Search Results for "FAW Group"

FAW Group achieves two-digit increase in both Jan. outputs, sales
FAW Group achieves two-digit increase in both Jan. outputs, sales

FAW Group announced its auto sales jumped 18.9% from a year ago to 420,458 units in January 2021, while its outputs leapt 21.6% to 309,077 units.

Feb. 7 , 2021
FAW Group’s sales expected to rise 7.3% year on year in 2020
FAW Group’s sales expected to rise 7.3% year on year in 2020

FAW Group’s full-year sales in 2020 are expected to reach 3.71 million units, a year-on-year increase of 7.3%, according to Wang Guoqiang, deputy general manager of FAW Group.

Dec. 29 , 2020
FAW Group, Audi to set up NEV joint venture in China
FAW Group, Audi to set up NEV joint venture in China

Both sides will set up a NEV joint venture to make battery electric vehicles based on the Premium Architecture Electrification (PPE) platform in China.

Oct. 13 , 2020
FAW Group boasts 2.3% YoY growth in first-half sales
FAW Group boasts 2.3% YoY growth in first-half sales

FAW Group said its cumulative sales for the first half of 2020 climbed 2.3% from a year earlier to 1,630,923 units, defying against the overall downward trend mainly led by the impact of COVID-19 spread.

Jul. 7 , 2020
FAW Group’s newly-built subsidiary likely to work for Hongqi’s ICV strategy
FAW Group’s newly-built subsidiary likely to work for Hongqi’s ICV strategy

China’s state-owned automaker FAW Group established a wholly-owned subsidiary on June 22, which is likely to help Hongqi forge ahead with its ICV (intelligent-connected vehicle) development.

Jun. 29 , 2020
FAW Group once again obtains double-digit YoY sales growth
FAW Group once again obtains double-digit YoY sales growth

FAW Group output and sold 352,273 and 344,548 complete vehicles in May, up by 23.5% and 30.9% year on year respectively, versus the 20.4% growth in its April sales.

Jun. 10 , 2020
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