FAW's small car unit aims to double output by 2015
Tianjin FAW Xiali Automobile Co. plans to boost annual output to 600,000 units by 2015, up from 253,000 units last year, a company executive said.
Tianjin FAW, the small-car subsidiary of China FAW Group, also plans to upgrade its product lineup, said Men Jun, the company's vice general manager.
Men Jun made his comments during the Automotive News China conference in Beijing on April 25.
The company will launch nine new small cars, compact SUVs and pickups in the by 2015, with three due this year, Men said.
In December, FAW Xiali opened its first overseas assembly plant in Ethiopia. The plant builds vehicles with semi knock-down kits imported from China.
The company also exports vehicles to Russia, Iran, Syria, Algeria, Mexico and Ecuador.
"We'll actively expand overseas to increase exports," said Men. "We'll build plants overseas whenever conditions are right for us to do so."
FAW Xiali, located in the north China port city of Tianjin, produces 1.0-liter, 1.3-liter and 1.5-liter gasoline cars under the Xiali, Weizhi and Vela brands.
Men Jun made his comments during the Automotive News China conference in Beijing on April 25.
The company will launch nine new small cars, compact SUVs and pickups in the by 2015, with three due this year, Men said.
In December, FAW Xiali opened its first overseas assembly plant in Ethiopia. The plant builds vehicles with semi knock-down kits imported from China.
The company also exports vehicles to Russia, Iran, Syria, Algeria, Mexico and Ecuador.
"We'll actively expand overseas to increase exports," said Men. "We'll build plants overseas whenever conditions are right for us to do so."
FAW Xiali, located in the north China port city of Tianjin, produces 1.0-liter, 1.3-liter and 1.5-liter gasoline cars under the Xiali, Weizhi and Vela brands.
