What are the differences between FAW and SAIC?
2 Answers
SAIC and FAW have differences in terms of shareholding, vehicle models, market positioning, and production. Here are the specific differences between the two: 1. Shareholding: SAIC holds a larger share, accounting for 60% of the shares, while FAW Group holds 40%. 2. Vehicle Models: The two groups produce different vehicle models. For example, FAW Group's models are mostly based on Volkswagen's original designs. 3. Market Positioning: FAW Group is more focused on the mid-to-low-end market and has not seized opportunities in the high-end market. Shanghai Volkswagen, on the other hand, is more positioned in the high-end market. 4. Production: Their production lines are different.
FAW and SAIC are both major Chinese automakers, but they differ significantly. Starting with their origins, FAW was established in 1956 in Changchun, known as China's First Automobile Works, carrying a state-owned enterprise big brother vibe, headquartered in the cold northern region. SAIC, on the other hand, started in Shanghai in 1955, more commercially modern, with its headquarters in a bustling metropolis. Once on a road trip to the north, I noticed FAW cars like the Hongqi H9 were quite common—sturdy and durable, ideal for long distances. In southern cities, SAIC models like the Roewe i5 dominated the streets, being lightweight and agile. Their joint ventures also differ vastly: FAW partners with Volkswagen (e.g., FAW-Volkswagen), handling brands like Audi, while SAIC collaborates with GM (e.g., SAIC-GM) and has its own MG brand. Market-wise, FAW focuses on the northeast and heavy-duty trucks, whereas SAIC aggressively targets eastern China and overseas markets. I believe their core identities are shaped by distinct regional cultures—FAW leans traditional and steady, while SAIC embraces a faster, more innovative pace.
