The China FAW Group Corporation is the majority shareholder in FAW Vehicle Manufacturers SA (PTY) and is China’s oldest and largest vehicle manufacturer today. As a result, this Chinese vehicle manufacturer has brought to South Africa the single most reputable Asian heritage, along with their unequalled experience in the global vehicle-manufacturing arena.
China FAW Group Corporation, a state-owned enterprise, develops and manufactures a large range of vehicles including passenger cars; light, medium, and heavy trucks; coach chassis; municipal transit and intercity buses; luxury tourist coaches; mini-vehicles; engines; commercial trucks; SUVs and pickups; transmissions; axles; and components and parts. It offers its products through a network of dealers in China and internationally through various licensing agreements and joint ventures.
The company was formerly known as First Automotive Works, founded in 1953. In that year First Automotive Works broke ground on its first factory.
First Automotive Works initially made only commercial vehicles, but started producing passenger cars in 1958.
In 1992, the name First Automotive Works was changed to China FAW Group Corporation, which today is based in Changchun, China.
FAW was one of the first Chinese automakers to take on Western partners. Its earliest joint venture was with Volkswagen in 1990. Others soon followed, including Toyota and General Motors.
In 2010, the 2,56 million units sold, made China FAW Group Corporation the third most-productive vehicle manufacturer in China, which it remains to this day.
Since inception, China FAW Group Corporation has produced over 16 million vehicles and has consistently been listed as a Fortune 500 company.