Robert Besser
26 Apr 2025, 15:58 GMT+10
BEIJING, China: China's automobile exports rose sharply in the first quarter of 2024, with 1.54 million vehicles shipped abroad, marking a 16 percent increase from the same period last year, according to an industry official.
China Passenger Car Association (CPCA) Secretary General Cui Dongshu said in a WeChat post that exports reached 570,000 units in March alone, up 16 percent year-on-year.
Commenting on the latest figures, VTmarkets noted, "From our perspective, these trends are not simple fluctuations but rather anchored in consistent industrial output. Looking more deeply, it suggests that Chinese producers are managing to remain competitive on pricing and production timelines, even as pressures from raw input costs and logistics persist across other regions.
"The monthly data provides a more immediate pulse. 570,000 vehicles leaving the country in March alone shows momentum isn't slowing. That rate matches the overall quarterly growth, pointing to an uninterrupted pace of shipping and production. When we map that onto futures and options pricing models for commodities like steel, rubber and lithium, it becomes clearer how demand expectations are feeding forward into price curves."
Get a daily dose of Manufacturing Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manufacturing Mirror.
More InformationRussias top diplomat says his French colleagues occasionally express desire to resolve strained relations Russian Foreign Minister...
Srinagar (Jammu and Kashmir) [India], April 25 (ANI): Jammu and Kashmir Chief Minister Omar Abdullah on Friday said that he had sent...
Hyderabad (Telangana) [India], April 24 (ANI): Bharatiya Janata Party (BJP) MP Dr K Laxman strongly criticised businessman Robert Vadra's...
Amritsar (Punjab) [India], April 24 (ANI): Locals in Amritsar have lauded the decision of the Indian government to shut the Attari...
Raipur (Chhattisgarh) [India], April 24 (ANI): The mortal remains of Dinesh Miraniya reached his residence in Raipur, Chhattisgarh...
Jaipur (Rajasthan) [India], April 24 (ANI): Rajasthan Chief Minister Bhajanlal Sharma on Thursday paid his last respects to Pahalgam...
BEIJING, China: China's automobile exports rose sharply in the first quarter of 2024, with 1.54 million vehicles shipped abroad, marking...
TOKYO, Japan: Japan had a trade deficit in the past fiscal year, but made a trade surplus with the U.S., the Finance Ministry said...
TOKYO, Japan: Toyota is weighing plans to build the next-generation RAV4 SUV in the United States, according to three people familiar...
BEIJING, April 26 (Xinhua) -- A selection of the best press photos from Xinhua. This stitched photo taken on April 23, 2025 shows...
Chennai (Tamil Nadu) [India], April 25 (ANI): Reigning National Champion Karna Kadur and Musa Sherif of Arka Motorsports set the quickest...
Visitors look at an Xpeng G7 on display during the 21st Shanghai International Automobile Industry Exhibition in east China's Shanghai,...
