Search Results for "FAW "

FAW Group records 20.4% growth in April new vehicle sales
FAW Group records 20.4% growth in April new vehicle sales

FAW Group saw its complete vehicle outputs in April jump 19.7% from a year ago to 342,333 units, and sold 330,503 vehicles during the same period with a vigorous year-on-year growth of 20.4%.

May 18 , 2020
Startup Leapmotor, FAW Car to jointly develop smart EV models
Startup Leapmotor, FAW Car to jointly develop smart EV models

Chinese automakers FAW Car and Leapmotor forged a strategic partnership earlier this week to jointly develop intelligent electric vehicle (EV) models.

May 9 , 2020
Toyota and FAW Restructure their Joint Company's Management Systems with the Aim of Sustainable Growth in China
Toyota and FAW Restructure their Joint Company's Management Systems with the Aim of Sustainable Growth in China

China FAW Group Co., Ltd. (FAW) and Toyota Motor Corporation (Toyota) will restructure their management systems with the aim of achieving sustainable growth in China.

Apr. 28 , 2020
FAW Group reports sales volume of 607,675 vehicles for first quarter
FAW Group reports sales volume of 607,675 vehicles for first quarter

FAW Group output and sold 556,948 and 607,675 complete vehicles respectively in the first quarter of 2020 (Q1), the Chinese state-owned automaker announced on April 8.

Apr. 9 , 2020
FAW invests RMB 470 mln to produce more Hongqi-branded vehicles
FAW invests RMB 470 mln to produce more Hongqi-branded vehicles

FAW Group plans to invest roughly 470 million yuan ($67.4 million) in upgrading the production line to further increase the annual capacity of its premium Hongqi brand to 184,000 units.

Jan. 7 , 2020
FAW Group 2019 auto sales edge up 1.3%, full-year revenue hits RMB620 billion
FAW Group 2019 auto sales edge up 1.3%, full-year revenue hits RMB620 billion

FAW Group sold 3.464 million vehicles through 2019, achieving a growth of 1.3% compared with the year-ago period, and outpacing the overall auto industry by 10 percentage points, the state-owned automaker announced via its WeChat account.

Jan. 6 , 2020