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The automotive industry exports strong commercial vehicle business

November 27, 2022

According to the statistics of the Automobile Industry Association, from January to April this year, the domestic automobile import and export business showed a growth trend. Among them, the number of imported vehicles reached 70,000, an increase of 97% year-on-year; the number of vehicles exported was 87,000, a year-on-year increase of 139%, and the export volume of automobiles was significantly greater than the import volume. Among the exported cars, commercial vehicles accounted for nearly 80% of the total, which undoubtedly became the main force for automobile exports, showing a group of export star enterprises such as Yutong, Jinlong, Jianghuai and Zhongqi. It is worth mentioning that the top few exporters are companies with independent brands.

According to industry analysts, commercial vehicles have been the mainstay of the Chinese automobile industry for a long time in the past. In the domestic market, domestic brands of commercial vehicles firmly occupy the leading position; in the international market, domestic competitive products should also have a place, at present, China's commercial vehicles have opened up the market in the international market. Vigorously developing China's commercial vehicle exports can increase the popularity of Chinese automotive products, open up overseas financing channels, and foster international marketing channels, laying a solid foundation for the automotive industry to fully enter foreign countries.

However, an analysis of China’s commercial vehicle export regions can be found mainly in Southeast Asia, the Middle East, North Africa, and South America, while the European and American markets are still in development, and prices are still the biggest advantage of China’s auto exports. In response to this phenomenon, some experts pointed out that commercial vehicle exports should quickly get rid of the low-end market, low-end vehicles, low prices, low profits, low-quality "five low" status, improve product quality and service quality, in order to open the door to the markets of developed countries .



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