Automobile industry refers to the industry of automobile manufacturing and sales. In 2008, China's automobile industry suffered a severe test rarely seen in recent years, and the internal and external development environment was ups and downs. Major natural disasters have occurred one after another, the macro-economy has been slowing down in regulation and control, and the subprime mortgage crisis in the United States has intensified, all of which have had a certain impact on the domestic automobile industry. Despite this, the automobile industry has maintained a certain growth, but the growth rate has slowed down significantly compared with previous years and is much lower than expected at the beginning of the year; The ultra-high growth momentum of exports is no longer there, and the annual growth rate is expected to drop by half; The growth of industry benefits has declined, and it is more difficult to boost high profit growth by sales volume, and the growth of domestic automobile industry has slowed down significantly.

As far as the pattern of domestic automobile industry in China is concerned, we need a large group of one million vehicles, whether from the perspective of economies of scale, or from the perspective of stimulating various related industries, or from the image of automobile industry in a big country. Ford of the United States, Volkswagen of Germany, Toyota of Japan and Hyundai of Korea all took the lead in breaking through one million vehicles on behalf of the country's automobile industry. Now, the historical responsibility of China's automobile breaking through one million vehicles naturally falls on the shoulders of FAW Group, the eldest son of the Republic.

In 2004, the first millionth car of FAW Group rolled off the assembly line, of which 50% were self-owned brands and 10,000 were exported. This means that after China Automobile celebrated its 50th birthday in 2003, in 2004, FAW, as the "eldest son of the Republic", finally grew into the first automobile group with annual production and sales of "one million vehicles" in China.

On the significance of realizing "one million vehicles" for FAW Group, Zhu Yanfeng, general manager of FAW, concluded: "The breakthrough of one million vehicles will greatly enhance the brand value and market recognition of" the first car and the first partner "and realize the pursuit and dreams of several generations of entrepreneurs and builders of FAW. Breaking through one million vehicles will create a scale platform for FAW's rapid output and efficiency improvement, and lay a foundation of confidence for us to cope with more severe challenges, fight hard and train our team, and further strengthen and expand cooperation with FAW for suppliers, distributors and international partners. "

Zhao Fangkuan, secretary of the Party Committee of FAW Group, said: "The realization of one million vehicles has brought FAW into a brand-new historical starting point of marching towards' independent one million vehicles'. This is not only a major leap in FAW's comprehensive competitive strength, but more importantly, it consolidates the necessary foundation for FAW to make greater contributions to the country, society and employees. "