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China's auto export up 24.4% in Oct

Nov. 12, 2012 (China Knowledge) - China, the world's largest auto market, saw its auto exports up 24.4% YoY to 86,700 units in October this year, according to the latest statistics released by the China Association of Automobile Manufacturers.

According to the statistic, the auto exports in October reflected a decrease of 21.1% from a month earlier.

In the first ten months of this year, the country saw its auto exports surge 27.5% YoY to 871,400 units and the figure is expected to exceed 1 million units this year.

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

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