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FAW Group reports robust output, sales in first half of 2020

Updated: Jul 9, 2020 ejilin.gov.cn Print
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Automaker FAW Group -- based in Changchun, capital of Northeast China's Jilin province -- reported robust production and sales in the first half of this year, according to a July 7 report by local media.

Statistics showed that in the first six months, the group sold 1,630,923 vehicles, for a year-on-year increase of 2.3 percent and it manufactured 1,622,279 vehicles, up 1.5 percent.

Among its various brands, the group manufactured 69,759 of its Hongqi cars, up 89.5 year-on-year, and it sold 70,045 vehicles, up 110.7 percent. During the same period it produced 232,164 Jiefang vehicles, an increase of 16.5 percent, and it sold 278,235 vehicles, up 35.6 percent.

In addition, the Sino-German joint venture FAW-Volkswagen manufactured 891,085 cars and sold 844,351 cars.

A company spokesman said that due to the novel coronavirus epidemic this year, marketing was transferred from offline to online and through various online activities and extremely preferential prices were offered to customers -- stimulating car sales.

They said the sales of Hongqi cars were robust in the first half of 2020, especially the HS5, whose sales exceeded 9,000 for two months in a row.

The high-end Hongqi H9 will soon go into volume production, which is expected to boost sales of the Hongqi brand, the company spokesman said.

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