Search Results for "FAW"

FAW-Volkswagen May sales rise 6.3% year on year
FAW-Volkswagen May sales rise 6.3% year on year

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
FAW Group, Dongfeng Motor co-build pump JV, step up tie-up
FAW Group, Dongfeng Motor co-build pump JV, step up tie-up

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-Volkswagen Qingdao Base starts production with debut of all-new Bora
FAW-Volkswagen Qingdao Base starts production with debut of all-new Bora

FAW-Volkswagen East China (Qingdao) Base went into production on May 28, 2018. The all-new Bora, as the first model produced in the new plant, officially debuted at completion ceremony of FAW-Volkswagen Qingdao plant.

May 28 , 2018
FAW Xiali debt-to-asset ratio up to 98.2% in 2017
FAW Xiali debt-to-asset ratio up to 98.2% in 2017

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 moves VW branding, marketing department to Beijing, deep into SUV, NEV fields
FAW-VW moves VW branding, marketing department to Beijing, deep into SUV, NEV fields

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
FAW Hongqi, Shouqi Limousine and Chauffeur sign cooperation agreement to deploy mobility
FAW Hongqi, Shouqi Limousine and Chauffeur sign cooperation agreement to deploy mobility

FAW Group and Shouqi Limousine and Chauffeur signed a strategic cooperation agreement to deploy in mobility recently, saying that both parties will integrate their advantageous resources to help Hongqi brand deploy mobility service sector.

Apr. 25 , 2018