After record sales last year of 2,378,800 vehicles, Chongqing Changan Automobile Group has set its 2011 sales target at 2.4m.
The company was able to easily surpass its total 2010 sales goal of 2.2m vehicles with its Changan Automobile Company unit setting a new record of 1.9m vehicles sold, an increase of 35.43% from the previous year, Gasgoo.com reported. Its Changhe and Hefei units also set sales records last year.
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In order to reach its 2020 goal of becoming a leading automobile company selling 6m vehicles, Changan has reached agreements with the governments of Jiansu, Anhui, Beijing and others to expand its production facilities. Most recently the company made a deal to open a production base in Yunnan province. The company has also opened or is planning to open nine research facilities spanning five countries.
