China Vehicles Gain 5.9% Market Share in Chile

In the first seven months of this year, China exported 9,895 vehicles to Chile, soaring by 438.9% year on year(y/y) and gaining 5.9% market share of the Chilean auto market, reported Shihua Financial Information today.

From January to July, Chile’s vehicle exports totalled 168,000 units, up 30.9% year on year (y/y), and the export revenue reached $1.87 billion, up 42.1% y/y.

Earlier data showed that the first-half exports of Chinese-made vehicles had reached 5,160 units, taking 4.8% of the Chilean auto market. Chinese auto brands sold in Chile include Changan, Chery, Great Wall, Hafei, Lifan and Dongfeng.

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