Monday, July 22, 2013

Chinese automotive data of export come to go down

Shanghai, -China automotive data of export come to go down and the crisis still go on.

 In the automotive data, China's efforts to become the largest export base in the world was doomed to fail because the shipment unit (CBU) from manufacturers continued to decline in the last two months (June and May). Last June, China exported only 84,400 vehicles, one-fifth of the same month in the previous year. Meanwhile, in May 2013, also go down16 percent.

Exports base on automotive data continued to decline following the economic and political conditions in some countries is not yet stable. However, China still lucky because the improved domestic market, sales rose 1 percent for the period January to June 2013.

China Automotive Industry Association (CAAM) said local manufacturers China contributed 38 percent of passenger vehicle sales in June, better than the end of 2012, had dropped 37 percent. Foreign brands still dominate as it continues to build a new factory in China.

Scott Laprise, an analyst with CLSA said exports so one local brand of choice when the domestic market down. Until now, there were 140 Chinese local brands competing for market share. Last June, sales reached 1.75 million units. Special passenger vehicles rose 9.3 per cent to 1.4 million units.



In January-June 2013, total vehicle sales rose 12 percent to 10.78 million units. While 14 percent of passenger cars sped to 8.67 million units.

"Unrtuk local producers, it could boost exports by 50 per cent or higher. Fact not materialize. Therefore, present a challenge," said Dong Yang, Executive Deputy Commissioner as well as the Secretary General of CAAM.

The Chinese automotive data make us believe that the automotive world is still promising.