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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
BYTON qualified to produce PV by gaining 100% stake in FAW Huali
BYTON qualified to produce PV by gaining 100% stake in FAW Huali

Tianjin FAW Xiali Automobile Co., Ltd announced on September 28 that it transfers 100% stake in its wholly-owned subsidiary FAW Huali (Tianjin) Automobile Co. Ltd to FMC, the Nanjing-based company behind the all-electric car brand BYTON.

Sep. 29 , 2018
FAW Volkswagen to unveil homegrown all-new Audi Q3 in January, 2019
FAW Volkswagen to unveil homegrown all-new Audi Q3 in January, 2019

The locally-produced all-new Audi Q3 developed by FAW Volkswagen (FAW-VW) is set to be unveiled in January and hit the market in March next year, according to local media. The China-made model will basically retain the design from the existing model.

Sep. 25 , 2018
FAW Group, BOE build partnership to develop vehicle display technology
FAW Group, BOE build partnership to develop vehicle display technology

Chinese state-owned automaker FAW Group and Boe Technology Group Co., Ltd (BOE) agreed a strategic partnership in recent days to jointly work on in-vehicle display technologies, according to local media.

Aug. 8 , 2018
FAW Car forecasts profit slump between 63% and 78% year on year in H1
FAW Car forecasts profit slump between 63% and 78% year on year in H1

FAW Car Co., Ltd. forecasted that it will post net profit between RMB 60 million and RMB 100 million, slumping between 63% and 78% year on year, compared with RMB 270 million during the same period last year.

Jul. 23 , 2018
FAW Group boasts H1 sales over 1.71 million, Hongqi brand YTD sales nearly reach 10,000 units
FAW Group boasts H1 sales over 1.71 million, Hongqi brand YTD sales nearly reach 10,000 units

FAW group posted a year-on-year sales growth of 7.1% with a total of 1,712,506 vehicles delivered from January to June, the group announced in recent days.

Jul. 16 , 2018