FAW has said that its sales volume and total revenue both reached record highs in 2008.

The vehicle maker said it sold more than 1.53m vehicles last year, a 6.75% gain on 2007.

FAW sales revenue totalled a record high of CNY218.4bn, up 8.8% on the previous year.

Chinese automakers combined sold 9.38m vehicles last year, a 6.7% rise on 2007, according to the China Association of Automobile Manufacturers (CAAM).