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China: To be the First Commercial Vehicle Export Country

25-02-2008

Statistics from China Association of Automobile Manufacturers show China overall auto export in 2007 continued a rapid growth despite the pressure of currency's appreciation, of which the export volume exceeded 0.6 millon, attaining 612,700 units, up 78.95 percent year-on-year. According to statistics, in 2007 commercial vehicle export had also been the mainstream of the whole auto export, and exceeded 0.32 million, occupying 54.4 percent of the total auto export volume; Saloon car export ranked second, occupying 30 percent of the he total export volume; but the pessenger car export had increased swiftly.

As the world's largest commercial vehicle producer, China boasts its scale economy compared with other countries. Compared with passenger cars, the scale of world's commercial vehicle market is relatively small, so it is rare to see the rapid growth of commercial vehicle export.

Despite lower bus export volume compared with trucks, the growth rate of bus export has far exceeded truck from 13,000 units in 2006 to 42,000 units last year, more than doubled.

2007 bus market's high growth mainly relied on the rapid growth of 10 to 20 seats gasoline vehicles, some manufacturers had received big orders from overseas market, and thus new markets had been explored by them. Take into consideration of world's relatively small market volume, China bus and coach behaved excellent in tranditional large bus market in 2007.

Some newly emerged market such as Iran and South Africa has from small market become main export market. Manufacturers like Soueast and Polarsun Automobile had got big deals. Light bus export has been the first breakout of overseas exploration.


 

Editor:James Yin from Chinabuses.com


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