Chery's June auto exports hit record high

08:33, July 07, 2011      

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Automobile exports for Chery Auto, the country's largest domestic carmarker, surged by 105.9 percent year-on-year to hit 16,500 units in June, setting a monthly export record since the 2008 global financial crisis, company sources said Wednesday.

The company's total export volume for the first half of this year hit 71,827 units, up 88.5 percent year-on-year and accounting for 59.9 percent of the company's annual export target, said company spokesman Jin Yibo.

The company previously set an annual production goal of 120,000 units for this year, which will likely be achieved ahead of schedule, said Jin.

Brazil is the company's largest overseas market, accounting for over 25 percent of Chery's total exports during the first half of this year, Jin said. Other large overseas markets include Russia, Ukraine, Iran and Egypt, according to Jin.

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