@faw.com
FAW Group is a Chinese state-owned automotive manufacturing company.
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FAW Group Corporation, commonly known as FAW, is a leading automotive manufacturing company based in China. It was established in 1953 and is headquartered in Changchun, Jilin province. FAW has grown to become one of the Big Four automobile manufacturers in China, alongside SAIC Motor, Dongfeng Motor, and Chery Automobile.
The company offers a wide range of products and services, primarily focusing on the production of passenger cars, commercial vehicles, and automotive parts. FAW has partnerships with numerous international automotive companies, including Volkswagen, Toyota, and General Motors. On a global scale, FAW has a significant presence in various markets.
It has formed several joint ventures and subsidiaries with renowned automobile manufacturers. FAW-Volkswagen, established in 1991, is one of the most successful ventures, producing and selling Volkswagen-branded vehicles in China. FAW-Toyota, formed in 2003, specializes in manufacturing Toyota vehicles.
Furthermore, FAW has established partnerships with other international companies, including Mazda and Audi. In terms of market position, FAW Group has been a key player in China's automotive industry for decades. It has consistently ranked among the top-selling automobile manufacturers in the country.
FAW's global sales have also experienced significant growth, making it a formidable competitor on the international stage. Throughout its history, FAW has achieved numerous milestones and accomplishments. In recent years, the company has focused on expanding its electric vehicle (EV) lineup to meet the growing demand for eco-friendly transportation.
FAW launched its first EV brand, Hongqi EV, in 2018 and has since made significant investments in EV technology and infrastructure. As of the latest updates, FAW Group continues to push forward in the EV market, aiming to increase its market share in China and globally. The company's commitment to innovation, strategic partnerships, and sustainable mobility solutions positions it well for future growth and success
Company Type
Public Company
Company Size
10,001+
Year Founded
1953
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