Search Results for "FAW"

FAW Hongqi’s YTD production set to exceed 110,000 units
FAW Hongqi’s YTD production set to exceed 110,000 units

Hongqi, the state-owned FAW Group's premium auto brand, saw its annual production skyrocket 199% over the year-ago period to more than 100,000 units as of December 19, according to a media outlet.

Dec. 23 , 2019
FAW-VW, Audi sign MoU to inject China-built Audi models with more sports DNA
FAW-VW, Audi sign MoU to inject China-built Audi models with more sports DNA

FAW-Volkswagen (FAW-VW) and German premium carmaker Audi recently signed a memorandum of understanding (MoU) to imbue Audi-branded models produced by the Sino-German joint venture with more genes of Audi Sport.

Dec. 17 , 2019
FAW Car expects annual profit growth of 105 mln yuan after two assets transfer
FAW Car expects annual profit growth of 105 mln yuan after two assets transfer

FAW Car, a subsidiary of FAW Group, transferred its assets in economic development zone of Changchun to a stamping dies company dubbed Zhisheng in the capital of Jilin for 81.2 million yuan ($11.5 million).

Dec. 13 , 2019
Dongfeng, FAW, Changan to co-build urban logistics joint venture
Dongfeng, FAW, Changan to co-build urban logistics joint venture

Dongfeng Motor Corporation, FAW Group and China Chang'an Automobile Group Co., Ltd (CCAG), signed a letter of intent on November 27 to build the VTC joint venture of co-shared storage for urban logistics and distribution.

Nov. 29 , 2019
FAW Hongqi targets higher annual sales in 2019
FAW Hongqi targets higher annual sales in 2019

Hongqi, the state-owned FAW Group's premium auto brand, is likely to see the annual sales of 2019 reach 110,000 units, rather than 100,000 set at the beginning of this year, Xu Liuping, chairman and CPC secretary of FAW, said on November 26.

Nov. 27 , 2019
FAW Xiali, Bordrin’s joint venture formally launched
FAW Xiali, Bordrin’s joint venture formally launched

A joint venture between FAW Xiali and the EV startup Bordrin was officially founded November 18 and was granted operating license only two days later, according to FAW Xiali’s annoucement.

Nov. 21 , 2019