FAW-Volkswagen reports record production in 2020
Source: Xinhua | 2021-01-01
FAW-Volkswagen Automobile Co., Ltd. said Thursday that it had churned out more than 2.07 million vehicles this year, setting a new record for annual production.
The company, a passenger car-making joint venture between China FAW Group Co., Ltd. and Volkswagen AG, attributed its record-breaking production to the rollout of several new energy models and the establishment of a digitalized production and logistic system this year.
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 now has five production bases across China.
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