Tianjin FAW Xiali Automobile, China FAW Group’s subsidiary specializing in the production of
low-priced cars, announced on November 9 production and sales volume of 17,063 units and 20,385 units for October,
down 17.4 percent and 17.9 percent, respectively, compared to the same month of last year. During the first ten
months, total production and sales volume jumped 7.9 percent and 6.3 percent year on year to 212,100 units and
209,300 units respectively.