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FAW Group sold 1.43 million vehicles in 2007, up 23.2 percent Y-o-Y
Shanghai. January 14 (Gasgoo.com) – China’s First Automobile Works or the FAW Group has sold 1.43 million vehicles in 2007, up 23.2 percent from one year earlier, Chine Securities Journal reported today.
In 2007, FAW Group sold 1.19 million units of sedans, up 23.1 percent from one year earlier; the auto group also sold 155,000 middle and heavy duty trucks, up 26.6 percent and 77,000 light trucks, up 18.4 percent.
Under the FAW Group, Tianjin-FAW-Xiali sold 1.19 million vehicles; FAW-Haima sold 131,000 vehicles, up 63.3 percent from one year earlier.
In 2007, the FAW Group sold 620,000 local brand vehicles, up 12.8 percent from one year earlier, of which 28,800 vehicles were exported overseas, up 44 percent from one year earlier.
FAW-VW sold 461,369 vehicles, up 33.6 percent from one year earlier, of which VW brand sold 366,000 vehicles, up 38.7 percent from one year earlier and Audi brand sold 92,000 vehicles, up 19.4 percent.
FAW-Toyota sold 287,259 vehicles, up 28.2 percent from one year earlier. FAW Group also sold 54,000 Mazda 6 vehicles, up 17.3 percent.
Altogether, FAW group sold a combined volume of 816,000 vehicles in 2007, up 28.2 percent from one year earlier, which represents 56.8 percent from the group’s total auto sales.
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