China’s strong economic resilience is to lend support for the automobile industry,
According to the data released by the China Association of Automobile Manufacturers on Wednesday,
carmakers in China churned out more than 2.23 million cars in April, up 6.3 percent on a yearly basis.
Meanwhile, the number of cars sold increased 8.6 percent on a yearly basis to over 2.25 million in April.
Nearly 151,000 made-in-China vehicles were exported in April,
a record high and 1.1 times the data collected in the same period a year ago.
The figure was a 13.7 percent jump over the exports in March.
The number of Chinese brand passenger cars sold last month jumped 34.8 percent year-on-year to 719,000, accounting for 42.2 percent of all the passenger vehicles sold in April.
The market share of Chinese carmakers increased 7.5 percentage points from a year earlier, the CAAM said.
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