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Monday, January 01, 2007

China doubles auto exports in 2006

China was expected to produce and sell over 7 million vehicles in 2006 and may bypass Germany to become the third largest automobile producer judging by the number of units.

With the rapid improvement of the auto industry. China made big progress in the international market.

Over the past few years, China's exports of vehicles and parts have grown rapidly. In 2005, exports reached 10.9 billion dollars, an increase of 34 percent on the previous year.

China's auto exports doubled in 2006 from the previous year to hit a record 340,000 units, state media reported Monday.

Xinhua News Agency quoted a Ministry of Commerce official as saying of the total, sedan exports topped 90,000 units, a 200 percent increase over 2005.
The total is up from 78,000 units

More detail could be reached here.

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