CHANGCHUN - FAW-Volkswagen Automobile Co Ltd said Thursday that it had churned out more than 2.07 million vehicles in 2020, setting a new record for annual production.

The company, a passenger car-making joint venture between China FAW Group Co Ltd and Volkswagen AG, attributed its record-breaking production to the rollout of several new energy models and the establishment of a digitalized production and logistic system this year.

Founded in 1991, FAW-Volkswagen has grown into one of the best-selling passenger vehicle manufacturers in the world's largest auto market. The carmaker now has five production bases across China.