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 cars taking reasonable proportions in its export mix.

By People's Daily Online