Search Results for "FAW"
BENTELER 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 , 2018
FAW-Volkswagen delivered 163,016 vehicles (including imported Audis) with a YoY increase of 6.3% in May. Sales of Volkswagen reached 111,516 units, up 5.6% from a year earlier, while Audi’s May sales (including imported vehicles) reached 51,500 units
Jun. 6 , 2018
On 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 , 2018
FAW-VW posted a YoY sales growth of 11.2% to 163,566 units (including imported Audis) in April, according to FAW-VW. Strikingly, Audi and Volkswagen brands saw two-digit sales growth in April.
May 7 , 2018
FAW Xiali reached operation revenue of RMB 1.451 billion in 2017, slumping 28.34% year on year and the net profit attributable to shareholders was RMB -1.641 billion, nosediving 1,110.64% year on year. Its debt-to-asset ratio was up to 98.2%.
May 2 , 2018
FAW-VW’s VW brand moved its branding and marketing department to Beijing. Meanwhile, its North China sales department, which had been located in Chaoyang District of Beijing, has also been moved into the same building, according to local media.
Apr. 27 , 2018