The Sino-German joint venture, FAW-Volkswagen (FAW-VW) saw it’s sales volume exceeding 2 million vehicles in 2017, up by 5% year on year, the company revealed on Friday.
According to FAW-VW, it sold more than 1.405 million units of Volkswagen and 595,288 units of Audi registering an annual growth of 6.8% and 1.1% respectively.
Based in Changchun, China’s north eastern Jilin province, the company rolled it’s 15 millionth car off the production line in 2017 as well.
The FAW-VW joint venture which was formed in 1991, expects to reach an annual ouput of more than 3 million vehicles by year 2020.
A 3d animation professional with over 20 years of industry experience having served in leading organizations & production facilities of Pakistan, an avid car enthusiast and petrolhead with an affection to deliver writings to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com