China’s passenger vehicle exports rose 77.5% year over year to a record 894,000 units in August, as automakers stepped up overseas sales while the home market weakened. BYD and Geely Auto set monthly export records, and new energy vehicle exports climbed 154.7%. Domestic passenger vehicle sales fell 23.7% to 1.55 million units, extending their decline to an 11th consecutive month. The China Passenger Car Association expects total vehicle exports to reach 12 million units this year, while authorities have issued overseas-operation guidelines warning automakers against steep or frequent price cuts.