 16.5 percent to 15,283 in this October; The exports from January to October rose by 21.1 percent to 164,500. Over the last ten years, the accumulated export volume of Chery was near 800,000.

Geely is also deserved to be mentioned. By the end of this October, the accumulated export volume of Geely reached over 81,000, up by 8.9% over the same period of the previous year, fulfilling the annual target 2 months in advance. The sales in October made a new record of 12,204, up by 127% over the same period of the previous year. Zhang Lin, the vice president of the Geely Group and the general manager of the Geely International Auto Corporation, indicated that the export volume of the Geely Automobile in the whole year is expected to exceed the critical amount of 100,000.


 

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