Analysis of China's Automobile Exports in October 2023

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

In October 2023, China's automobile exports reached 488,000 units, with a month-on-month increase of 9.8% and a year-on-year increase of 44.2%.

From January to October 2023, China's automobile exports reached 3.922 million units, with a year-on-year increase of 59.7%.

In October 2023, China's passenger car exports reached 421,000 units, with a month-on-month increase of 10.4% and a year-on-year increase of 50.5%.

From January to October 2023, China's passenger car exports reached 3.306 million units, with a year-on-year increase of 67.3%.

In October 2023, China's commercial vehicle exports reached 67,000 units, with a month-on-month increase of 6.7% and a year-on-year increase of 14.5%.

From January to October 2023, China's commercial vehicle exports reached 616,000 units, with a year-on-year increase of 28.3%.

In October 2023, the export of traditional fuel vehicles reached 364,000 units, with a month-on-month increase of 4.5% and a year-on-year increase of 59.3%.

From January to October 2023, the export of traditional fuel vehicles reached 2.927 million units, with a year-on-year increase of 49.6%.

In October 2023, China's new energy vehicle exports reached 124,000 units, with a month-on-month increase of 29.3% and a year-on-year increase of 12.8%.

From January to October 2023, China exported 995,000 new energy vehicles, with a year-on-year increase of 99.1%.

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

Translated by; WONDEE Autoparts

2023/12/25