Auto Industry Report - Current Status of Auto Exports

Current Status of Auto Exports

1. Historical Export Revenues and Main Export Destinations of China’s Auto Industry
During the period between January and November 2008, the auto export revenue totaled at USD 3.832 billion, a year-on-year increase of 17.2%; the export growth is slowing down, relatively. However, with gradual government regulations on auto export, as well as constant technological innovations in the auto industry, China’s auto industry is at a better position internationally with a bright future for the export business. (Data from China Customs)











Main Export Destinations















2. Analysis on the Exports of Key Products
. Bus
From January to November 2008, the total revenue of bus export was USD 1 billion, up 27.2% over the previous year. Export destinations: Iran, Russia, South Africa, Saudi Arabia, and Cuba, etc. (Data from China Customs)










Remarks: Details of China’s Bus Export in 2006 and 2007 (in USD)















.Car, Sedan, SUV, and All-terrain Golf Cart

From January to November 2008, the total export revenue of all small passenger vehicles was USD 2.832 billion, an increase of 14.0% over the previous year. In 2007, small passenger vehicles were mainly exported to Russia, the US, Ukraine, UK, and Venezuela. (Data from China Customs)













Remarks: Details of China’s Small Passenger Vehicle Export in 2006 and 2007 (in USD)

Auto Industry Report - Overview of Auto Industry

Overview of Auto Industry
1. Definition of Auto Industry
Autos in this report mainly refer to passenger motor vehicles, including buses, cars, sedans, SUVs,all-terrain golf carts and others.
2. Tax Rebate on Exports
After multiple adjustments, the tax rebate rate of passenger motor vehicle exports (bus, car, sedan, and SUV) is currently fixed at 17% in China, and that of golf cart at 9%.
3. Auto Industry Prospect
Since it became a member of WTO, trade between China and all countries in the world has become ever more active and frequent, especially in the case of the auto industry. The Government has designated the auto industry as a national pillar industry, and auto export as one of the areas the auto industry emphasizes to develop. Currently, auto export of our country, either automobile export or spare parts export, is satisfactory, and has achieved a enviable achievement.

Electricity in the air at Detroit car show

Affordable battery-powered autos showcased as future of industry

The main hall of the Detroit auto show has long been a place of Machiavellian maneuvers, with powerful car makers defending their prime turf while banishing the weak and the weird to Cobo Center's basement.

But it is different this year at the North American International Auto Show. Brands like Pontiac, Saturn and Saab are dead or dying, and high-end manufacturers like Porsche, Rolls-Royce and Aston Martin are staying away. So the main hall suddenly had room for Chinese hybrids, Korean electrics and other ''green'' cars whose makers invariably billed themselves as visionaries.

The mass-market automakers left standing moved on, determined to do something to revive morale for the beaten-down industry. And this year's show certainly improved on last year's grim spectacle, which was followed by General Motors' and Chrysler's plunge into bankruptcy and government bailouts.

Modestly optimistic that sales have bottomed, the gathered companies again are trying to perform their trickiest balancing act: hedging their green bets so they devote neither too few resources, nor too many, to technologies that could save, distract or bankrupt them, depending on how they roll the dice.

For example, judging from the prominence of the 37,000-square-foot ''Electric Avenue'' exhibit, an observer might think that most Americans buy hybrids, or that electric cars exist beyond golf-course communities and a handful of upper-crust garages.

The cold reality is that nearly 98 percent of Americans choose conventional internal-combustion cars. Hybrids, which still have gasoline engines, account for most of the rest.

Yet despite the need to sell many more cars in 2011 and beyond, automakers large and small seemed to agree that dazzling, affordable battery vehicles are what's required to rescue the industry, save the planet and get average people excited about cars again.

Adopting that auto-show story line, automakers took turns declaring a desire to seize electric-car leadership. Jesse Toprak, vice president for industry trends at TrueCar.com, a consumer Web site, said automakers' environmental efforts seem increasingly sincere, driven in part by tough fuel economy standards to take full effect in 2016.

The strategy is, ''If I'm forced to produce these green cars, let's figure out a way to make money and make a splash,'' Toprak said.