China became the largest car exporter.

Photo of author

By vexwift.com

China has reached a new milestone in automobile manufacturing. Like other industries in China, the automobile industry is also developing at a very fast pace. It has now become the largest car exporting country in the world in 2023.

“China is set to become the world’s largest car exporter for the first time by the end of 2023 due to increased sales to the Russian and Mexican markets.” the Nikkei reported.

From January to November this year, Chinese-assembled car exports rose by 58.4% year-on-year to 4.41 million units. Japan exported 3.99 million vehicles in the same period of time.

Earlier, Japan was the largest exporter of vehicles in the world, but now China has taken this position away from it.

Join us on Facebook

Join us on X

Leave a comment