FAW Group
The First Automotive Works (FAW ) (中国 第一 汽车 集团Pinyin: Zhong Guó DIYI Qiche Jituan, German: Chinese car factory number one) is a state motor vehicle and engine manufacturers in China.
With headquarters in Changchun FAW is the largest Chinese manufacturer of diesel engines, passenger cars, as well as medium to heavy buses and trucks FAW produced at 19 different locations mainly in the northeast of China. In addition, FAW has factories in Russia and Ukraine. The German engine company Deutz AG in Cologne is involved since 1996 through a joint venture and has taken over since December 7, 2006, a total of 50% of the shares of the diesel engine design, as well as the leadership in this area of FAW. From 2001 to 2004, FAW also founded only in 2000 Etsong Automobile Manufacturing Co., Ltd.. bought. This ultimately was then sold to the SAIC.
History
The company was founded in 1953 with Soviet support as China First Automotive Works and adopted in 1956, truck production and soon afterwards (Red Flag ), the mid-sized car " Dong Feng" and the official limousine " Hongqi " came into the program. The Dong Feng - work was cleaved end of the 1970s, and has since been trading under the name Second Automotive Works.
Since its opening in the 1980s, FAW has been received with several foreign car manufacturers joint venture, as with Volkswagen ( FAW -Volkswagen ), Toyota ( FAW- Toyota) and Mazda (FAW - Mazda).
2006, the Group produced approximately 110,000 vehicles and redeemed saved over 1.6 billion yuan ( about 170 million euros ).
Joint Venture
Foreign corporations may establish within the framework of a joint venture with a Chinese company manufacturing facilities in China. Both a foreign group may have many enter into joint ventures, as well as Chinese manufacturers often enter into several joint ventures.
FAW is working since 1991 in a joint venture with Volkswagen together; In February 1991, the plant's production of the offered today VW Jetta took on. In December 2004 a second plant was opened. the total capacity of this joint venture is 1,000 vehicles per day.
Toyota has two joint ventures with FAW and a technical license project for the production of Vice ( Yaris first generation) and Corolla, Coaster and the Toyota Land Cruiser.
Deutz has participated on 7 December 2006 through a joint venture with 50 % stake in diesel engine production. This partnership, or cooperation existed for more than 10 years between the Deutz AG and FAW in the field of engine manufacture. Deutz has now involved in half and will invest a further 60 million euros and take the lead in FAW Dalian (Northeast China v. ). The acquisition of the majority shareholding is scheduled and the diesel engine production in China, should be increased from the current 50,000 to 100,000 engines.
Own models
In addition to the aforementioned joint ventures FAW also produces vehicles under its own name. To this end, the Group has a number of own brands:
- FAW, the Group's main brand, also intended to designate a number of in-house commercial vehicles.
- Hongqi, a premium brand - even in the Western sense - and supplier of Chinese state carriages.
- Vita, an automotive brand for the mid to upper price segment.
- Oulai, an automotive brand for the lower to middle price segment.
- Xiali, an automotive brand for the lowest price segment, mainly used for designating under license built, mostly older Daihatsu models.
- Haima, an automotive brand of FAW- Mazda joint venture company, mainly for Mazda - licensed production under FAW own brand name.
- KaiLi, an automotive brand of FAW- Volkswagen joint venture company.
Criticism
The Chinese carmaker used in breach of contract patents and design documents from VW in order to build for their own division engines and transmissions. These vehicles are also sold in countries where VW occurs as competitors.