Hafei vehicles gain 50% market share in Morocco

Shanghai, July 24 (Gasgoo.com) Since they entered Morocco three years ago, Hafei Auto's products have gained up to 50% market share of vehicles of their kinds sold in the country, said China Business News yesterday. Most of the Hafei vehicles exported to Morocco are mini-trucks.

According to data released by China's Ministry of Commerce on July 23, the exports of Hafei Auto had saw rapid growth in the first half of this year. The Chinese carmaker had received orders for more than 800 vehicles by June, a remarkable increase over one year earlier. "Hafei" mini-series has captured 50% market share in Morocco's mini-car market. Hafei trucks forayed into the Moroccan market in the late summer of 2005.

Currently, China is the third largest exporter of automobiles to Morocco. Hafei vehicles have expanded their market share in the country gradually in the past three years thanks to their high quality and low prices. Compared with other products of their kinds in Morocco's auto market, Haifei vehicles feature sophisticated technology, powerful strength and durable performance, and they are low-priced.

The vehicles Hafei Auto has exported to Morocco are mostly mini-trucks. Hafei is a Chinese carmaker and a subsidiary of China Aviation Industry Corp II (AVIC II). Its primary products are mini-cars, mini-buses, mini-trucks, MPVs and sedans. The company sold more than 28,100 vehicles in the first half of 2008.