China News Service, Changchun, March 3rd (Reporter Wu Zhaofei) China FAW Group, the leading company in the automotive industry, is expected to export more than 50,000 vehicles in 2008, with total trade volume exceeding US$500 million. The longer-term goal of the company is to sell more than three million vehicles by 2012.
According to the introduction of Teng Tien, deputy general manager of FAW Group, in the past 2007, the number of cars produced and sold by the Group has reached nearly 1.5 million units, and the annual sales revenue has reached 188.7 billion yuan. Yuan Renminbi. In 2008, the group’s sales target was 1.7 million.
In recent years, the pace of external development of FAW Group has been accelerating. The production of “liberation†commercial vehicles at the Amur Auto Plant in Russia and the establishment of an economical car production base in Mexico indicate that this large-scale state-owned auto enterprise group has participated in international competition. Development.
FAW executives said that in terms of the long-term development of the Chinese automobile industry, exports are the only way for Chinese auto companies, especially for self-owned brand companies. In recent years, FAW's auto exports have grown rapidly. It has exceeded 10,000 vehicles for many years and formed a large-scale overseas business agency network. This shows that the ability of FAW products to participate in international competition is constantly increasing.
At the same time, FAW is also accelerating product development and independent innovation in order to maintain its leading position in trucks and build a mid-to-high-end automotive national brand. In February this year, China's first self-developed V-type 12-cylinder engine for domestic top-class cars was successfully ignited at the FAW Technology Center. Experts said that this marks the time for vigorous development of the Hongqi brand high-end passenger car.
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