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FAW-Haima mulls over a third plant
Shanghai. December 12 (Gasgoo.com) – FAW Haima Automobile Co is considering a plan to build the third plant, China Business News reported today.
"FAW-Haima now has two plants in Haikou and the company is planning to build the third plant,” Chinese Businss News cited a senior Haima official as saying.
FAW-Haim currently has an annual output capacity of 150,000 vehicles. The third plant will boost the company’s total capacity to 400,000 vehicles, the report said.
In the first 11 months of the year, FAW-Haima sold more than 110,000 vehicles and company expected to sell at least 130,000 vehicles this year, up 60 percent from one year earlier.
Since its separation from Japanese automaker Mazda Motor last year, FAW-Haima has been selling four models: Haima 3 (middle-end segment), Family (compact car), Happin (compact car) and Freema (MPV).
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