Profile of FAW

FAW Group is a global leader in the vehicle manufacturing industry with a 60-year history of innovation. Founded in 1953, FAW employs 120,000 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 244.575 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 18 million vehicles worldwide.

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 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.

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 two 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.

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.

Vision and Values

VISION

FAW Group, founded as the “First Automobile Works”, is the birthplace of China’s automotive industry. As China’s oldest and largest passenger car, bus, coach, and commercial truck manufacturer, the lead pioneer in the industry, FAW Group reaffirms its dominant position year-after-year with exciting and cutting edge vehicles that meet and exceed the demands of our customers around the world. We understand and focus on the needs of our customers, delivering outstanding products and service.

We are continually in pursuit of perfection and proud to be number one. We know that our performance is measured through the eyes of our customers, and endeavor to exceed their every expectation. We remain dedicated to developing our proprietary brands while continuing to engage in mutually beneficial long-term joint venture cooperation with solid and respected global industry leaders where engineering, manufacturing, and marketing synergies are recognized.

Our operating philosophy states that we are our customer’s “first partner”, emphasizing the importance that we place on the customer relationship. Our reasons for working with energy, passion, and respect are twofold: to establish and maintain long-term customer relationships, and to build the most desirable vehicles in the world.

CORPORATE SPIRIT

Promoting teamwork is the heart of FAW’s development. In an atmosphere that inspires a sense of unity, the spirit of innovative thinking, respect for others, personal growth and continuous improvement amongst our employees, we are able to deliver outstanding business results. We are committed to the ongoing development of employee skills at all levels, keeping our people up-to-date with the latest technology.

Innovation is the soul of FAW’s development. Our passion for innovation and creative thinking runs deeply in the company’s culture, giving our employees the support to turn exciting concepts into reality.

Personal growth is the backbone of FAW’s development. By promoting the personal growth of our employees through their work, we are able to increase the participation of our talented people in the decision-making process and reward them for their outstanding accomplishments.

International cooperation

FAW-Volkswagen

http://vw.faw-vw.com/

FAW-Volkswagen Automobile Co. Ltd. is a large-scale joint venture passenger car manufacturer between FAW Group Corporation and Volkswagen AG, with share investments of 60% and 40% respectively. Volkswagen’s 40% investment is divided between Volkswagen AG (20%), Audi AG (10%), and Volkswagen Automobile (China) Investment Co., Ltd. (10%).

Following 20 years of continuous construction and development, the product offerings of FAW-Volkswagen have extended from the Jetta sedan to include the Bora IV, Caddy MPV, Golf IV, Magotan (European Passat), Sagitar (European Jetta), Audi A4, and A6L. The luxurious extended wheelbase A6L is produced exclusively by FAW-Volkswagen. Production capacity had reached an annual output level of 1,500,000 vehicles(2014).

FAW Toyota

http://www.ftms.com.cn
On August 29, 2002, FAW Group Corporation and Toyota Motor Corporation signed a significant agreement in Beijing at the Great Hall of the People, to establish a strategic and long-term cooperative relationship for joint cooperation. Thereafter, the two parties commenced a wide scope of joint activities including wide-scale production of Toyota products in China and related transfers of technology.

FAW Mazda

http://www.faw-mazda.com
FAW Mazda Motor Sales Co. Ltd. (FMSC) is a joint venture company established on March 1, 2005 by FAW Group, FAW Car Co. Ltd. (FCC), and Mazda Motor Corporation. The registered capital of the new joint venture is US $13.7 million, with FAW Group holding a 5% stake, FAW Car with 70%, and Mazda Motor Corporation holding 25%. As the first network of Mazda dealers in China, the company will not only be responsible for Mazda6 sales within the Chinese market, but will have sole distribution rights to all future Mazda-branded vehicles to be produced and launched in China. FMSC will also be responsible for spare parts and accessories distribution, and special factory-supplied tools. The company’s mid-term goal is to produce and sell over 300,000 units in the Chinese market by 2010.

FAW-GM

FAW-GM Light Duty Commercial Vehicle Co., Ltd. (hereinafter referred to as FAW-GM Company or Company) is a joint venture operated by China FAW Group Corporation and General Motors (China) Investment Co., Ltd. It was formally launched on July 27, 2009 with the registered capital of RMB 1.2 billion. Both parties have 50% share respectively and the business period of the joint venture is thirty years.

There are seven departments in the company: General Administration Department, Finance Control Department, Purchasing Department, Manufacturing Department, VSSM Department, Engineering/R&D Center as well as Product Portfolio and Program Management Department and there are 6,937 employees in total. The business scope includes research, development, sales and aftersales of light duty truck (including chassis), light duty van (including chassis), light duty special vehicle (including chassis) and related assemblies and parts as well as storage and logistics of vehicles and parts.

Company has three plants: FAW Harbin Light Duty Vehicle Co., FAW-GM Hongta Yunnan Automobile Manufacturing Co., Ltd. and Changchun Plant, with the total building area of 452,100 square meters. There are lines of four major processes (pressing, welding, painting and general assembly) as well as production lines of four corresponding assemblies (cab, frame, cargo box and axle). They have product portfolios including light truck (1T, 2T, 3T), pick-up, construction vehicle, SUV, MPV and light van. Export includes finished vehicle, CKD and SKD. Besides, they have assembly plants in Russia, Ukraine, Mexico and Vietnam and have already exported to over 20 countries and areas around Southeast Asia, the Americas and the Middle East etc.

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