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Good news from China FAW Group Corporation (FAW for short as below) reports that it successfully completed the annual sales target in this year. According to the FAW"s plan, it needs to sell 1,800,000 vehicles in total. Up to December 9th ,2009, FAW totally sold 1,801,846 units.
FAW New Articulated Bus
From January to November, FAW sold 1,758,808 units, up 23.6 percent year-on-year. The sales volume includes 1,434,922 passenger cars, up 23 percent year-on-year; 164,110 medium and heavy trucks, up 6.8 percent year-on-year; 84,101 light trucks, up 41.7 percent year-on-year; 66,127 mini vehicles, up 93.3 percent year-on-year; and 9,548 buses and coaches, down 6.1 percent year-on-year.
FAW Group is a global leader in the vehicle manufacturing industry with a 50-year history of innovation. Founded in 1953, FAW employs 133,000 people around the world and sells products in over 70 countries. FAW is a diversified maker of quality light, medium, and heavy-duty trucks, automobiles, municipal buses and luxury tourist coaches, custom bus chassis, and mini-vehicles with total sales in excess of 7 million vehicles worldwide. FAW maintains the lead market position within China while continuing to expand into new international markets, executing a carefully planned strategy to build a comprehensive global organization.