Chery Auto says its overseas shipments topped 20,093 in May, reaching a new monthly high. Compared with the same period in 2011, exports surged 42.4.%. The company currently has 16 production bases and more than a thousand dealerships outside China.
In the first five months, Chery sold nearly 70,000 vehicles (including complete sets of parts) to foreigner buyers, the most among all Chinese automakers. For the whole year of 2012, it targets 171,000 in overseas sales but hopes for 200,000, according to an announcement made at a meeting of Chery’s overseas dealers in April.
Great Wall Motor, another major Chinese exporter of vehicles, shipped 38,000 units in the first five months to foreign markets, up 41.6% on year, and 8,860 in May, up 77.6%.
In general, however, the growth of Chinese auto exports slowed down sharply from a year ago. In the first quarter, total shipments went up 10.2% to 175,000, compared with a 54% year-on-year increase in Q1 2011.