China car exports hit record in August as domestic sales slide
In August, China car exports stayed strong with automakers led by BYD shipping a record number of vehicles overseas. Passenger vehicle exports rose 77.5% to 894,000, while domestic sales fell for the 11th straight month.
China's car exports remained strong in August, with automakers led by BYD SZSE:002594 shipping a record number of vehicles overseas, even as the domestic market weakened. 5% from a year earlier to 894,000 units, while domestic sales fell for the 11th straight month.