China’s Auto Exports Double+
China has exported more than twice as many cars this past quarter as they did during the same period last year.
The biggest market – Russia!
The combined export value – $2.7 billion, up 110%
Vehicles for commercial purposes accounted for 65% of the total exports and 72% of the total export value.
The per unit value was $11,200, up 23%.
Russia got 38,600 of the 241,000 motor vehicles
that China exported.
Kazakhstan was second with 6,445 cars.
Iran was third.
Other countries that are buying more than $100 million worth of cars from China are:
Algeria
Syria
Vietnam
South Africa
Ukraine
The Russians and Chinese are looking at doing $20.5 billion worth of trade this year.
How long do you think it will take for made-in-China cars to become international quality = bought by US and Japanese car drivers?
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