FAW IS Ready For Expanding In Russia

August 20,2007

  In recent days, on the “Sino-Russia Automobile Cooperation & Trading Forum”, Xu Haiguang the Assistant of FAW Import &Export Company General Manager said “FAW has made a strategy of expanding Russian Market. Heavy duty vehicle and economic car are the main direction of the expanding, while medium and light trucks, buses and mini vehicles are the subsidiary direction.”

  Xu said, it is predicted that FAW will export 10,000 vehicles and KD (knocked down) vehicles in 2007.By the end of 2010, FAW will have exported 40,000vehicles in Russia and sales amount will have reached 0.7billion US$ by the end of the year 2011.

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