FAW Group
FAW Group Corporation is a state-owned enterprise with at least three publicly traded subsidiaries: FAW Car Company (SZSE: 000800), Tianjin FAW Xiali Automobile Co Ltd (SZSE: 000927), and Changchun FAWAY Automobile Components Co Ltd (SSE: 600742).
A maker of automobiles; buses; light, medium, and heavy-duty trucks; and auto parts; FAW became China's first automobile manufacturer when it unveiled the nation's first domestically produced passenger car, the Hong Qi, in 1958.
The company is currently one of the "top 4" Chinese automakers along with Chang'an Motors, Dongfeng Motor, and SAIC Motor. In 2011, its production of 2,601,300 vehicles allowed the company to round out the top three Chinese vehicle manufacturers.
FAW has its headquarters in Changchun, a tree-lined city on the Northeastern Songliao Plain.
Read more about FAW Group: History, Brands, Subsidiaries and Divisions, Production Bases and Facilities, Joint Ventures, Logo, Export Sales
Famous quotes containing the word group:
“Now, honestly: if a large group of ... demonstrators blocked the entrances to St. Patricks Cathedral every Sunday for years, making it impossible for worshipers to get inside the church without someone escorting them through screaming crowds, wouldnt some judge rule that those protesters could keep protesting, but behind police lines and out of the doorways?”
—Anna Quindlen (b. 1953)