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The amount of imports and exports of domestic large automobile groups (companies) is seriously out of balance, and the ratio of exports to total imports and exports is extremely low. Compared with other industries ranked at the forefront, the gap between auto companies is obvious.
A total of six auto companies were on the list of 500 companies with the largest import and export volume in 2005. They were: Dongfeng Motor Corporation, ranked 37th; China FAW Group ranked 44th; Shanghai General Motors Co., Ltd. Ranked 85th; Beijing Hyundai Motor Co., Ltd. ranked 213th; Shanghai Volkswagen Automotive Co., Ltd. ranked 284th; and Shanghai GM Dongyue Automobile Co., Ltd. ranked 315th. The import value of these large foreign trade vehicles accounted for an average of 93% of the total import and export volume, of which Shanghai General Motors Dongyue Automobile Co., Ltd.'s imports accounted for almost 100% of the total import and export volume, while the proportion of export value was extremely low.
In 2005, China exported more than 170,000 vehicles to complete vehicles, which is more than 10,000 vehicles imported. The export volume exceeded the import volume for the first time. However, the trade deficit in China's auto products cannot be ignored, and it also reveals the characteristics of the current small-scale and scattered exports of automobiles.
In the list of 200 companies with the largest amount of exports in 2005, no auto companies appeared. Although 2005 was hailed as the "first year of exports" of Chinese automobiles, the export of a number of automotive companies, especially those of independent brands, has aroused widespread concern. However, compared with other industries, the export value of the automobile industry is still at a level. In the initial stage, especially the large-scale automobile companies that have an important position in the industry, the amount of money exported and imported is very different.
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