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Tianjin Faw Xiali's auto sales down 39% in Nov

Dec. 12, 2012 (China Knowledge) - Tianjin Faw Xiali Automobile Co Ltd<000927> has said its auto sells declined 39% YoY to 16,269 vehicles in November this year.

According to a statement filed with Hong Kong Stock Exchange, last month, the automaker produced 11,907 vehicles including 8,811 units of Xiali series, reflecting a YoY decline of 56.73%.

From January to November this year, the Shenzhen listed company saw its auto sales amount to 172,227 vehicles, 27% lower than it realized in the same period of last year.

The total production for the first eleven-months of this year declined 25.34% YoY to 175,047 units, comprising 130,953 units of Xiali series and 44,094 units of Wei series.

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