China’s vehicle export volume in October dropped 18 percent year-on-year to 68,000 units, with the transaction value of $1.003 billion down 2.2 percent
The output value of four automobile OEMs hit 85.46 billion yuan ($14 billion) in the first 10 months of 2013, a year-on-year increase of 24.47 percent, according to the administration commission of Shenyang Motown.
Zhejiang Geely Holding Group Co says it sold 55,785 vehicles of its own brands in last month, up 15 percent from a year earlier.
Porsche AG says it delivered 2,948 vehicles in China last month, up nearly 21 percent year-on-year.
China's second-hand automobile market will hit annual sales of more than 36 million by 2023, a six-fold increase from 2013.
China's automobile sales and output posted faster year-on-year growth in October, according to official data released Monday.
Auto companies are on track to achieving strong annual profit growth in 2013, according to a preliminary estimate based on automakers' newly released financial statements.
GM and its joint venture sales in October reached 282,446 units, up 12.2 percent year-on-year, according to the company news release.
Ford Motor and its joint venture wholesales in October in China rose 55 percent year-on-year to 93,969 vehicles, according to the company news released recently.
China's locally produced SUV sales in September increased 70.7 percent on a yearly basis to 263,961 units, according to CBU-Autostats.
Chinese brands' SUV sales in September rose 52.3 percent on a yearly basis to 99,071 units, and their market share was down by 5 percentage points to 37.5 percent.
September sales of Japanese brands' locally produced SUVs in China increased by 114 percent year-on-year to 59,619 units, and their market share was 22.5 percent, up 4.6 percentage points.
Nissan Motor announced on Monday that the company sold 114,700 vehicles in China in October with its local JV partner, up 127.8 percent from a year earlier.
September sales of Chinese brands' A0-class cars dropped 5.1 percent year-on-year to 50,670 units.
Chang'an Group sales in October came up to 190,376 vehicles with an increase of 27.8 percent on a yearly basis, according to the company news release.
Volvo recently announced that its October sales in China rose 50.1 percent on a yearly basis to 5,086 units.
Sales of Shanghai-GM in October this year rose 13.5 percent year-on-year to 137,269 units, according to a company news release.
Ford Motor Co and its local partners in China sold a total 93,969 vehicles on a wholesale basis in October, an increase of 55 percent year-on-year.
Honda Motor Co Ltd and its two local joint-ventures sold 75,150 automobiles in China in October, up 211.6 percent from a year earlier.
Dongfeng Motor Group Co Ltd posted a 39 percent rise in third-quarter profit on the back of China's auto market recovery, according to Reuters.
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