Chinese Automobile Companies Exported 389,000 Vehicles In May

Data from the China Association of Automobile Manufacturers (CAAM) shows that in May, auto companies exported 389,000 vehicles, a month-on-month increase of 3.4% and a year-on-year increase of 58.7%.

In terms of vehicle types, 325,000 passenger vehicles were exported in May, a month-on-month increase of 3.1%, and a year-on-year increase of 66.3%; commercial vehicle exports were 63,000, a month-on-month increase of 5.2%, and a year-on-year increase of 28.6%.

The export of new energy vehicles reached 108,000 units, a month-on-month increase of 7.9% and a year-on-year increase of 1.5 times. Auto exports totalled 1.76 million units in the first five months of the year, up 81.5% year-on-year.

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