Shanghai. November 26 (Gasgoo.com) – The Hainan-based FAW Haima said it forecasts to sell over 130,000 vehicles this year, according to China Business Daily News.
The company bases this estimate on sales of over 110,000 units in the first 10 months of the year, with its vehicle line-up continuing to enjoy success in China.
FAW holds a 49 percent stake, Hainan Automobile 49 percent and government of Hainan province holds 2 percent stake.
FAW Haima sells vehicles based on Mazda designs from the Family, based on the now-defunct 323 model, to the Haima3, which exists alongside the Mazda3 with which it shares its design and engineering.