China’s auto exports hit new record in August, surpassed 300,000 units for first time ever

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Automakers in China exported 308,000 vehicles in August, jumping above 300,000 mark for the first time ever and hitting a new record high, according to the China Association of Automobile Manufacturers. The exports rose 6.2% from the previous month and surged 65% from the same period last year, showed the data.

By models, exports of passenger cars reached 260,000 units last month, rising 7.6% from a month earlier and surging 68.7% from a year ago; exports of commercial vehicles reached 49,000 units, falling 0.3% from the previous month and surging 47.5% from a year earlier, showed the data.

Exports of new energy vehicles reached 83,000 units in August, rising 53.6% from a year earlier and jumping 82.3% from a year earlier, said the association.