China Auto Logistics Executes Memorandum of Understanding to Purchase Fast Growing Automotive Consumer Website

TIANJIN, CHINA, Apr 22 (MARKET WIRE) --
China Auto Logistics Inc. ("the Company" or "CALI") (NASDAQ: CALI), one
of China's leading automobile portals for car dealers and consumers of
vehicle services and products, announced today that it has signed a
Memorandum of Understanding to acquire www.goodcar.com ("goodcar") for $7
million, consisting of $2 million in cash and 1 million CALI shares.

The "goodcar" website has become increasingly popular in China's rapidly
growing automotive market, with current weekly online sales of
approximately 1,200 discount cards at prices up to $57.00 each per year.
Customers paying the annually renewable fee obtain a wide array of
discounts on gas purchases, parking, car washes, auto maintenance and
body work repairs as well as 24/7 traffic information and emergency
roadside assistance. The acquisition is subject to completion by
"goodcar" of a US GAAP audit and execution of a definitive agreement. It
is expected to close by August 31, 2010.

Anticipated Contribution This Year

Founded in June, 2008, www.goodcar.com has since rapidly expanded to six
cities in China -- having sold to date more than 40,500 discount cards in
Wuhan, Xiamen, Chongqing and Beijing. In Wuhan, through an arrangement
with China Petro, "goodcar" is able to offer 5% discounts on gas
purchases. China Auto Logistics anticipates that if the acquisition is
completed by the end of August, "goodcar" would contribute to the
Company's revenues and profits this year with sales of at least 20,000
discount cards. Mr. Tong Shiping, Chairman and CEO of the Company, added,
"Of course, we expect to further build the growth of 'goodcar' with new
services, products and geographic expansion, in line with our plan to
have a presence in 60 Chinese cities by 2012 reaching 70% of China's
auto-buying population."

Mr. Shiping continued, "The acquisition of www.goodcar.com would be
another exciting step forward for our Company, broadening the audiences
we reach from auto buyers and dealers of imported and domestic vehicles
to the growing number of new car owners in China trying to operate and
maintain their vehicles as economically as possible." Mr. Tong added,
"The dramatically increasing number of new drivers in China, where car
ownership continues to multiply to what is still only approximately 40
persons per thousand, is a logical new focus for us with significant
additional growth potential."

Description of China Auto Logistics Inc.

With 2009 sales of approximately $215 million, China Auto Logistics Inc.
is one of China's top sellers of luxury imported cars as well as one of
the country's leading developers of websites for buyers and sellers of
imported and domestic automobiles. It is also China's leading "one stop"
provider of logistical services and financing to imported car dealers
nationwide. Its subscription and advertising based www.at188.com is the
number one site for imported car dealers and consumers. Its www.at160.com
site, focused on the domestic auto market, has climbed rapidly to become
one of the top 200 sites in China. The Company believes further expansion
of its new automobile portal as well as the addition of new web-based
auto-related services, will drive future growth. For additional
information: www.chinaautologisticsinc.com.

Information Regarding Forward-Looking Statements

Except for historical information contained herein, the statements in
this press release are forward-looking statements that are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements involve known and unknown risks
and uncertainties, which may cause our actual results in future periods
to differ materially from forecasted results. These risks and
uncertainties include, among other things, product demand, market
competition, and risks inherent in our operations. These and other risks
are described in our filings with the U.S. Securities and Exchange
Commission.

Contacts:

US Investors
Focus Asia Partners
Robert Agriogianis
Tel: 973-845-6642
Press
Ken Donenfeld
donfgroup@aol.com
Tel: 212-425-5700
Fax: 646-381-9727

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