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  • 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


  • FAW's iconic sedan brand Hongqi to release 20 new models

    China's leading automaker First Automotive Works (FAW) Group Co., Ltd. will release 20 new models under its iconic sedan brand Hongqi in the next five years.

    October13,2020


  • China's leading automaker FAW reports growth in sales

    China's leading automaker First Automotive Works (FAW) Group Co., Ltd. sold 2,656,744 vehicles in the first three quarters of the year, up 8 percent year on year, according to corporate sources.

    October12,2020


  • China's leading automaker FAW posts strong sales growth

    First Automotive Works (FAW) Group Co., Ltd., China's leading automaker, sold 314,454 vehicles in August, up 14 percent year on year, according to corporate sources.

    September09,2020


  • China's leading automaker posts strong sales growth

    First Automotive Works (FAW) Group Co., Ltd., China's leading automaker, sold 322,471 vehicles in July, up 23.2 percent year on year, according to corporate sources.

    August11,2020


  • China's leading automaker posts sales growth

    China's leading automaker First Automotive Works (FAW) Group Co., Ltd. sold more than 1.63 million vehicles in the first half of 2020, up 2.3 percent year on year.

    July27,2020


  • FAW Commercial Vehicles recruits distributors in 35 countries worldwide

    China FAW Commercial Vehicles, branch of FAW Group Co., a state-owned leading automaker based in northeast China's Jilin Province, is recruiting distributors in 35 countries worldwide.

    June19,2020


  • FAW project for the car of the future, the Region works on it

    The assessor for the Development and work of the Emilia-Romagna region, Vincenzo Colla, has drafted the regional law on attractiveness in order to simplify the start of the project concerning the production of a super electric car by the largest Chinese automotive group.

    May20,2020


  • FAW-Volkswagen resumes production amid epidemic

    FAW-Volkswagen Automobile Co., Ltd. resumed production at its four production bases across China as of Monday amid the novel coronavirus (COVID-19) outbreak.

    February18,2020


  • China's Hongqi to launch 21 new car models in five years

    China's leading automaker FAW Group said that 21 new models will be launched in the next five years under its iconic brand Hongqi, with annual sales expected to exceed 600,000 units by 2025.

    January13,2020


  • FAW Car intends asset swap with FAW Jiefang

    FAW Car Co., Ltd. (FAW Car, 000800.SZ) announced on Thursday night that it intends to swap most of its assets and liabilities for the equivalent part of the shares of FAW Jiefang Automotive Co. Ltd. (FAW Jiefang).

    April12,2019


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