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  • Chinese carmaker FAW Group reports robust sales in Q1

    China's leading automaker, FAW Group Co., Ltd., reported surging vehicle sales in the first quarter (Q1) of this year.

    April02,2024


  • China's car brand Hongqi sees soaring sales in Q1

    Hongqi, a car brand under China's leading automaker FAW Group Co., Ltd., recorded an over 100,000-vehicle wholesale sales in the first quarter (Q1) of this year, up 64.3 percent year on year, said the group on Monday.

    April02,2024


  • FAW, BYD-backed battery production project operational

    A battery production facility co-invested by China's leading automaker First Automotive Works (FAW) and leading new-energy vehicle (NEV) manufacturer BYD were put into operation on Friday in Changchun, capital of northeast China's Jilin Province.

    February04,2024


  • Audi FAW NEV project breaks ground in NE China

    Audi FAW new-energy vehicle (NEV) project broke ground on Tuesday in Changchun, capital of northeast China's Jilin Province.

    June30,2022


  • China's automaker FAW reports robust sales in Jan.

    China FAW Group Co., Ltd., a leading automobile maker in the country, produced 290,371 complete vehicles and sold 311,508 vehicles in January, the company said Monday.

    February14,2022


  • China's leading automaker FAW sets sales target of over 4 mln cars in 2022

    China FAW Group Co., Ltd., a leading automobile maker in the country, plans to sell around 4.1 million vehicles in 2022, growing at an annual rate of 17.1 percent, the company said Friday.

    January21,2022


  • China's leading truck brand speeds up new energy transformation

    Jiefang, a truck brand of China's leading automaker FAW Group, will invest over 30 billion yuan (about 4.64 billion U.S. dollars) to develop new energy vehicles (NEVs) during the 14th Five-Year Plan period (2021-2025), the company announced Wednesday.

    September30,2021


  • Silk-FAW's dream-car factory to be built in Reggio Emilia

    The factory will be built thanks to the JV between FAW and the US Silk EV. The management and a major part of the thousands of employees will be Italian, which makes it the most important greenfield investment ever with Chinese capital in Italy.

    September13,2021


  • Chinese automaker FAW Jiefang produces 8 millionth vehicle

    FAW Jiefang, a truck subsidiary of China's leading automaker FAW Group, saw its 8 millionth vehicle roll off the production line on Tuesday.

    July14,2021


  • China's FAW Group reports robust motor vehicle production, sales in H1

    China FAW Group Corporation, a leading motor vehicle producer in China, churned out nearly 1.8 million motor vehicles and sold over 1.9 million units in the first half of this year (H1), according to the company.

    July12,2021


  • New Chinese offer for Iveco amounting to more than 3.5 billion

    FAW Group is completing the due diligence and will make its move by June. CNH Industrial, owner of Iveco, recorded +4.3% in the Stock Exchange but there are still some obstacles as concerns the transaction, including the golden power and the EU shield against state-owned subsidiaries.

    April02,2021


  • China's leading automaker FAW posts robust sales growth

    China's leading automaker FAW Group Corporation sold 420,458 vehicles in January, up 18.9 percent year on year, the company said on Sunday.

    February08,2021


  • China's top automaker FAW targets over 6 mln cars sold in 2025

    China FAW Group Corporation, a leading automobile maker in China, plans to sell more than 6 million vehicles in 2025, growing at an average annual rate of close to 8 percent, the corporation said Wednesday.

    February03,2021


  • China's leading automaker FAW targets 4 mln car sales in 2021

    China FAW Group Corporation, a leading automobile maker in China, planned to sell more than 4 million vehicles in 2021, up over 7.9 percent from 2020, the corporation said Tuesday.

    February03,2021


  • Chinese automaker FAW reports double-digit revenue growth in 2020

    First Automotive Works (FAW) Group Co., Ltd., China's leading automaker, saw its revenue increase 12.5 percent year on year in 2020 to 695 billion yuan (about 107 billion U.S. dollars).

    January08,2021


  • China's iconic sedan brand Hongqi to launch E-HS9 at Boao event after 6,170-km journey

    A fleet of nine E-HS9, the latest electric SUV model by Hongqi, hit the road on November 15 in northeastern China Changchun city and headed for southern China Haikou where it would be officially launched for the market at the upcoming 2020 Boao Forum for Entrepreneurs on December 4.

    December02,2020


  • China's iconic sedan brand Hongqi posts strong sales

    Sales of Hongqi, a car brand under China's leading automaker FAW Group Co., Ltd., have more than doubled in the first 11 months of the year to 178,100 units, the company said Tuesday.

    December01,2020


  • China's leading automaker FAW reports growth in sales

    First Automotive Works (FAW) Group Co. Ltd., China's leading automaker, sold more than 3.01 million vehicles in the first 10 months of this year, an increase of 7.8 percent year on year, the company said.

    November11,2020


  • FAW, Audi to produce electric vehicles in China

    China's leading automaker First Automotive Works (FAW) and German automaker Audi signed a memorandum of understanding Tuesday on the establishment of a joint venture for production of electric vehicles based on the PPE platform.

    October14,2020


  • Terminal orders for FAW’s Hongqi-brand to exceed 25,000 units in Oct.

    The Hongqi-brand of China's automaker FAW Group saw its average daily orders surpass 1,500 units during the National Day and Mid-Autumn Festival holiday that ran from October 1 to October 8. Terminal orders for Hongqi are expected to exceed 25,000 units in October, according to Wang Guoqiang, deputy general manager of FAW, on Monday.

    October13,2020


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