Is the Toyota Corolla produced by FAW or GAC?
1 Answers
Toyota Corolla is produced by FAW. Toyota has two joint ventures in China, one is FAW Toyota and the other is GAC Toyota. FAW Toyota is a joint venture between Japan's Toyota and China's FAW Group, with each holding a 50% stake. The models produced and operated by FAW Toyota include Crown, Reiz, Corolla, Prado, Land Cruiser, etc. GAC Toyota is a joint venture between Japan's Toyota and China's GAC Group, with each holding a 50% stake. The models produced and operated by GAC Toyota include Camry, Highlander, Yaris, etc. The common point is that both are invested and built by Japan's Toyota in China, and the technology is provided by Japan's Toyota. The difference lies in the different models, so there is no comparison in terms of price or service.