FAW Car Co. Ltd. (FAW Car), a wholly owned subsidiary of FAW Group, announced on Mar 11 that the subsidiary sold 15,245 units in Feb, a rise of 43.48 percent year-on-year.
Among which, FAW Car sold cars of home-grown brand Hongqi, Besturn and Oley 10,229 units, jumped 82.01 percent over the same period last year; and cars of Mazda brand 5,016 units, a rise of 0.22 percent year-on-year.
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.