2 Tianjin blasts

The massive explosions in the port of Tianjin on Aug 12 destroyed thousands of imported cars.

As the fourth-largest port in the country and the closest to the capital, Tianjin is an important import hub for foreign automakers. According to Sohu.com, more than 55 percent of imported cars arrive in China through the port every year.

The explosions affected a dozen foreign automakers, including Volkswagen, Renault, Toyota and Hyundai, with total losses estimated at more than 2 billion yuan ($313.5 million).

The blasts delayed the deliveries of vehicles to customers. Some automakers rerouted their cars to other ports such as Shanghai or Qingdao.

[Photo/China Daily]