BUSINESS
China's FAW expands distribution network in Russia
2017-04-30 21:15 GMT+8
5795km to Beijing
Editor
Yan Qiong
China's oldest automaker FAW will have 32 distributors in Russia by the end of this year, said the company on Sunday.
Currently the group has 22 distributors in Russia, selling Vita V2 and V5, as well as Besturn B50. It recently launched its first SUV in Russia, the Besturn X80.
The medium-size urban crossover Besturn X80 was introduced to Russia during the Moscow Motor Show in August 2016.
FAW X80 (China) at the 2016 Moscow International Automobile Salon at the Krokus Expo international exhibition center. /VCG Photo
Wang Zhijian, president of the FAW Group Import and Export Co., Ltd., believes the launch could push up sales and attract more distributors.
"Russia has always been FAW's strategic market," he said. "The launch of Besturn X80 will enhance the influence of FAW brands in Russia."
FAW began talks with Russian auto manufacturer Avtoto in 2015 for local assembly. Besturn X80 is also FAW's first auto assembled in Russia.
The company plans to manufacture and sell two or three FAW models in Russia in 2018.
(Source: Xinhua)
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