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China achieved record vehicle exports in 2006

China’s vehicle exports reached 340,000 units in 2006, of which 90,000 were passenger cars.

The total compared with 173,000 vehicles exported from China in 2005, which itself represented 120% growth compared with 2004’s 78,000 units.

The figure remains a small proportion of the over seven million vehicles produced in China last year, when the country overtook Germany as the world’s third-largest vehicle producer.

The Chinese Ministry of Commerce has indicated that total automotive exports, including built-up vehicles and parts, should reach a value of $120 billion (£61.2 billion) in 10 years’ time – which compares with $10.9 billion (£5.6 billion) in 2005.

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