Auto exports dive in Jan-Feb

Despite booming domestic sales, China's automobile manufacturers suffered a setback in the overseas market during the first two months of this year.

According to Customs' data, China exported 40,000 vehicles in the first two months, a 61.7 percent decline year-on-year.

The export volume of 16,000 units in February, 66 percent lower than that during the same month last year, has set a record for the lowest monthly exports since 2007.