In past few years, the automobile industry of China grew up rapidly not only on national but also international level. Due to this higher growth level, China direct exports of automobile is also increased. Cars and other automobiles are exported in bulk to the world and automobile importers and exporters from all over the world attend auto export shows and fairs of China in a very large quantity.
According to market stats, automobile industry of China developed very fast from last few years. China produced 6.4 million cars in 2006 and surpassed Germany who was on the worlds no. 3rd position after Japan and USA. In 2007, China sold internally 8.5 million vehicle in which 5.5 million cars, minivans, SUVs and 3 million commercial vehicles and exported 241,000 automobiles to the world in the first six month of 2007 which was 71.2% more than 2006.
In 2008, according to international financial crisis, the automobile industry was seriously affected. Almost all the very large and stable automobile companies bore much big losses. But on that time, Chinese automobile industry was still in its rising condition. Chinese automobile export was 9.34 million which was 5.2% more than 2007.
Now China has became top car produces in 2009 with a production of 13.79 million units. It surpassed Japan from a large margin. Industry experts say that China has still a lot of growth potential in the automobile industry. Automobile export from China direct will be grown up to I million vehicles annually until 2015. Official statistics say show that Aisa, Africa and Middle East are the major markets for China car and other automobile export. Now, Europe also has become another major exporter of China automobiles.
In past few years, the automobile industry of China grew up rapidly not only on national but also international level. Due to this higher growth level, the export of automobiles from China direct increased too. Cars and other automobiles are exported in bulk to the world and automobile importers and exporters from all over the world attend auto export shows and fairs of China in a very large quantity.
According to market information, automobile industry of China developed very fast from last few years. China produced 6.4 million cars in 2006 and surpassed Germany who was on the worlds no. 3rd position after Japan and USA. In 2007, China sold internally 8.5 million vehicle in which 5.5 million cars, minivans, SUVs and 3 million commercial vehicles and exported 241,000 automobile to the world in the first six month of 2007 which was 71.2% more than 2006.
In 2008, according to international financial crisis, the automobile industry was seriously affected. Almost all the very large and stable automobile companies bore much big losses. But on that time, Chinese automobile industry was still in its rising condition. Chinese automobile export was 9.34 million which was 5.2% more than 2007.
Now China has became top car produces in 2009 with a production of 13.79 million units. It surpassed Japan from a large margin. Industry experts say that China has still a lot of growth potential in the automobile industry. Automobile export from China direct will be grown up to I million vehicles annually until 2015. Official statistics say show that Aisa, Africa and Middle East are the major markets for China car and other automobile export. Now, Europe also has become another major exporter of China automobiles.
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