FAW Group Corporation
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FAW Group Corporation (“First Automobile Works”) is a Chinese state-owned automotive manufacturing company headquartered in Changchun, Jilin, China.[4] Its principal products are automobiles, buses, light, medium and heavy-duty trucks,[5] and auto parts.[6] FAW became China’s first automobile manufacturer when it unveiled the nation’s first domestically produced passenger car, the Hong Qi, in 1958.[7]
FAW is one of the “Big Four” Chinese automakers alongside Changan Automobile, Dongfeng Motor Corporation, and SAIC Motor.[8] In 2014, the company ranked third in terms of output, producing 2.7 million vehicles.[9]
The company has three publicly traded subsidiaries: FAW Car Co., Ltd. (SZSE: 000800), Tianjin FAW Xiali Automobile Co., Ltd. (SZSE: 000927), and Changchun FAWAY Automobile Components Co., Ltd. (SSE: 600742).
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