AutoChina International Opens its First Store Locations in Hubei and Liaoning Provinces

SHIJIAZHUANG, China--AutoChina International Limited (“AutoChina�?? or the “Company�??) , China’s largest commercial vehicle sales, servicing, leasing, and support network, today announced that it recently opened two new store locations in Shenyang, the capital of Liaoning province; and Wuhan, the capital of Hubei province, which is now the Company’s southernmost branch. AutoChina now operates 184 store locations in the Hebei, Shanxi, Shaanxi, Shandong, Henan, Liaoning, and Hubei provinces and Inner Mongolia. The Company expects to lease over 12,000 commercial vehicles during 2010 and to operate at least 275 stores in total by the end of the year.

Each of these store locations are company-owned, standardized in “look and feel�??, linked to central headquarters, and serve as a base for local grass roots marketing. Each location costs approximately $10,000 to open and is staffed by six employees in the areas of sales and customer service. AutoChina holds no inventory, instead relying on numerous dealers of different manufacturers to supply the commercial vehicles it leases to its customers. The Company is planning to continue pursuing expansion opportunities across China, specifically in Jiangsu and Anhui provinces.

Mr. Yong Hui Li, Chairman and CEO of AutoChina, stated, “We feel that the opening of our first branch locations in Hubei and Liaoning provinces is the next step in expanding our geographic footprint across China. Each new location strengthens the value proposition AutoChina offers to its customers. Most of AutoChina’s customers are long-haul truckers, and access to our network across the country for any of their servicing requirements is a competitive advantage over any local competitor. We believe that we have created a scalable and cost-efficient operating structure, well-equipped to capitalize on the commercial vehicle growth in China and build on our position in this highly fragmented and growing market.�??

About AutoChina International Limited:

AutoChina International Limited is China’s largest commercial vehicle sales, servicing, leasing, and support network. AutoChina’s operating subsidiary was founded in 2005 by nationally recognized Chairman and CEO, Yong Hui Li. The Company owns and operates 184 commercial vehicle financing centers in northern and central China regions; and primarily provides sales-type leasing and support services for local customers. The Company’s website is http://www.autochinaintl.com.

Safe Harbor Statement:

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about the Company. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of the Company's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The following factors, among others, could cause actual results to meaningfully differ from those set forth in the forward-looking statements:

• Continued compliance with government regulations;
• Changing legislation or regulatory environments;
• Requirements or changes affecting the businesses in which the Company is engaged;
• Industry trends, including factors affecting supply and demand;
• Labor and personnel relations;
• Credit risks affecting the Company's revenue and profitability;
• Changes in the automobile industry;
• The Company’s ability to effectively manage its growth, including implementing effective controls and procedures and attracting and retaining key management and personnel;
• Changing interpretations of generally accepted accounting principles;
• General economic conditions; and
• Other relevant risks detailed in the Company’s filings with the Securities and Exchange Commission.

The information set forth herein should be read in light of such risks. The Company does not assume any obligation to update the information contained in this press release.