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FAW Group, China South Industries Group Corporation and Dongfeng Motor Corporation signed an agreement of intent in Beijing on December 21 to build T3 technology platform joint venture.
Dec. 24 , 2018
In the coming 5 years to 2023, FAW Group aims to sell 5.9 million new vehicles and achieve revenue of RMB 900 billion, with profit over RMB 80 billion and RMB 180,000 by per capita income.
Nov. 28 , 2018
FAW Group is no longer the controlling shareholder and actual controller of Changchun Faway Automobile Components Co.,Ltd (Faway), who has no controlling shareholder and actual controller at present.
Nov. 26 , 2018
FAW Group’s premium car brand Hongqi will reportedly launch the all-new mid/full-sized SUV HS7 at the upcoming Auto Guangzhou 2018. The new SUV is expected to hit the market next year.
Nov. 15 , 2018
China’s state-owned automaker FAW Group signed strategic cooperation agreements with 16 banks which intend to grant credit extension totaling RMB1.015 trillion to the company, according to FAW Group...
Oct. 25 , 2018
China-based state-owned automaker FAW Group and Aviation Industry Corporation of China (AVIC) signed a strategic agreement in Beijing on October 10 to develop cooperation integrating both parties’ a...
Oct. 11 , 2018
FAW Jiefang and global automotive supplier ZF Group forged a strategic partnership at the IAA Commercial Vehicles in Hanover, Germany to jointly work on providing consumers with intelligent traffic an...
Sept. 25 , 2018
FAW Group Corporation (FAW Group) and China Southern Airlines signed a strategic agreement in Guangzhou on August 13 to jointly explore new business models in such areas as mobility and marketing.
Aug. 15 , 2018
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