FAW Bestune, a passenger car brand of FAW Group, announced on January 2 that its annual sales volume reached 120,666 vehicles in 2023, rose 59.4 percent year-on-year, the largest increase over the past eight years. The overseas sales and NEV sales had both set new records.

FAW 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 three million units.