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China's auto export up 10.65% in Aug

Sep. 24, 2012 (China Knowledge) - China, the world's largest auto market, saw its auto exports up 10.65% YoY to 95,419 units in August this year, according to the latest statistics released by the China Association of Automobile Manufacturers.

The auto exports in August reflected a growth of 5.19% from a month earlier.

Last month, the exports of passenger cars was 62,818 units, up 16.41% YoY or 9.11% MoM, and the exports of commercial vehicles was 32,601 units, up 1.02% YoY or 0.25% MoM.

In the first eight months of this year, the country saw its auto exports surge 25.08% YoY to 675,402 units. The figure included 408,431 passenger cars and 266,971 commercial vehicles, 29.18% and 19.29% more than in the corresponding period of last year, respectively.

During the period from January to August, the top five auto exporters in China were Chery Automobile Co, Great Wall Motor Co Ltd<601633><2333>, SAIC Motor Corp Ltd<600104>, Geely Automobile Holdings Ltd<0175> and Dongfeng Automobile Co Ltd<600006>.

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