Arab Today, arab today china\s vehicle exports top 1m in 2012
Last Updated : GMT 18:35:19
Arab Today, arab today
Arab Today, arab today

China\'s vehicle exports top 1m in 2012

Arab Today, arab today

Arab Today, arab today China\'s vehicle exports top 1m in 2012

Beijing - QNA

China\'s vehicle exports have reached 1,056,100 units abroad in 2012, a 29.7% rise on 2011. The latest statistics from China Association of Automobile Manufacturers show that though the year-on-year growth slowed to 30% from 50% in 2011, the rate is still much higher than the 4.3% increase for the domestic market. Passenger cars accounted for 45% of the exports while trucks accounted for 27.9 %, said the association. Statistics from the General Administration of Customs show that in the first 11 months of last year, the revenues of China\'s total vehicle exports increased 8.6% year-on-year to $67.82 billion. During 2012, China\'s domestic automobile sales jumped 4.3% over the previous year to 19.31 million units.

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