FAW plans to sell 1,000 cars in Russia in 2016
OREANDA-NEWS. The company "FAW-Eastern Europe" plans to sell 1,000 cars FAW in Russia by the results of 2016 and to increase the market share of the brand. The agency "AUTOSTAT" was informed about it by the General Director of "FAW-Eastern Europe", Sheng Ming, by adding that in the first quarter of 2016 Russian dealers of FAW sold 107 passenger cars.
"In the middle of last year, our business of passenger cars just started its work, the main focus of the work was done on the restoration of the dealer network, and at the moment the number of dealers FAW is over 10. We will use the joint efforts together with the dealers of FAW to improve the dealer network that will provide Russian consumers of FAW Car with high quality and professional services to service and sale of FAW Cars", - said Mr. Shih Ming.
To date, FAW sell in the Russian market three cars: compact sedans FAW Oley, and FAW V5, as well as mid-size sedan FAW Besturn B50. In the near future, the company plans to expand the model range in Russia by two new crossovers - FAW X80 and FAW D60. According to the director "FAW-Eastern Europe", new items will be presented at the Moscow International Motor Show at the end of August. Competitors of FAW X80 were called as KIA Sportage, Nissan Qashqai, Nissan X-Trail, Hyundai ix35, Haval H6, and D60 will compete in the Russian market with the Nissan Juke, Lifan X60, Changan CS35, Brilliance V5, Geely Emgrand X7.
"While the company FAW does not implement the local assembly in Russia, and the cars that now we are out of stock, were imported from China, so the exchange rate affects seriously our business. But as we plan to bring to the Russian market two new crossovers this year, we need to be pretty careful with the pricing of these cars. At the same time, in the current market conditions, we began to study the project of the local assembly in Russia", - said Mr. Shih Ming.