Chinese automakers seek global growth (2)

16:17, July 25, 2011      

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Beijing also launched a car-quota system in January to combat its traffic woes, allowing only 240,000 new cars to be registered in the city this year, compared with the 800,000 new vehicles that took to the streets in 2010.

In contrast with a 3.35-percent increase in auto sales, the country's auto exports rose 56.99 percent year-on-year to hit 381,100 vehicles in the first half of this year, with June's exports hitting a record high of 80,000 units, according to the CAAM data.

During the period, auto exports for the private auto maker Chery Automobile Co., Ltd. jumped 88.5 percent year-on-year to 71,827 units, while those of Jianghuai Automobile Co., Ltd. (JAC), another private car manufacturer, surged by 254.97 percent to 35,500 units.

Chery said that it delivered a batch of vehicles to a police station in Serbia's city of Belgrade this year, marking the first time for a Chinese automaker to supply public service vehicles in eastern Europe.

"It's highly likely that auto exports will surpass the pre-crisis level of 680,000 units this year," Zhang Xiaoyu, vice president of the China Machinery Industry Federation, said Friday at a press conference concerning the development of China's machinery industry in the first half of 2011.

However, Zhang added that only a few automobile models, such as sedans and pickup trucks, have proven to be competitive in the overseas market.

The CAAM data showed that sedans and trucks accounted for 38.6 percent and 37.76 percent, respectively, of China's auto exports during the first five months of this year.

According to Shi, Great Wall Motor's pickup trucks and sports utility vehicles (SUVs) are selling well in Africa, Latin America and the Middle East.

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