What are the differences between FAW and GAC?
1 Answers
The differences between FAW and GAC lie in their historical backgrounds, vehicle models, corporate natures, and sales networks. The specific details are as follows: Differences in historical background: FAW Toyota was established in 2000 and was Toyota's first partner in China; GAC Toyota was established in 2004 and was Toyota's second partner in China. Differences in vehicle models: FAW Toyota mainly produces models such as Corolla, Crown, Reiz, RAV4, and Prado; GAC Toyota produces models such as Levin and Camry. The two belong to different joint venture manufacturers, one is FAW Group and the other is GAC Group, but both are invested by Toyota headquarters. Differences in corporate nature: FAW Toyota is a state-owned enterprise, while GAC Toyota is a private enterprise. Differences in sales networks: FAW Toyota has a larger scale and produces more vehicle models, so its domestic 4S dealership network is more extensive than that of GAC Toyota.