Automotive Jan 01, 2022 05:19 PM (GMT+8) · EqualOcean
According to China FAW WeChat official account, Qiu Xiandong, chairman and Secretary of the China First Automobile Group Co., Ltd. Xu Liu Ping, director general manager and Deputy Secretary of the Party committee, delivered a new year's speech in 2022, January 1st. It is expected to sell 3.5 million complete vehicles throughout the year, with an operating revenue of 705 billion yuan and a profit of 48 billion yuan. The sales volume of Hongqi brand exceeded 300000, with a year-on-year increase of 50%. Jiefang brand achieved sales of more than 440000 vehicles, with a growth rate of 3.3 percentage points higher than that in the medium and heavy truck market.