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FAW Jiefang Hit New Sales Record in the First Three Quarters

Date:2017-10-18 Source:www.chinatrucks.com

FAW Jiefang Automotive Co., Ltd, a truck subsidiary of China's leading automaker FAW Group, has sold a record 236,300 Jiefang trucks in the first three quarters of 2017, the company said Tuesday.

FAW Jiefang Hit New Record with 236,300 Trucks Sold

Of all the trucks that entered the market this year, 215,600 were medium- and heavy-duty vehicles, it added.

The company's performance started to rebound in recent years after its sales hit a low point due to problems found in services and some products.

FAW Jiefang Hit New Record with 236,300 Trucks Sold

In 2016, it sold 202,000 trucks, of which 185,000 were medium- and heavy-duty vehicles, holding the biggest market share in China at 19.25 percent.

Founded in 1953 and headquartered in China's northeast Jilin Province, the state-owned FAW Group is known as the cradle of China's auto industry. (www.chinatrucks.com)

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