Search Results for "FAW"

FAW Car forecasts profit slump between 63% and 78% year on year in H1
FAW Car forecasts profit slump between 63% and 78% year on year in H1

FAW Car Co., Ltd. forecasted that it will post net profit between RMB 60 million and RMB 100 million, slumping between 63% and 78% year on year, compared with RMB 270 million during the same period last year.

Jul. 23 , 2018
FAW Group boasts H1 sales over 1.71 million, Hongqi brand YTD sales nearly reach 10,000 units
FAW Group boasts H1 sales over 1.71 million, Hongqi brand YTD sales nearly reach 10,000 units

FAW group posted a year-on-year sales growth of 7.1% with a total of 1,712,506 vehicles delivered from January to June, the group announced in recent days.

Jul. 16 , 2018
FAW, Dongfeng, Changan co-establish T3 mobility joint venture
FAW, Dongfeng, Changan co-establish T3 mobility joint venture

FAW Group, Dongfeng Motor Corporation and Chongqing Changan Automobile Co., Ltd has officially signed a letter of intent in recent days to jointly establish a T3 mobility service company.

Jul. 13 , 2018
Ex CRRC president named as FAW Group general manager
Ex CRRC president named as FAW Group general manager

China’s stated-owned automaker FAW Group announced on June 27 that Xi Guohua, former president of CRRC Corporation Limited (CRRC), was appointed as the group’s general manager, deputy party secretary as well as director.

Jun. 29 , 2018
FAW posts YoY sales growth of 8.1% during past five months
FAW posts YoY sales growth of 8.1% during past five months

FAW Group manufactured 303,000 vehicles in May, zooming up 22.4% from a year earlier. It sold 275,000 vehicles in May with a year-on-year growth of 5.9%.

Jun. 26 , 2018
FAW-VW new brand to launch 3 models in 2019
FAW-VW new brand to launch 3 models in 2019

FAW-Volkswagen is going to launch its third brand which will release three new models in 2019 which include a A-segment SUV model, a A+ segment SUV model built on the MQB-A1 platform and a sedan model based on the PQ25L platform.

Jun. 26 , 2018