FAW Group records 20.4% growth in April new vehicle sales

Shanghai (Gasgoo)- FAW Group saw its complete vehicle outputs in April jump 19.7% from a year ago to 342,333 units, and sold 330,503 vehicles during the same period with a vigorous year-on-year growth of 20.4%, the Chinese state-run automaker said last week.

In the Jan.-Apr. period, FAW Group produced and sold 899,281 and 938,407 vehicles respectively.

With 14,519 units sold, Hongqi boasts a stupendous year-over-year growth of 168% last month. The premium car brand, which aims to double its annual sales to 200,000 units this year, has surpassed a sales volume of 39,500 units for the first four months. Besides, its outputs in April surged 119.3% to 16,523 units.

Hongqi is about to put the all-new flagship H9 sedan onto the market next month, and the E115, an all-electric large-sized SUV with a likely range topping 600km, is expected to hit the market in the second half of the year.

FAW Car and FAW Jiefang sold 13,166 and 67,959 vehicles in April, achieving 4.8% and 86.8% growth compared to the prior-year period.

There are two brands operated by FAW Car, namely, Besturn and Mazda. FAW Group announced earlier this month that it will set up a dedicate business unit for Mazda, which means the brand jointly developed with the Japanese automaker will be separated from FAW Car and operated at the same level as FAW-Volkswagen (FAW-VW) and FAW-Toyota.

With regard to joint ventures’ April performances, the group said FAW-VW’s outputs and sales reached 175,948 units (+11.2%) and 161,632 units (+7.7%). The Sino-German automaker reported its auto deliveries in April amounted to 165,714 units (including the sales of imported vehicles), growing 9.9% year on year and surging 41% month on month. The volume also made FAW-VW honored the champion in China by April PV retail sales.

FAW-Toyota gained an 8.5% year-on-year growth with 71,575 vehicles sold. The sales of the RAV4, the Corolla and the Avalon all hit their monthly target.