Latest from Japan news on 19 May 2023 China overtook Japan as the world's top auto exporter in the first quarter 2023....
China's automobile exported 1.07 million units vs Japan 950,000 vehicles exported during the same quarter.
Originally reported in Jan 2023: China has surpassed Germany to become the world’s second-largest car exporter after mainland exports jumped 54% year on year to 3.11 million vehicles in 2022, The nation is also closing in on Japan’s export volume, and is likely to clinch the title of the world’s top car exporter in the coming few years, analysts said. According to MarkLines, an auto industry data provider, Japanese carmakers shipped 3.2 million vehicles abroad in the first 11 months of 2022, almost unchanged from a year earlier.
I am surprised too - How can China car makerts able to exceed Germany's global export given the last 3 years of Zero-COVID policy and US tech war against the PRC ?
(20-02-2023, 03:36 PM)lylcnn Wrote: Partly (large part) thanks to Tesla ?
I think it should since China is the only country outside of the US to have a Gigafactory since 2020.... Elon had been impressed with the Chinese productivity an speed that he promoted the country chief Tom Zhu to be his 2IC to lead sales in EU and US.
I now can see why Elon don't like Biden...
Tom Zhu in 2020 with 1st Made-in-China Tesla delivery to Europe.
(20-02-2023, 03:33 PM)WhatDoYouThink! Wrote: A lot more surprises are forthcoming, that's why the west are very worried
I really don't understand such myopic thinking of some AMTK...given the fact China has been the factory of the World for many years...The more they fear China, the more they are unprepared for fast coming future...and present.
(20-02-2023, 03:17 PM)Manthink Wrote: China has surpassed Germany to become the world’s second-largest car exporter after mainland exports jumped 54% year on year to 3.11 million vehicles in 2022,Â
The nation is also closing in on Japan’s export volume, and is likely to clinch the title of the world’s top car exporter in the coming few years, analysts said. According to MarkLines, an auto industry data provider, Japanese carmakers shipped 3.2 million vehicles abroad in the first 11 months of 2022, almost unchanged from a year earlier.
no use what...................even if the cars belong to Chinese brands...............can't make anywhere near as much profit as the Germans.............
(20-02-2023, 05:12 PM)Napoleon Porlumpar Wrote: no use what...................even if the cars belong to Chinese brands...............can't make anywhere near as much profit as the Germans.............
That is exactly what some said about Apple inc with their 120% markup for each MIC iPhone sold.
If Steve Job hadn't decided to make iPhone in China since 2008/9, could Apple reach US$1Trillion valuation ?
Cannot believe this can happen so soon - and we have not even reach half-way in 2023...
BBC (18 May 2023) Officials figures released this week show China exported 1.07m vehicles in the period, up 58% compared to the first quarter of 2022. At the same time Japan's vehicle exports stood at 954,185, after edging up 6% compared to a year earlier.