Article: CHINA JAN-AUG COMPLETE VEHICLE EXPORT DOWN 59.37%


AsiaInfo Services
09-11-2009
China Jan-Aug Complete Vehicle Export Down 59.37%

BEIJING, Sep 11, 2009 (SinoCast Daily Business Beat via COMTEX) -- China's complete vehicle export volume amounted to 186,600 in the first eight months of 2009, slumping 50.80 percent year on year, according to the China Association of Automobile Manufacturers.

In August alone, the indicator stood at 21,800, plunging 59.37 percent from a year earlier and slipping 2.63 percent from a month earlier. From January to July, the import and export value of automotive products totaled USD 33.907 billion, including USD 18.919 billion as export value, down 35.97 percent year on year.

The export decline hurt Chinese ...

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