Since
topping 10,000 units in export of whole cars in 2004 First Automobile Works (FAW)
saw considerable growth of whole-vehicle export in 2005 both in terms of quantity
and trade value. According to statistics, FAW exported 14,256 vehicles in 2005,
up by 40 percent year on year. FAW
had a volume of export (whole vehicles and components) worth $150 million in 2005,
increasing by 62.8 percent year on year. Whole-vehicle export set historical record
in variety, quantity or trade volume. Import has reached $1 billion and continued
to maintain a steady and high-speed growth. In
addition to growing variety in export FAW's product structure was also optimized
in 2005 with sedans, mini cars, light trucks, medium-duty and heavy-duty trucks,
passenger buses taking reasonable proportions in its export mix.
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