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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 , 2018FAW 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 , 2018BYTON, a Chinese intelligent EV startup signed a strategic cooperation framework agreement with FAW Group in Nanjing on July 2.
Jul. 3 , 2018BENTELER and Changchun Faway Automobile Components Co.,Ltd (hereinafter, Faway), a holding subsidiary of China’s state-owned automaker FAW Group, signed an agreement on June 4 to build an automobile component joint venture in Tianjin.
Jun. 6 , 2018On May 31, Dongfeng Parts and Components Group and Fawer Automotive Parts Limited Company (Fawer Auto Parts) inked an agreement in Wuhan, capital of Hubei Province, to jointly establish a joint venture, dubbed Dongfeng Fawer Pump Industry Co.,Ltd.
Jun. 1 , 2018FAW Group announced on May 14 that Lei Ping, who had served as vice president in Dongfeng Motor Corporation, has been transferred to FAW Group as vice general manager and member of the standing committee.
May 22 , 2018










