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 1958, China's first Dongfeng car and first Hongqi luxury sedan rolled off the production. Since then, FAW has been at the forefront of promoting China's automotive industry.
FAW has 16 wholly owned subsidiaries and controlling interest in 15 partially owned subsidiaries. FAW Group Corporation is headquartered in China's northern city of Changchun, Jilin Province. FAW Group's domestic production facilities, subsidiaries, and engineering development and test centers are located in 18 locations throughout China.
Manufacturing plants are located in northeastern China's Jilin, Liaoning and Heilongjiang provinces, eastern China's Shandong province and Tianjin municipality, southern China's Guangxi and Hainan provinces, and southwestern China's Sichuan and Yunnan provinces. Products include a full range of passenger cars; light, medium, and heavy trucks; coach chassis; municipal transit and intercity buses; luxury tourist coaches; mini vehicles; engines; transmissions; axles; and components.
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.
FAW Chairman's Message: "We are dedicated to the core value that total customer satisfaction is our number one priority. As a global player with a sales volume now over one million units per year, we take advantage of the latest cutting edge technologies, production methods, and management practices to bring our customers the latest in automobile, truck, and bus design."