What are the four major automotive groups?
1 Answers
The four major automotive groups in China refer to China FAW Group Corporation Limited, Dongfeng Motor Corporation, SAIC Motor Corporation Limited, and China Changan Automobile Group Co., Ltd. These four automotive groups are key enterprises supported by the state. Below are detailed introductions: 1. China FAW Group Corporation Limited: Commonly known as FAW Group, China FAW, or FAW, it is located in Changchun, Jilin Province, China. Originally named FAW Automobile Factory, after more than 60 years of development, China FAW has become a large state-owned automotive enterprise group with an annual production and sales volume of 3 million vehicles, consistently ranking first in the industry in terms of total production and sales. 2. Dongfeng Motor Corporation: Dongfeng is a super-large automotive enterprise directly under the central government. Its predecessor was the "Second Automobile Works," established in Shiyan, Hubei in 1969. It was renamed Dongfeng Motor Corporation on September 4, 1992. 3. SAIC Motor Corporation Limited: In 1901, the first two Oldsmobile automobiles appeared in Shanghai, making it the first city in China to use automobiles. By the 1940s, Shanghai had 30,000 vehicles, with brands from major global automakers, earning it the nickname "International Automobile Exhibition." 4. China Changan Automobile Group Co., Ltd.: Headquartered in Beijing, it was originally named China South Industries Automobile Co., Ltd. and was established in December 2005.
