Exports continue advance on emerging-market demand
China's vehicle exports grew for the 11th consecutive month in July as strong demand from emerging markets continued.
Last month, China's passenger vehicle exports jumped 35 percent to around 48,000 vehicles, while shipments of commercial vehicles rose 4.6 percent to roughly 21,000 vehicles, according to the China Association of Automobile Manufacturers.
Through July, China’s vehicle exports advanced 26 percent from a year earlier to approach 466,000 vehicles. The tally includes around 321,000 passenger vehicles and 145,000 commercial vehicles.
Key export markets for domestic Chinese automakers are Russia and countries in the Middle East and South America. Chinese brands haven’t cracked mature markets such as the United States and Western Europe.
The only two automakers shipping vehicles from China to mature markets are General Motors and Volvo Car Corp.
GM started shipping Chevrolet Cavalier compact sedans to Mexico in July after launching exports of the China-built Buick Envision crossover to the United States in early 2016.
Volvo, which began shipping Chinese-built S60 sedans to the U.S. in 2015, started exporting the S90 flagship sedan to the U.S. as well as Western Europe earlier this year.
Through July, China’s vehicle exports advanced 26 percent from a year earlier to approach 466,000 vehicles. The tally includes around 321,000 passenger vehicles and 145,000 commercial vehicles.
Key export markets for domestic Chinese automakers are Russia and countries in the Middle East and South America. Chinese brands haven’t cracked mature markets such as the United States and Western Europe.
The only two automakers shipping vehicles from China to mature markets are General Motors and Volvo Car Corp.
GM started shipping Chevrolet Cavalier compact sedans to Mexico in July after launching exports of the China-built Buick Envision crossover to the United States in early 2016.
Volvo, which began shipping Chinese-built S60 sedans to the U.S. in 2015, started exporting the S90 flagship sedan to the U.S. as well as Western Europe earlier this year.
