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FAW inks MoU with Volkswagen Group for import of CKDs, complete vehicles
FAW inks MoU with Volkswagen Group for import of CKDs, complete vehicles

At the 3rd China International Import Expo (CIIE), China FAW Group, the Changanchun-based state-owned automaker, signed a memorandum of understanding (MoU) about import business with German auto giant Volkswagen Group.

Nov. 5 , 2020
FAW Group, Audi to set up NEV joint venture in China
FAW Group, Audi to set up NEV joint venture in China

Both sides will set up a NEV joint venture to make battery electric vehicles based on the Premium Architecture Electrification (PPE) platform in China.

Oct. 13 , 2020
FAW Group sees sales growth of 18.2% in September
FAW Group sees sales growth of 18.2% in September

Hongqi, the luxury brand under FAW Group, produced 24,780 vehicles last month, up 132.4% year on year.

Oct. 12 , 2020
FAW Group boasts 2.3% YoY growth in first-half sales
FAW Group boasts 2.3% YoY growth in first-half sales

FAW Group said its cumulative sales for the first half of 2020 climbed 2.3% from a year earlier to 1,630,923 units, defying against the overall downward trend mainly led by the impact of COVID-19 spread.

Jul. 7 , 2020
Dongfeng, Changan, FAW co-unveil NEV & ICV-focused joint venture
Dongfeng, Changan, FAW co-unveil NEV & ICV-focused joint venture

Zhongqi Chuangzhi Technology Co.,Ltd. (called “Zhongqing Chuangzhi” for short), a joint venture co-funded by three state-owned automakers—Dongfeng, FAW and Changan, was officially launched on June 29 in Nanjing.

Jun. 30 , 2020
FAW Group’s newly-built subsidiary likely to work for Hongqi’s ICV strategy
FAW Group’s newly-built subsidiary likely to work for Hongqi’s ICV strategy

China’s state-owned automaker FAW Group established a wholly-owned subsidiary on June 22, which is likely to help Hongqi forge ahead with its ICV (intelligent-connected vehicle) development.

Jun. 29 , 2020