Comments on: China’s Used-Car Export Business Steps Up a Gear https://carspiritpk.com/chinas-used-car-export-business-steps-up-a-gear/?utm_source=rss&utm_medium=rss&utm_campaign=chinas-used-car-export-business-steps-up-a-gear Pakistan's Trusted Automobile Blog Wed, 21 Sep 2022 02:13:37 +0000 hourly 1 https://wordpress.org/?v=6.7.1 By: Mehdy Hassan https://carspiritpk.com/chinas-used-car-export-business-steps-up-a-gear/#comment-12636 Wed, 21 Sep 2022 02:13:37 +0000 https://carspiritpk.com/?p=58352#comment-12636

China exported more than 16,000 used cars in the first half of 2022, up from 15,123 last year

According to China Association of Automotive Manufacturers (CAAM) some 308,000 unites were exported to various parts of the world in August 2022, registering a year-on-year increase of 65% and a month-on-month increase of 6.2%.

China’s vehicle export volume has witnessed a remarkable surge with already sales already exceeded one million units, registering a massive 43% year-on-year growth.

so looking at recent articles on cspk, chinese exports of new cars & used cars got exponentially increased. they are now increasing market share in australia, europe, middle east, south africa and gcc countries, but still some stooges believe this is all bluff and they like keep burrying their head in the sand

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By: Ali Khan https://carspiritpk.com/chinas-used-car-export-business-steps-up-a-gear/#comment-12634 Tue, 20 Sep 2022 18:23:41 +0000 https://carspiritpk.com/?p=58352#comment-12634 … And now even Chinese cars are entering the used car market in a big way. That means there is a serious demand for them.

Wonder what the jap fan section will have to say about this.

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By: Ali Khan https://carspiritpk.com/chinas-used-car-export-business-steps-up-a-gear/#comment-12633 Tue, 20 Sep 2022 18:20:46 +0000 https://carspiritpk.com/?p=58352#comment-12633 Boosted by supportive government policies and an increasing number of dealers, as well as robust exports of new cars in recent years, China’s exports of secondhand cars have entered the fast lane, and their prices have increased sharply.”

“Furthermore due to lack of interest of government towards electric vehicles, Chinese EV makers are far from bringing anything worthwhile here. The used cars imported from Japan (aka JDM) was perhaps the best bargain for auto consumers of Pakistan but that door has also been shut to support the import-dependent “local” auto industry which is unable to stand on its feet for over 30 years.”

I know it is not an apples to apples comparison, but the difference between the approaches of the two countries towards their auto industries is night and day. The same companies operating in both the countries have such different ways of doing business. There they are forced to and expected to compete to keep afloat. Here they have been determining the direction of the auto sector and have done their damnedest to make sure they dominate. Impact on Pakistan’s economy or the auto industry be damned! Coupled with the non-serious and corruption filled way the auto sector is handled in Pakistan by our people in charge have all but destroyed this very lucrative sector.

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