1 million Chinese vehicle exports by 2010? Possible or not? We know Chinese manufacturers are up for spitting out any seemingly random sales goal that are far from their previous years sales goals, perhaps it drives up their stock price for a slight moment, we dont know.
CHINA may export one million vehicles a year by 2010 as car makers counter rising domestic competition with the advantage of low labor costs compared to overseas rivals.
The country may sell more than 800,000 vehicles overseas next year, while auto-part exports may rise as much as 40 percent annually, Zhang Ji, deputy head of the Commerce Ministry office overseeing exports of mechanical and electrical products, said in Beijing.
It is possible! For example, in Russia, sales of chinese cars in the first half-year have grown on 4,7 times! But in absolute magnitudes, sales of chinese cars not big - 23,000 units. The lion’s share it is Chery-cars.
MR. Bear,
Please keep us updated with the events of Chinese cars in Russia!
Hey Russian bear, thanks for the info.
Its all smoke and mirrors!!