China’s foreign car imports nearly double in 2010

Feb 18, 2011 12:00 AM

China witnessed an impressive year-on-year increase of 93.33 % in its foreign car imports in 2010, according to statistics released by the China Association of Automobile Manufacturers (CAA).
Among the 813,600 foreign auto-mobiles China imported, vehicles from Germany and Japan seem to have won the most favour in spite of the security issues on Japanese cars that were brought up in 2010. While 400,000 car imports came from the two countries, nearly 300,000 were from South Korea, the US, the UK, Mexico, Slovakia, Belgium, Austria and Portugal. China’s car imports from the aforementioned 10 countries accounted for 97 % of its total annual imports.

SUVs continued to dominate among all imported car models, seeing a 69.45 % increase from a year earlier. Sedans and small bus imports also witnessed a 110 % and 150 % year-on-year increase, respectively, up to 343,700 and 89,900. Related statistics showed a recovery in China’s car exports in 2010 at the same time. The total automobile export volume exceeded $ 50 bn for the first time to $ 51.8 bn, with auto part exports accounting for 78 % of the figure.

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