1.22 million vehicles were assembled in Changchun last year. Over 800,000 of those vehicles were produced by the Chinese Faw Group. The company is China’s second largest automotive producer and is based in the city.
The country’s government has expressed its intention to support the Faw Group in its expansion project. The authorities will help the company to expand its production capacity and establish business tie-ups. The subsidies will be destined for the research and development activities that target new energy vehicles, as China plans its automotive industry to follow this pathway.
At the present time, multiple production sites and similar projects are being developed in the area. When these become operational, they will add a production capacity of 800,000 units/year.
However, the Chinese authorities have more complex plans for the country’s automotive industry: recently, the Chinese Ministry of Information and Technology has released guidelines urging the domestic automotive producers to establish a national quality standard, in order to improve the quality level of their products. The companies were also advised to develop a network of aftersales services that could sustain their booming sales. One of the main goals of this project would be the creation of a system aimed at solving recall problems.
Last year, China became the world’s greatest automotive market and, at the same time, the country with the greatest automotive production in the world.
Google News