Search Results for "FAW "

FAW Group aims to sell nearly 6 million vehicles yearly by 2023
FAW Group aims to sell nearly 6 million vehicles yearly by 2023

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 waives controlling shareholder rights in Changchun Faway Automobile Components
FAW Group waives controlling shareholder rights in Changchun Faway Automobile Components

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
Alibaba AliOS, FAW Besturn collaborate on R&D of vehicle infrastructure cooperative system
Alibaba AliOS, FAW Besturn collaborate on R&D of vehicle infrastructure cooperative system

Alibaba-owned AliOS and FAW Car Co., Ltd. agreed a cooperation to jointly explore the development of IoV, V2X (vehicle to everything) and intelligent driving fleet, aiming to co-boost R&D of vehicle infrastructure cooperation system.

Nov. 19 , 2018
FAW Group granted RMB 1.015 trillion credit intent from 16 banks
FAW Group granted RMB 1.015 trillion credit intent from 16 banks

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’s official WeChat account.

Oct. 25 , 2018
FAW Volkswagen terminates production of Audi Q5
FAW Volkswagen terminates production of Audi Q5

FAW-Volkswagen officially stopped the production of the Audi Q5 (Typ 8R) on October 9, thus the Audi Q5L will no longer share the same sales channel with the Audi Q5, according to local media.

Oct. 12 , 2018
FAW Group, AVIC join hands to develop auto parts, NEV businesses
FAW Group, AVIC join hands to develop auto parts, NEV businesses

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’ advantages in automobile and aviation industries.

Oct. 11 , 2018