Create a free account to continue

Report: China FAW Group Auto Sales Increase

Sales jump to more than 1 million units for the state-owned car maker — one of China's largest auto manufacturers.

BEIJING (AP) — State-owned China FAW Group Corp., one of the nation's largest vehicle makers, said auto sales in the January to September period rose 23 percent from a year ago to more than 1 million units, according to a media report.
Auto production for the period rose 19.6 percent to 1.06 million units, Dow Jones Newswires reported, citing an executive at the Chinese carmaker who declined to be named.
The carmaker is based in Changchun in China's northeast and has joint ventures with Volkswagen AG and Toyota Motor Corp.
Its listed units include FAW Car Co., Changchun FAW-Sihuan Automobile Co. and Tianjin FAW Xiali Automobile Co.
More in Supply Chain