China Auto-parts Import Value Up 7.3% In 2008
Specifically, imports of auto wheels and parts grew 41.19 percent to $290 million in 2008; imports of major auto parts and car bodies grew 4.89 percent to $13.45 billion; imports of engines and parts grew 9.72 percent to $1.68 billion; and imports of other automotive components soared 18.92 percent to $864 million.
In 2008 China imported 410,100 cars worth of $15.13 billion, up 30.53 percent by number and 41.65 percent in value from 2007.
China's total imports of autos, including auto parts and components, rose 20.96 percent year-on-year in 2008 to $31.43 billion, according to CAAM.
For more information please visit http://www.gasgoo.com