Five Chinese automakers, including Brilliance, Changan, Great Wall, Jianghuai and Lifan, exported only 745 vehicles to the European Union (EU) in the first nine months of this year, SinoCast said yesterday.
Brilliance Auto and the Landwind brand of Jiangling Auto gained an export volume of eight and one, respectively. Jiangling Holding, the first Chinese auto exporter to Europe, only sold one Landwind to the continent in September.
In the first nine months, Lifan Group exported only 24 vehicles to the EU. Great Wall Motor sold 675 units, and Changan Auto, with six overseas plants, sold 34 units.
China’s auto export to the EU was not big, but he did not imagine the export was so small, said an auto industry expert. Though exports to Russia and Eastern Europe are comparatively better, Chinese automakers have also suffered a lot in these markets.
In the first ten months, Chery Auto sold 3,860 vehicles in Russia, down 74% year on year. The sales of Great Wall Motor and BYD Auto both slumped more than 70% in Russia. Lifan Group also incurred a sales fall in the country.
Chinese automakers have started to change their export strategies. In addition to a plant in Mexico, Changan Auto is planning a foray into Turkey. Chery, Geely, Great Wall are also working on their expansion in Turkey.