The global economic stagnation began to influence China auto export greatly. In Aug. 2008, China auto export volume was 57,531 units decreased 18% compared with Jul. report of Association of China Automobile Manufacturers said.

Auto import & export value in Aug. was 7.417 billion US$, decreased slightly compared with Jul.  Import value was 2.713 billion US$, decreased 7.60% compared with Jul, increased 22.58% y-o-y. Export value was 4.704 billion US$, decreased 1.53% compared with Jul, increased 23.32% y-o-y.

After a five year rapid increase, China auto export finally begin to decrease when the global auto industry faces a massive slowdown. As a major market of China commercial vehicle makers, Vietnam was stroked by a major economic crisis which influenced vehicle export of several truck makers such as JAC and Foton. In Aug. there were only 859 vehicles exported to Vietnam, decreased 73%. As a major passenger vehicle market for China auto makers, Ukraine imported nearly 540,000 vehicles in the first 8 months of 2008, increased 103% y-o-y. However, the number in Aug. was 3,814 units decreased 50% either compared with Jul. or same time of last year.

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