Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Auto Tools: Save | Print | E-mail | Most Read | Comment
FAW posts 23% growth in sales volume in 2007
Adjust font size:

China First Automotive Works (FAW) Group, one of the country's major auto makers, produced 1.47 million motor vehicles last year and sold 1.44 million, company sources said on Monday.


Sales were 23.2 percent higher than in 2006.


The sales volume included 1.19 million cars, up 23.1 percent, 155,000 heavy-duty and mid-sized trucks, up 26.6 percent, and 77,000 light trucks, up 18.4 percent.


The sources said last year saw FAW Group sell 620,000 motor vehicles under its own brands, up 12.8 percent. This total included 28,800 units exported, up 44 percent, with a value of 387 million U.S. dollars, up 100.7 percent.


Auto sales by FAW Group's joint ventures, including one with Germany's Volkswagen and another with Japan's Toyota, grew 32.4 percent to 816,000 vehicles, or 56.8 percent of the group's total annual vehicle sales.


In terms of vehicles with foreign brand names, the group sold 366,000 Volkswagen cars, up 38.7 percent, 92,000 Audi cars, up 19.4 percent, and 287,259 Toyota cars, up 28.2 percent.


(Xinhua News Agency January 14, 2008)

Tools: Save | Print | E-mail | Most Read

Username   Password   Anonymous
China Archives
Related >>
- FAW Volkswagen sees robust sales
- FAW to Speed Sales as It Plots Share Offer
- FAW Denies Plans to Buy Chrysler
Most Viewed >>
-January CPI expected to rise 6.5%
-Lucrative Yuanmingyuan duplication scheme
-Lenovo to sell mobile unit for US$100m
-Tight monetary policy must not be eased
-Emergency coal shipped to power plants in S China

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © All Rights Reserved E-mail: Tel: 86-10-88828000 京ICP证 040089号