China Association Of Automobile Manufacturers: In January, Auto Exports Increased By More Than 40% Year-on-year

According to the China Association of Automobile Manufacturers on February 19, according to the statistical analysis of the China Association of Automobile Manufacturers, in January 2024, automobile exports increased by more than 40% year-on-year, continuing the rapid growth trend. In January 2024, 443,000 vehicles were exported, down 11.2% month-on-month and up 47.4% year on year. Among them, 369,000 passenger cars were exported, down 12.4% month-on-month and up 47.5% year-on-year; 74,000 commercial vehicles were exported, down 4.9% month-on-month and up 46.9% year on year. 343,000 traditional fuel vehicles were exported, down 11.6% month-on-month and up 57.1% year on year; New energy vehicle exports were 101,000 units, down 9.8% month-on-month and up 21.7% year on year.