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CAAM: China auto sales to grow 3 percent in 2018 to 29.87 million units

CHANGSHA, Hunan – China’s automobile sales are expected to grow by 3 percent in 2018 to about 29.87 million units, according to China Association of Automobile Manufacturers (CAAM). Xu Haidong, assistant to the secretary general of CAAM, made the prediction at the 2018 China Automobile Market Development and Forecast Summit

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China private car parc topped 100 million by end of 2016

BEIJING – China had 101.52 million privately-owned cars on the roads by the end of 2016, up 15.5 percent, according to the Statistical Communiqué of the People’s Republic of China on the 2016 National Economic and Social Development released by the National Bureau of Statistics on February 28. That is

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China imports 98 special-purpose vehicles in Q2, down 5.77 percent

BEIJING – China imported 98 special-purpose vehicles in the second quarter of 2016 valued at $41.88 million, down 5.77 and 34.76 percent year-on-year respectively, according to data compiled by autoinfo.org.cn. Export volume during the same period was 7,691 units valued at $712 million, down 9.14 and 12.38 percent respectively. Except

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Analysis of special-purpose vehicle export in 2015

China’s export of special-purpose vehicles (SPVs) in 2015 slipped 2.47 percent to 17,116 units, according to statistics from China Association of Automobile Manufacturers (CAAM). However, export revenues increased 4.13 percent to $1.67 billion, indicating an improvement of mix. Export volume and structure The export volume of concrete mixers and crane

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Auto import down 24 percent in the first nine months

BEIJING – China’s automobile import volume in the first nine months of the year declined 23.9 percent from the same previous period to 801,000 units, according to data released by China Trading Center for Automobile Import (CTCAI) on November 15 at the 12th China Imported Auto Forum. January-September end-user sales reached

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China commercial vehicle export rebounds in February

BEIJING – China commercial vehicle exports rebounded in February with unit export revenue continuing to increase. Major export destinations are developing countries such as Algeria, Vietnam and Myanmar. Major import destinations are developed countries such as the United States and Germany. Average unit export revenue is lower than unit import

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