FAW Exported Volume over 10,000

10/11/2005

As a Chinese domestic automotive OEM, following the breakthrough of 10,000 vehicles exported in 2004, FAW Group created a new record this year. Up to the end of Sep, exported volume has got to 10,023, increased by 71%, and the exported sum of complete vehicles and components broke 100 million US dollars, increased by 65%. The exported model, volume and total sum were all surpassed records of last year. FAW Group continuously keeps its export top 1 position in the independent brands of China automotive industry.

FAW Group, aims at long-term development, constitutes its international operation program based on the summarization of export experience in recent years. Besides the improvement and growth of domestic market, FAW Group also strengthens its overseas operation in the aspects of market planning, development, quality control and sales, making the exported model and volume be increased substantially. According to statistics, during the first three quarters of this year, FAW Group totally exported 2,322 cars, 1,989 light duty vehicles and 1,028 medium-heavy duty trucks,increased by 758%,107% and 102% respectively. Facing great achievement, a relevant leader of FAW Group made a comment. One important factor for such a big export growth of FAW product is that FAW Group has made a great effort to consolidate the world competitive position for its self-developed brand, another factor is that FAW Group keeps on developing new product and strengthening the"system safeguard" ability.

FAW Group has established 10 representative offices, 4 sub-companies, 4 assembling facilities and more than 50 business agencies outside China up to now. Especially in recent years, more and more different products are exported, and product structure is optimized. Proportion among cars, mini vehicles, light duty vehicles, medium-heave duty trucks and coaches becomes more practical. FAW heavy duty trucks with world advanced technology, win many prizes at auto shows in CIS area of east Europe. Overseas consumers also show much interesting to the cars and mini vehicles produced by FAW Group. In addition, the business development of FAW Group becomes more harmony at every corner of the world. Sales volume at 6 overseas regional markets grows rapidly, and nearly every regional market approaches or surpasses 1,000 units. Especially for the Middle East and Southeast Asia market, it is expected that sales volume will reach 10,000 in the near future.