- FAW-VW, Audi sign MoU to inject China-built Audi models with more sports DNA
FAW-Volkswagen (FAW-VW) and German premium carmaker Audi recently signed a memorandum of understanding (MoU) to imbue Audi-branded models produced by the Sino-German joint venture with more genes of A...
Dec. 17 , 2019
- FAW Car expects annual profit growth of 105 mln yuan after two assets transfer
FAW Car, a subsidiary of FAW Group, transferred its assets in economic development zone of Changchun to a stamping dies company dubbed Zhisheng in the capital of Jilin for 81.2 million yuan ($11.5 mil...
Dec. 13 , 2019
- FAW-Volkswagen fulfills 89% of annual sales goal
With a total of 1,895,696 new vehicles (including Audi imported vehicles) delivered from January through November, FAW-Volkswagen has already accomplished 89% of its 2019 sales target.
Dec. 13 , 2019
- Mazda gets sales rebound in China after four straight months of decline
In November, Mazda achieved year-on-year growth in China retail sales after four-consecutive-month decrease.
Dec. 04 , 2019
- FAW Group to pump RMB139 million to enhance intelligence & connectivity strength
China’s state-owned automaker FAW Group plans to invest RMB139 million in a technical retrofit project to enhance the group’s strength in auto intelligence and connectivity.
Dec. 04 , 2019
- FAW’s Hongqi gains best-ever monthly sales in November
FAW Group achieved its highest-ever monthly sales of Hongqi brand with a total of 12,500 vehicles sold last month, a surge of 178% over the year-over period.
Dec. 02 , 2019
- SAIC-Audi project not to sell vehicles before 2022
Audi is said to be making a plan with partners in China to boost sales and improve its brand value in three years. Besides, the SAIC-Audi project will not sell products before 2022, but the project ha...
Dec. 01 , 2019
- Dongfeng, FAW, Changan to co-build urban logistics joint venture
Dongfeng Motor Corporation, FAW Group and China Chang'an Automobile Group Co., Ltd (CCAG), signed a letter of intent on November 27 to build the VTC joint venture of co-shared storage for urban logist...
Nov. 29 , 2019
