FAW SA reflects on 2016 results

FAW SA continuing to make inroads

FAW SA says it has spent over $100 million on infrastructure, job creation and training at its Coega assembly plant.

According to the Chinese truck maker, the 2 000th locally built truck rolled off the Eastern Cape production line in August this year. Over 200 units have been exported to Africa.

“What is most gratifying is that many of the units being bought by sub-Saharan customers are now second, and soon to be delivered third generation repurchases,” says Jianyu Hao, CEO of FAW SA.

Back home, BHL Haulage’s fleet now consists of over 160 FAW trucks, with owner Buks van Rensburg happy with the FAW 28.380FT truck tractor.

However, the company’s major seller this year has been the 5-ton 8.140FL, which has moved into the second position – based on market share – as of end October, year-to-date.

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The FAW 8.140FL unit is the first FAW to carry a drivetrain with an international pedigree – a Cummins ISF engine and ZF transmission – and comes with full air-brakes, ABS, and an air-cut parking brake.

In November FAW’s 8-ton 15.180FL achieved year-on-year growth of 19.4%, with 289 more units sold compared to the same period last year, helping the company sell in excess of 1 000 units in total in a single year.

“The indications for 2017 remain largely similar to 2016. It will be a tough and competitive market in slowly recovering economies. However, the opportunities are there and the chance of one to three percent growth is possible. FAW SA will continue to build on our customer relationships as we explore every new possibility,” Hao concludes.

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