What car brands does FAW have?
1 Answers
FAW Group has two major brands: (1) Joint venture brands include: FAW Mazda, FAW Toyota, FAW Volkswagen, and FAW Daihatsu. (2) Independent brands include: FAW Car, FAW Jiefang, FAW Xiali, and FAW Jiabao. 1. About FAW: FAW currently has 150,000 employees, with 5 branch companies, 5 wholly-owned subsidiaries, 4 holding subsidiaries, and 25 shareholding companies, including 4 listed companies among its subsidiaries. It has established five major production bases in Northeast, North, East, South, and Southwest China, forming a product pattern with multiple varieties such as medium and heavy-duty trucks, light-duty trucks, mini vehicles, buses, and sedans. It owns independent brands like Jiefang, Hongqi, and Bestune, as well as joint venture brands like Volkswagen, Audi, Toyota, and Mazda. Its production and sales volume has always been in the first tier of the industry, with cumulative production exceeding 36 million vehicles. 2. FAW's Development Scale: After years of development and construction, FAW has cultivated a corporate culture centered on the enterprise spirit of "Learning, Innovation, Struggle, and Self-improvement." It has initially established a modern enterprise system that meets the needs of market competition. Gradually, it has formed three major bases in Northeast, North, and Southwest China, creating an open development pattern based in Northeast China, radiating nationwide, and facing overseas. It has renovated and built new factories such as the FAW Jiefang Truck New Plant, FAW Car New Plant, FAW-Volkswagen Sedan Plant II, and Tianjin FAW Toyota Sedan Plant II, forming a relatively advanced manufacturing base. Independent R&D and core competitiveness have been continuously improved, forming a product pattern with multiple varieties and wide series of trucks, sedans, light-duty vehicles, and buses.