FAW Group announces sales target for 2024, with sales of self-owned brands set to reach 900,000 units

In March this year, the director of the State-owned Assets Supervision and Administration Commission of the State Council said that the development of state-owned automobile enterprises in new energy vehicles was not fast enough, and the SASAC would adjust its policies and conduct separate assessments on the new energy vehicle business of the three central automobile enterprises. Subsequently, FAW Group announced its sales target for 2024, with sales of its own brands "must reach" 900,000 vehicles and strive for 1 million vehicles; sales of its own and joint venture new energy vehicles reached 500,000 vehicles.