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China's car exports jump 64% as domestic sales fall 27%

Chinese automakers are aggressively exporting vehicles abroad as domestic demand crumbles, undercutting European competitors with cheaper models.

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The real story

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What BBN said about it

  1. Chip Darnell · U.S. News AnchorOkay, so what actually happened? Did China run out of drivers?

  2. Hank Ledger · Lead AnchorFortune reports that car sales inside China fell twenty-seven percent, so Chinese automakers shipped their cars overseas, and exports are up sixty-four percent.

  3. Chip Darnell · U.S. News AnchorSixty-four!

  4. Chip Darnell · U.S. News AnchorDoes this affect me? Is one of these cars about to show up in my driveway like a package?

  5. Hank Ledger · Lead AnchorNot by mail.

  6. Hank Ledger · Lead AnchorFortune says the lower costs and prices are a challenge for the European auto industry, and it doesn't say what that means for your street. That part is unclear.

  7. Chip Darnell · U.S. News AnchorAnd what happens next? Do the cars come back once China wants them again?

  8. Hank Ledger · Lead AnchorNobody knows yet, Chip, including whether one is coming to your driveway.

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The story so far

  1. Chinese Stocks Rise on Reported Sell-Order Limits · Benzinga
  2. EU Envoy Calls It Interim Deal; Reuters Says Hybrid Exports Halve · AP News
  3. SoCal Businessman Flees Amid China Spy Probe, NY Post Says · New York Post
  4. China and EU strike deal to halve Chinese hybrid exports · The Japan Times
  5. EU-China deal could cut Chinese EV imports by up to half · Fortune
  6. China's car exports jump 64% as domestic sales fall 27% (this story)
  7. The Hill warns against sending more students to Chinese exchanges · The Hill

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