Search Results for "FAW "

FAW invests in BYTON’s B-round funding
FAW invests in BYTON’s B-round funding

On Apr. 20, FAW Group and BYTON signed a framework cooperation agreement on BYTON’s B-round funding, signifying the first cooperation between state-owned car manufacturers and EV startups.

Apr. 20 , 2018
Sixth automaker partner, Tencent to develop IoV cause with FAW Group
Sixth automaker partner, Tencent to develop IoV cause with FAW Group

On April 15, the Chinese Internet titan Tencent and the state-owned automaker FAW Group signed strategic cooperation framework agreement in the Internet of Vehicles (IoV) area.

Apr. 16 , 2018
FAW Car sees YoY net profit rise of 146.49% in 2017
FAW Car sees YoY net profit rise of 146.49% in 2017

FAW Car Co. Ltd. (FAW Car) turned loss into profits with whole sales and profits seeing large growth in 2017, according to FAW Car’s annual financial report.

Apr. 4 , 2018
FAW Toyota January sales surge 49% year on year
FAW Toyota January sales surge 49% year on year

FAW Toyota saw YoY sales surge of 49% to 84,000 units in January. It also reached a retail volume of 63,182 units in January with a year-on-year growth of 23%, according to official FAW Toyota.

Feb. 22 , 2018
Top stories of FAW Group in 2017
Top stories of FAW Group in 2017

2017 saw many changes in FAW Group. The hot words on many report was probably “personnel change”, especially changing heads with Changan Auto. Actually, apart from the changes in personnel structure, there were also other events that have attracted a

Feb. 13 , 2018
FAW Hongqi targets annual sales of 30,000 units in 2018
FAW Hongqi targets annual sales of 30,000 units in 2018

It is revealed that FAW Hongqi set an annual sales target of 30,000 vehicles in 2018, and the number of its dealers is expected to reach 100 by the end of 2018.

Feb. 13 , 2018