China’s Auto Exports Set Monthly Record in March

What’s new: China’s passenger vehicle exports jumped 39% year-on-year in March to 406,000 units, setting a monthly record, according to an industry group Tuesday .

Of the exported vehicles, around 120,000 were new-energy vehicles (NEVs), data published by the China Passenger Car Association (CPCA) showed. NEV exports in March increased 70.9% compared with a year ago, it said.