Search Results for "FAW"
Recent years have witnessed great changes in Chinese passenger vehicle market. A-class vehicle market, possessing the largest market share, greatest competition and most models, has become a main battlefield for all auto giants.
Dec. 9 , 2016
After the first sales volume target adjustment at the middle of this year, raises the sales expectation again, just prior to the Guangzhou Auto Show. Its 2016 sales expectation has increased from 620,000 units, 630,000 units to 650,000 units.
Dec. 2 , 2016
According to the website of FAW Mazda, as far as now, the company will halt the production of all car models except CX-4 and ATENZA, including Mazda CX-7, Mazda 6, Mazda 8 and Mazda RUIYI.
Nov. 22 , 2016On the night of August 21th, FAW Xiali released an Announcement of Suspension of Trading in relation to material asset restructuring by the Board, in which the company plans to sell 15% shares of Tianjin FAW Toyota Motors (TFTM) to its controlling shareholder, FAW Group. It’s expected that a total of RMB 2.5b will be obtained and increase FAW Xiali’s current profit. FAW Xiali still holds 15% shares of TFTM after the asset transfer. The trade is expected to form a material asset restructuring, and the company stock will face a suspension of trading from August 22th.
Aug. 24 , 2016Photos of Junpai A70, made by Tianjin FAW, one of leading automakers in China, have been reportedly released recently.
Aug. 20 , 2016Personnel adjustment on top managements in FAW Car and FAW Xiali, two listed subsidiaries of FAW Group, one of leading automakers in China, may serve to accelerate regrouping of businesses.
Aug. 18 , 2016