Employees of China FAW Group work on an assembly line at a factory in Changchun, Jilin province, in September. [Photo/China Daily]
CHANGCHUN — China’s leading automaker, FAW Group Co Ltd, reported surging vehicle sales in the first two months of this year, getting the company off to a good start for 2024.
FAW Group’s auto sales exceeded 448,000 units in the first two months of 2024, up 17.7 percent year-on-year, according to the carmaker.
Of the group’s total sales, its Hongqi car brand alone accounted for 65,300 units, a year-on-year increase of 37.56 percent. Hongqi plans to launch more new energy vehicle models this year, which will boost its sales further.
FAW Group is state-owned and headquartered in Changchun, the capital of Northeast China’s Jilin province. It has produced and sold more than 54 million vehicles over more than six decades.