China Automobile Association: In October, domestic car exports reached 568,000 units, an increase of 27.7% year-on-year.

According to data from the China Passenger Car Association, in October, 568,000 passenger cars were exported, an increase of 27.7% compared to the same period last year, and an increase of 7.5% compared to the previous month. From January to October, the total export volume of passenger cars by manufacturers reached 4.567 million units, an increase of 14.2% compared to the same period last year. In October, new energy vehicles accounted for 44.2% of the total export volume, an increase of 17 percentage points compared to the same period last year. The export volume of domestic brands reached 476,000 units in October, an increase of 27% compared to the same period last year and an increase of 3% compared to the previous month; joint venture and luxury brands exported 92,000 units, an increase of 31% compared to the same period last year.