History
China First Automotive Works was formed on July 15, 1953. From 1956 until the end of 1978 was a critical growth and development period for FAW. Model changes and revisions took place in the period 1979 to 1987. From 1988 to 2001, China First Automotive Works developed a maturing strategy and a renewed focus on enlarging the company's automotive offerings. The Company is now known as the FAW Group Corporation. After fifty years of development and refinement, FAW now produces hundreds of models of light, medium, and heavy-duty trucks for every vocation.The mission of China First Automotive Works is to become an auto-industry group with a capacity of one million units and competent in the international market. Their dream is "let every Chinese family own a car". They have a core value of "first automobile, first partner" and a management concept of "custom first".
Area of Operation
The businesses of China First Automotive Works are:- Commercial Trucks
- Buses & Coaches
- Passenger Cars
- Mini Vehicles
- SUVs & Pickups
- Components & Parts
Key Statistics
- China First Automotive Works holds assets of $13,307.9 million.
- China First Automotive Works has made profits of $116.1 million in 2006.
- China First Automotive Works operates in China, Russia & Ukraine.
- China First Automotive Works has 137,175 employees.
International Ranking
- China First Automotive Works ranks 470 in Fortune Global 500 list.
Subsidiaries
FAW has 27 wholly owned subsidiaries and controlling interest in 20 partially owned subsidiaries. Among these are:Wholly owned subsidiaries:
- FAW Jiefang Automobile Co., Ltd.
- FAWER Automobile Parts Co., Ltd
- FAW Car Co., Ltd.
- Tianjin FAW Xiali Automobile Co., Ltd.
- Changchun FAW Sihuan Automobile Co., Ltd.
- FAW-Volkswagen Automobile Co., Ltd.
- Tianjin FAW Toyota Motor Co., Ltd. and etc.
Recent Merger
In 2002, Tianjin Automobile Industry (Group) Corporation was merged into FAW Group Corporation.Headquarter Address
2259 Dongfeng St., Changchun 130011China
Phone: 86-431-573-0701
