Chinese auto exports were up 50.03% year-on-year to 849,500 units in 2011, according to figures released by the China Association of Automobile Manufacturers (CAAM).

Meanwhile, exports value increased 56.74% to US$10.9bn.

Exports of sedans more than doubled to 372,100 units, up 110%. Bus exports were up 34.63% to 102,900 units, while truck exports were up 39.4% to 291,300 units.

Figures released from China Customs varied slightly. Total auto car exports were up 52.2% to 824,000 units, while value of exports increased by 60.5% to $9.9bn.

While auto exports were up, sedans continued to fetch lower prices per unit in overseas markets. The average price of an exported sedan was $6,981 in 2011, 1.5% less from that in 2010, according to Chinese Customs. The average exported small/ mini bus fetched $7,307, 0.8% less from that in 2010.

Trucks, however, fetched 8.5% more than 2010, selling for $12,000 on an average.

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The top ten countries importing Chinese vehicles in 2011 were led by Brazil, Algeria, and Russia, according to CAAM.

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