FAW expects to sell one million cars in 2007
Chinese Car News, First Automobile Works, Statistics | CCTMarch 12, 200710:20 pm
We think thats a lot of cars. Heres the news from Shanghai Daily:
FIRST Automotive Works Group expects its car sales will increase 15 percent to one million units this year and is moving ahead with preparations for its first stock market listing to fund future expansion.
Not surprising really, seeing as FAW and VW make happy bed partners in China, together they will make 400,00 units in China, FAW and Toyota will also make 270,000 vehicles as well as a further 200,000 vehicles through Xia Li, a subsidiary company of FAW.
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