Briefly

FAW Group sales rise 9.5% in Q1

Chinese automaker FAW Group Co Ltd has reported a surge in vehicle sales in the first quarter of the year. Sales exceeded 743,000 units in the first three months, up 9.5 percent year-on-year, according to the carmaker. Of the group's total sales, its Hongqi car brand alone accounted for 100,300 units, a year-on-year increase of 64.3 percent. FAW Group, founded in 1953 in Changchun, Northeast China's Jilin province, is regarded as the cradle of China's auto industry.

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