Articles Tagged with "FAW Group"

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 sees sales growth of 18.2% in September
FAW Group sees sales growth of 18.2% in September

Hongqi, the luxury brand under FAW Group, produced 24,780 vehicles last month, up 132.4% year on year.

Oct. 12 , 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
FAW Group’s first DCT 400 high-torque transmission rolls off the production line
FAW Group’s first DCT 400 high-torque transmission rolls off the production line

FAW Group saw its first DCT 400 transmission come off the production line on June 1, meaning that the Chinese state-owned automaker has filled in the blank in the field of high-torque automatic transmission.

Jun. 3 , 2020
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