July 10, 2014 3:28 AM ET

Automobiles

Company Overview of China FAW Group Corporation

Company Overview

China FAW Group Corporation, a state owned enterprise, develops and manufactures vehicles. The company’s products include passenger cars; light, medium, and heavy trucks; coach chassis; municipal transit and intercity buses; luxury tourist coaches; mini vehicles; engines; commercial trucks; SUVs and pickups; transmissions; axles; and components and parts. It offers its products through a network of dealers in China and internationally. The company was formerly known as First Automotive Works. China FAW Group Corporation was founded in 1953 and is based in Changchun, China with branches/representative offices/dealers in China, Algeria, Chile, Cameroon, D.P.R. Korea, Ethiopia, Egypt, Germany, ...

No.2259 Dongfeng Street

Changchun,  130011

China

Founded in 1953

Phone:

86 43 1859 0071 5

Fax:

86 43 1857 3070 7

Key Executives for China FAW Group Corporation

President and Chairman
Age: 50
Chief Financial Officer
Chief Accountant and Vice President
Age: 57
Vice President and Deputy General Manager
Age: 60
Vice President and Deputy General Manager
Age: 54
Compensation as of Fiscal Year 2014.

China FAW Group Corporation Key Developments

FAW Group Reports Sales Results for the First Quarter of 2014

FAW Group reported sales results for the first quarter of 2014. For the quarter, the company reported total sales of 751,994 units.

Audi AG and China FAW Group Corporation Collaborate to Produce Plug-In Hybrid

Audi AG in collaboration with, FAW Group Corporation, announced that it is commencing production of a China-made plug-in hybrid sedan. The new model is called the Audi A6 e-tron and will be based on the long-wheel version of the Audi A6 sedan. The vehicle will have a have a range of 50 kilometers when using only battery power.

Bharat Forge Hong Kong Ltd Sells Stake in JV to China FAW Corporation Ltd

Bharat Forge Hong Kong Ltd. has divested a 51.85% stake in its JV operations, FAW Bharat Forge Changchun Company Ltd, to its JV partner, China FAW Corporation Ltd, for USD 28.208 million. The transaction took place on 13 January 2014, but is effective from 31 October 2013. The reason cited for the divestment was that the JV had been a loss-making entity for the Indian company.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 13, 2014
FAW Bharat Forge (Changchun) Company Limited
 

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