Industry dynamics

FAW-Volkswagen sees strong car sales in 2020

Publishtime:1970-01-01 08:00:00 Views:24
Visitors try out an Audi A4L at the 2019 Guangzhou auto show. [Photo by Zhang Dandan/China Daily]

CHANGCHUN - FAW-Volkswagen Automobile Co Ltd, a passenger car joint venture between China FAW Group Co Ltd and Volkswagen AG, reported strong annual auto sales in 2020, the company said.

Its vehicle sales rose 1.5 percent year-on-year to over 2.16 million units last year. Of the total, the Volkswagen brand sold more than 1.28 million units, and the sales under the Audi and Jetta brands reached 726,288 units and 155,223 units, respectively, the carmaker said.

Founded in 1991, FAW-Volkswagen has grown into one of the best-selling passenger vehicle manufacturers in the world's largest auto market. The carmaker currently has five production bases across China.