In reverse

“I’m confident that Xiali will survive. When people are aware of the benefit of small cars, such as fuel efficiency, they will come back”

Zhang Zhigang w

Zhang Zhigang

Zhang Zhigang, a spokesman for FAW Xiali, tells the Wall Street Journal that the Chinese carmaker could see sales improve when it releases its first automatic transmission car. Last year the company lost $280 million, its second consecutive annual loss.

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