Analysis of China's Automobile Exports in August 2023

According to statistics and analysis by the China Association of Automobile Manufacturers, China's automobile exports grew rapidly year-on-year in August 2023.

In August 2023, China's automobile exports reached 408,000 units, a month-on-month increase of 3.9% and a year-on-year increase of 32.1%.

From January to August 2023, China exported 2.941 million vehicles, a year-on-year increase of 61.9%.

In August 2023, China's passenger vehicle exports reached 349,000 units, with an increase of 7% month-on-month and 34.2% year-on-year.

From January to August 2023, China exported 2.455 million passenger vehicles, a year-on-year increase of 69.8%.

In August 2023, China exported 59,000 commercial vehicles, with a decrease of 11.2% month-on-month and a year-on-year increase of 21.4%.

From January to August 2023, China exported 486,000 commercial vehicles, with a year-on-year increase of 31.1%.

In August 2023, China exported 318,000 traditional energy vehicles, with an increase of 9.2% month-on-month and 41% year-on-year.

From January to August 2023, China exported 2.215 million traditional energy vehicles, with a year-on-year increase of 49.9%.

In August 2023, China exported 90,000 new energy vehicles, with a decrease of 11.2% month-on-month and a year-on-year increase of 8.1%.

From January to August 2023, China exported 727,000 new energy vehicles, with a year-on-year increase of 1.1 times.

(Note: the above data are from China Association of Automobile Manufacturers)

Translated by; WONDEE Autoparts

2023/10/20