FAW Group Corp auto sales up 46.9% in January

(Agencies)
Updated: 2008-02-18 16:27

FAW Group Corp, one of China's largest automakers, said it sold 166,518 vehicles in January, a rise of 46.9 percent year-on-year.

It said sedan sales rose 58.3 percent to 146,294 units while sales of medium and heavy-duty trucks grew 11.6 percent to 11,263.

The automaker said that FAW VW, its 50-50 sedan joint venture with Volkswagen AG, sold 65,709 cars in January, a surge of 104.8 percent from a year earlier.

Tianjin FAW Toyota Motor, its joint venture with Toyota Motor Corp, sold 34,139 cars last year, up 69.8 percent, it added.


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