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Xinhua News Agency, Changchun, July 6th (Reporters: Yan Xiaoliang, Zong Yi) The first batch of 1400 liberation heavy-duty trucks from FAW's liberation of medium-heavy trucks exported to Angola was sent overseas at Longkou Port, Shandong Province. This marks another important step for the development of heavy truck companies in the African market.
It is reported that this time FAW won the bid for the truck procurement project in Angola, which was difficult to overcome. It has overcome the wide distribution of projects, poor road surface, and high product requirements. With its own solid strength and product advantages of liberated heavy trucks, it has become a competitive manufacturer. Stand out and bid successfully.
The African market has always been a key area for the expansion of FAW's liberation overseas. Since Tanzania's assembly plant was established in 1992 and the assembly base has been established in South Africa in 1995, China FAW has established a relatively complete sales and service network in 11 African countries, basically covering the African continent.
While striving to expand the number of exports and improve the service network, China FAW and China-Africa Development Fund jointly established Africa Investment Co., Ltd. to build a large-scale local production base in Africa and further increase the competitiveness of China FAW products in the local market. Changes in export growth patterns.
Looking ahead to the "12th Five-Year Plan", FAW will invest 150 billion yuan. FAW's "12th Five-Year Plan" strategic plan involves many aspects of products, technologies and investment. During the “Twelfth Five-Year Plan†period, FAW’s five major areas of commercial vehicles, light vehicles, mini-vehicles, and cars will be fully launched, and each area will have a clear product line and annual sales target. By 2015, FAW's total vehicle sales will exceed 5 million, and its own brand percentage will exceed 50%.