FAW sold 1,95 million of passenger cars and utility vehicles in 2012
- FAW is a Chinese group which owns its own brands (FAW, FAW-Xiali, Haima, Besturn, Jilin, Jia Bao) but also JV (Joint Venture) branches with the Volkswagen group (Volkswagen and Audi brands).
The vehicles produced by the JV may be counted by analysts as FAW vehicles or as Volkswagen vehicles. It is important to not count these vehicles twice.
The vehicles produced by the JV may be counted by analysts as FAW vehicles or as Volkswagen vehicles. It is important to not count these vehicles twice.
- FAW sold 1.95 million of passenger cars and utility vehicles in 2012, including 600,000 under the brands FAW and FAW-Xiali (530,000 passenger cars and 70,000 utility vehicles) and 1.35 million under the brands Volkswagen and Audi.
- FAW Group's objective is to sell 1.5 million of passenger cars and utility vehicles in 2013 (about 10% increase versus 2012)
The FAW group growth in China was braked by its production capacity. A new plant has been opened in Chengdu last year, providing the FAW group with the capacity needed to achieve its objective.
The FAW group growth in China was braked by its production capacity. A new plant has been opened in Chengdu last year, providing the FAW group with the capacity needed to achieve its objective.
- In terms of sales, the FAW group is the third group in China, behind SAIC, (4.5 million units sold in 2012) and Dongfeng Motor (3.09 million units sold in 2012), far ahead of 100% Chinese groups as Chery, Geely or Great Wall.
It is to be noted that SAIC, Dongfeng Motor and FAW group represents around 57% of Chinese market share in 2012
It is to be noted that SAIC, Dongfeng Motor and FAW group represents around 57% of Chinese market share in 2012
Data source: File #55 - Registrations in the World by makes