Analysis on Chinese Export Buses in the First 10 Months of 2011

23 November 2011

www.chinabuses.org: From the latest statistics issued by China Association of Automobile Manufacturers show that the production and sales volume in October 2011 respectively are 34,900 vehicles and 32,900 vehicles which respectively increased by 17.53% and 23.33% over the volume of 2010. In the first 10 months of 2011, the production and sales volume respectively are 319,500 vehicles and 326,600 vehicles which respectively increased by 11.78% and 13.03% over the volume of 2010. From above data, it is seen that Chinese buses enterprises have adjusted the overseas market strategy to gain the success in it.


It is reported that in the first 10 months of 2011, Kinglong totally exported 7,147 buses which the year-on-year growth reached 32%. Besides, the total amount value of the exports reached RMB 1.839 billion which the year-on-year growth reached 95.4%. It is also reported that at present, the total sales volume of the exports accounts for 30% of the total sales volume of the company.


For Yutong, in the first 10 months of 2011, YuTong have already exported 2,504 units of large and medium-sized buses which accounted for 15.9% of the bus industry total export amount with its 37% year-on-year growth.


By November 2011, the exported quantity of Ankai bus was more than double the quantity of last year and its total amount is three times as much as last year especially in 10m above bus accounted for two-thirds of the total export amount. Among them, in the first half of 2011, Ankai sold 3000 school buses to Saudi now the first 800 cars has completed and delivered and the rest of the 2200 school buses will be delivered before May of next year.

Source : www.chinabuses.org

Editor : Lily

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Tags: Kinglong YuTong Ankai 2011

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