COSCO's second massive automobile transporter has begun operations (2)

11:25, June 17, 2011      

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Chinese car companies exported 72,100 units in May, a rise of 6.79 percent month-on-month and 53 percent year-on-year. That's a record high, according to figures released by the China Association of Automotive Manufacturers on June 9.

During the first five months of 2011, China exported 225,400 cars, an increase of 56.7 percent over the same period in 2010.

Among them, the top five brands are Chery with 55,200 units, Chang'an Auto with 35,100 units, JAC with 28,100, Great Wall Motor Co Ltd with 26,800, and Dongfeng Motor Group Co Ltd with 24,600.

Chinese cars are becoming more popular in many countries, and the new car carriers will secure delivery schedules and lower shipping costs. Meanwhile, the positive elements will lead to more solid cooperation with our foreign clients and more mature marketing strategies, said She Cairong, vice-general manager of JAC.

According to JAC, South America has become the company's most important export destination, and currently accounts for more than half of the Anhui-based company's total export volume.

"There are two things every Brazilian man dreams of: One is football and the other is cars. They know cars well and have high quality demands. In this sense, Chinese cars can serve their demands well," JAC's She said.

As the world's biggest car market, China consumes the overwhelming majority of the cars made in the nation. "Only about 5 percent of the cars are exported to the Middle East, Southeast Asia, Africa and South America," said Xu Xiaofeng, an industrial analyst from Central China Securities.

However, cars made in China are also becoming popular in many developing economies and emerging nations, and this will provide good opportunities for both car carrier construction and domestic carmakers, added Xu.

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Source:China Daily
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