Statistics released by the Chinese Ministry of Commerce (MOFCOM) reveal that exports of Chinese automobiles, and in particular passenger vehicles, soared in the first quarter. Exports reached 62,628 in volume and $646.96 million in value, an increase of 139% and 204.5% respectively. Of this total, car exports accounted for 16,813, up 458% year-on-year, with an export value of $116.76 million.

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