Robert Besser
26 Apr 2025, 15:58 GMT+10
BEIJING, China: China's automobile exports rose sharply in the first quarter of 2024, with 1.54 million vehicles shipped abroad, marking a 16 percent increase from the same period last year, according to an industry official.
China Passenger Car Association (CPCA) Secretary General Cui Dongshu said in a WeChat post that exports reached 570,000 units in March alone, up 16 percent year-on-year.
Commenting on the latest figures, VTmarkets noted, "From our perspective, these trends are not simple fluctuations but rather anchored in consistent industrial output. Looking more deeply, it suggests that Chinese producers are managing to remain competitive on pricing and production timelines, even as pressures from raw input costs and logistics persist across other regions.
"The monthly data provides a more immediate pulse. 570,000 vehicles leaving the country in March alone shows momentum isn't slowing. That rate matches the overall quarterly growth, pointing to an uninterrupted pace of shipping and production. When we map that onto futures and options pricing models for commodities like steel, rubber and lithium, it becomes clearer how demand expectations are feeding forward into price curves."
Get a daily dose of Brazil Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Brazil Sun.
More InformationWashington [US], April 26 (ANI): Former 'The Voice Kids' star Karen Silva has passed away at the age of 17 after experiencing a hemorrhagic...
New Delhi [India], April 26 (ANI): Prime Minister Narendra Modi on Saturday said that the world will always remember His Holiness Pope...
Vatican City, April 26 (ANI): The Vatican formally ended the lying in state of Pope Francis on Friday evening, sealing his coffin during...
BEIJING, April 26 (Xinhua) -- Here are the latest Chinese sports headlines from the past week:1. Chinese basketball rising star Yang...
Tel Aviv [Israel], April 26 (ANI/TPS): Israel's Foreign Minister Gideon Saar has thanked Paraguay for recognising Hezbollah, Hamas,...
G4Ss mercenaries are everywhere from the halls of American power to the darkest corners of detention centers The British-American...
WASHINGTON, D.C.: The United States plans to press India for sweeping changes to its e-commerce policies as part of negotiations aimed...
BEIJING, China: China's automobile exports rose sharply in the first quarter of 2024, with 1.54 million vehicles shipped abroad, marking...
BEIJING, China: At Home Plate BBQ in Beijing, the iconic Texan brisket is about to get a new passport. The restaurant, known for its...
NEW YORK, New York - Stocks were largely higher on Friday with all the indices notching up daily and weekly gains. Steadying the markets...
NEW YORK CITY, New York: Stores that sell secondhand clothes, shoes, and accessories might actually benefit from President Trump's...
CHICAGO, Illinois: Motorola Solutions rolled out a new multi-functional device aimed at streamlining emergency response for law enforcement...