FAW Group Profile
China FAW Group Corporation Ltd. (formerly First Automotive Works) commonly referred as “FAW” is China’s Oldest and Largest Automaker. The company broke ground for its first factory on 15th, July, 1953, which is the beginning of China’s Auto Industry.
Global Distribution
- Overseas business covers 49 countries, with a cumulative export of more than 300,000 vehicles.
- With light asset operation, we have set up 16 KD production bases and KD assembly ratio is over 60%.
- Expand “friendly cooperation” with centrally-administrated SOEs for T3, and build new ecosystem of “jointly going abroad”.
Development Vision
After ten years of hard work and efforts, we aim to build China FAW as the “China’s top, world-class” mobile travel service compan
Independent brands: achieve leading position in China and first class in the world. Emerging business: take the leading position in China and have global influence in terms of capabilities, scale and value. Overseas business: fully distribute overseas resources, and rank the top in China in terms of overall scale and level of overseas business. Other business: take the leading position in China in terms of capabilities, scale and profitability.
- Full Time Employee: 140 Thousands
- Capital: 700 Billion RMB (103 Billion USD)
- Most Valuable Brands of 2020: No.1 For Chinese Automotive Industry
- Ranks No.89 Among 2020's Fortune Global 500 Companies
- Commercial Vehicle-No.1 Market Share in China
- BESTUNE Brand-1st Built in China/Most Safety & Intelligent Brand
- HongQi Brand-1st Luxury & Most Famous Brand in China
Established in 1984, China FAW Group Import & Export Co.,Ltd (FAWIEC) is a wholly-owned subsidiary of FAW Group. It was initiated as FAW International Business Unit, and was formally approved as the only division for FAW overseas business, export, import, logistic, etc., FAWIEC operates all overseas marketing and provides services for business activities of joint venture brands and external communications. Currently, FAWIEC has 20 overseas agencies and offices. We have powerful for all of the main overseas markets.
FAW Group Main Cooperator & Globally Main Supplier
- FAW-VW China 1st Automotive Manufacture
- FAW-AUDI China 1st Level Luxury Cars Base
- FAW-TOYOTA China 1st TOYOTA Joint Production Base
- FAW-MAZDA China 1st MAZDA R&D Joint Center
FAW Group, as the Chinese 100% Central State Owned Automotive Groups, controls the biggest Shareholder for Joint Venture Subsidiaries