FAW Group Corp auto sales up 46.9% in January

(Agencies)
Updated: 2008-02-18 16:27

FAW Group Corp, one of China's largest automakers, said it sold 166,518 vehicles in January, a rise of 46.9 percent year-on-year.

It said sedan sales rose 58.3 percent to 146,294 units while sales of medium and heavy-duty trucks grew 11.6 percent to 11,263.

The automaker said that FAW VW, its 50-50 sedan joint venture with Volkswagen AG, sold 65,709 cars in January, a surge of 104.8 percent from a year earlier.

Tianjin FAW Toyota Motor, its joint venture with Toyota Motor Corp, sold 34,139 cars last year, up 69.8 percent, it added.


(For more biz stories, please visit Industry Updates)