FAW Vehicle Manufacturers SA enjoyed a memorable 2016, achieving a number of milestones. During the past three years the company has invested over $100-million in its Coega-based plant which, in August, saw its 2 000th truck roll off the production line.
The company’s export market has flourished, too, recording consistent month-on-month drives which have seen more than 200 units sold into African markets.
Jianyu Hao, CEO of FAW SA say: “What is most gratifying is that many of the units being bought by sub-Saharan customers are now second or soon-to-be third generation purchases. This affirms our commitment for service and support into the African regions.”
Hao says FAW’s sales topped 1 000 units in 2016 – an achievement he expects the brand to emulate this year. “It will be a tough and competitive market in slowly recovering economies,” he says. “However, the opportunities are there and the chance of a one to three percent growth is possible. We at FAW SA will continue to build on our customer relationships as we explore every new possibility.”