Tianjin FAW Xiali August sales reach 14,546 vehicles
Tianjin Faw Xiali Automobile (000927) recorded a 2.76 percent year-on-year decrease in the auto production volume to 14,000 units in August, according to a company filing.
Sales of the Xiali and Wei auto brands reached 10,830 units and 3,170 units, respectively.
The total auto sales volume declined 1.47 percent year-on-year to 14,546 units in August, of which Xiali brand contributed 12,363 units.
Production and sales volume of automobiles rose 15.24 percent and 7.19 percent year-on-year respectively, to 153,970 units and 150,762 units during the first eight months of the year.
Shares of Tianjin Faw Xiali Automobile dropped 3.57 percent to close at 8.92 yuan today.
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