Search Results for "FAW"
FAW Car in China announced to sell equity of Hongqi to FAW Group on September 18.
Sep. 22 , 2016Teng Tieqi, deputy general manager of FAW, one of leading automaker in China, is likely to be new general manager of the company, according to media in the country.
Aug. 28 , 2016FAW Car seems to walk into a cliff edge in the first half of year. Estimated performance for 2016 half-year shows that FAW Car faces a loss of RMB 790m to 850m in the period, decreasing 591.22% to 628.53% compared with the profit of RMB 181m in the same period of last year. In fact, the situation starts long. As early as in 2012, FAW Car received an annual loss of RMB 800m, and the profit decrease turned out to be 468%. Its profit decline in 2014 and 2015 also reached 80% and 60% respectively.
Jul. 27 , 2016Dealerinventory coefficient of FAW CAR, one of leading automakers in China, was 2.5, with a monthly rise of 12% and yearly decrease of 8%, in June, higher than that of the whole industry, about 1.55.
Jul. 25 , 2016Shareholders from both China FAW Car Co., Ltd and China Tianjin FAW Xiali Automobile Co.,Ltd met today for reviewing proposal made by China FAW Group to change date for shares changes.
Jun. 28 , 2016