Search Results for "FAW "
As reported by Xinhua.com on 10 Nov, FAW Africa Investment Company which belongs to China FAW Group signed cooperation memo with Algeria Arcofina Group on 9 Nov that they would found joint venture to build a car assembly plant in Algeria.
Nov. 14 , 2013A few days ago, Germany media reports said Volkswagen was considering increasing its stake in Faw-VW, to be from the current 40% to 50%.
Sep. 26 , 2013Gasgoo.com (Shanghai June 19) - Foreign Minister Wang Yi's announcement that he will ride in a domestically-manufactured FAW Hongqi limousine has created a stir in the Chinese automotive industry and caused FAW Car's share price to soar. On the heels of the announcement, reports have begun appearing that FAW Hongqi has 1,000 Hongqi H7s ready in its Beijing inventory to grant to various government ministries for use as official cars. The story was reported in a Beijing Evening News report appearing today; however, the paper made sure to point out that no specific details have been officially confirmed as of yet.
Jun. 19 , 2013