FAW Car Co. Ltd. (FAW Car), a wholly owned subsidiary of FAW Group, announced on Dec 11 that the subsidiary sold 28,601 units in Nov, a rise of 22.1 percent year-on-year.
Up to Nov this year, FAW Car has already produced 273,979 units, a rise of 25.1 percent year-on-year; and sold a total of 262,262 units, an increase of 18.9 percent over the last year. Among which 170,238 units of home-grown brand models and 92,024 Mazda brand models were sold respectively.
FAW Car is a wholly owned subsidiary of FAW Group. The company is a premier manufacturer of world class performance and luxury performance sedans. FAW Car also cooperates with Mazda Motor Corp. in sales and production in the China domestic market.
FAW Group is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China's oldest and largest automotive group. Annual sales exceed two million units.