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1.445mn Cars Sold in the First Five Months, up 8.1% Year on Year

According to the information released on June 26, FAW made 303,000 cars in May, up 22.4% year on year, and sold 275,000, a surge of 5.9% from last year’s same period. From January to May, FAW sold 1.445 million cars in total, a year-on-year increase of 8.1%, or an increase of 0.3 percentage point in market shares.

This year is a year of basic point for the new development of FAW in the new era. It is also the year of beginning for the implementation of new brand HQ. Taking products as the main thread, FAW has been working hard unswervingly to secure the success in deepening reform from an all-round way, improving systematic capacity, lowering cost and changing working style so as to promote the strategic transformation of brands HQ and Besturn and the innovative transformation of brand Jiefang.

Thanks to accelerated production, channel construction and ultimate service package, HQ has made noticeable achievements. By the end of May, 6,360 had been wholesaled and 4,254 retailed. Since April 25 when launched to market, H5 has been attracting the attentions of markets and customers, with 2,106 wholesaled and 1,651 retailed. In addition, more than 400 customers around the world were said to have ordered L5.

Confronted with such external pressures as sluggish growth for heavy-duty truck industry, Jiefang never waits for being left behind. In May, 24,000 Jiefang trucks were sold, up 10.62% year on year. For the first five months, 141,000 were sold, a surge of 15.3% year on year, accounting for 53% of the goal set for the whole year.