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Auto exports tumble for 12 months

China's auto exports have been declining for 12 months since last August, the Information Times reported today, citing a senior official from the Ministry of Commerce.

Auto exports in the first eight months fell 22.2 percent year-on-year, said Zhou Ruojun, deputy director overseeing exports of machinery and electric products at the commerce ministry.

Meanwhile, auto exports in the first seven months fell 56.9 percent to 191,000 units, he said.

Domestic auto sales in China rose 29.18 percent year-on-year to 8.33 million units, according to the China Association of Automobile Manufacturers.

The country's full-year vehicle sales may rise 28 percent to 12 million units, Chen Bin, chief director of the industry coordination department at the National Development and Reform Commission, said earlier this month.


 Source : China Daily  Editor: Ivy
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