China FAW Group Import & Export Corporation

FAW Group is a global leader in the vehicle manufacturing industry with a 50-year history of innovation. Founded in 1953, FAW employs 118,000 people around the world and sells products in over 70 countries. As China's state-owned automotive corporation,the company's total assets are valued at 131,491 billion yuan RMB. FAW is a diversified maker of quality light, medium, and heavy-duty trucks, automobiles, municipal buses and luxury tourist coaches, custom bus chassis, and mini-vehicles with total sales in excess of 7 million vehicles worldwide. FAW maintains the lead market position within China while continuing to expand into new international markets, executing a carefully planned strategy to build a comprehensive global organization.
China FAW Group Corporation, commonly referred to as FAW due to its original name of First Automotive Works, broke ground for its first factory on July 15, 1953. FAW produced China's first Jiefang commercial truck in 1956, and in the year... [Details]