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Chinese truckmaker FAW sets new sales record


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CHANGCHUN, Dec. 4 (Xinhua) -- FAW Group's commercial truck subsidiary sold a record 299,273 light, medium and heavy trucks in the first 11 months of 2018, the company said Tuesday.

The company has introduced several new models into the market this year, including the all-new European level J7 heavy tractor.

The company set a goal to sell 350,000 vehicles in 2020 and 430,000 vehicles in 2023. The number is expected to hit 500,000 in 2025.

Founded in 1953, FAW Group is known as the cradle of China's auto industry.

Since the first model CA10 FAW truck rolled off the line in 1956, the brand has sold more than 6.6 million vehicles and has expanded its presence to 80 countries around the world.


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