China Association of Automobile Manufacturers (CAAM) reported that the country exported 109,000 vehicles in October, increasing by 25.7% from a year earlier and by 10.1% from September. The increase highlights the resilience of China’s manufacturing sector despite the impact of the COVID-19 pandemic. Domestic automakers had resumed normal operations when manufacturers outside of China were still affected by the pandemic.
However, China’s auto exports fell 1.8% year-on-year to 819,000 units in the first ten months of 2020, mostly due to the pandemic impact in the first quarter. Geely Auto reported exports of 10,531 units in October, nearly doubled from a year earlier. Chery Automobile shipped 13,001 units last month, increasing by 60.3% from last year. Meanwhile, Pick-up truck and SUV maker Great Wall Motor exported 10,804 vehicles last month, an increase of 148 from a year earlier.
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Published on November 17, 2020 4:35 PM (GMT+8)Last Updated on November 17, 2020 4:35 PM (GMT+8)
