Search Results for "FAW"

FAW-Volkswagen 2018 deliveries exceed 2.05 million units with YoY growth of 2.6%
FAW-Volkswagen 2018 deliveries exceed 2.05 million units with YoY growth of 2.6%

FAW-Volkswagen (FAW-VW) announced that its vehicle deliveries in 2018 exceeded 2.05 million units, edging up 2.6% from a year earlier. Market share for the Sino-German joint venture was lifted to 8.8%.

Jan. 11 , 2019
FAW-Volkswagen all-new brand to be named “Jeda” in Chinese
FAW-Volkswagen all-new brand to be named “Jeda” in Chinese

Volkswagen is about to launch an all-new sub-brand on February 26 next year in Wolfsburg, Germany, which will be introduced to Chinese market and manufactured by FAW-Volkswagen (FAW-VW), according to a Chinese media outlet.

Dec. 26 , 2018
FAW-Volkswagen sees vehicle outputs for 2018 exceed 2 million units
FAW-Volkswagen sees vehicle outputs for 2018 exceed 2 million units

FAW-VW witnessed its 2 millionth vehicle of the year came off the production line on Dec 24. During the past 20 years, the yearly outputs for the company have been jumping to over 2 million units in 2018 from more than 50 thousand units in 1998.

Dec. 25 , 2018
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