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First Automobile Works
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Audi Challks out Business Growth Plan for China
Nov 15, 2016Audi has developed a growth plan for its joint business with First Automobile Works (FAW) Group for the coming 10 years with eyes on sustainable growth in the brand's largest global market. The partners will intensify their cooperation in ...
Tags: Audi, FAW-Volkswagen, SUV
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Profits of Oil Giant China Sinopec Increased More Than 10 Billion Yuan
Jan 2, 2014Profits of oil giant China Sinopec increased more than 10 billion yuan (1.6 billion U.S. dollars) in the first eleven months. Huang Shuhe, vice chairman of the State-owned Assets Supervision and Administration Commission (SASAC), said the ...
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Faw Is Planning to Invest $1.146bn in Research and Development of Products
Mar 15, 2013Chinese vehicle manufacturer First Automobile Works (FAW) is planning to invest CNY7.2bn ($1.146bn) in research and development of products in 2013. The total investment by the company during the period of 2011 and 2015 will reach ...
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FAW Is Planning to Build New Truck Assembly Plant at Coega Idz in South Africa
Dec 4, 2012Chinese vehicle manufacturer First Automobile Works (FAW) is planning to build a new ZAR200m ($23.7m) vehicle and truck assembly plant in Coega Industrial Development Zone (IDZ) in South Africa. FAW has selected WBHO Construction as its ...
Tags: FAW, assembly plant, South Africa
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Freescale Partned with FAW to Form New Joint Automotive Lab
Dec 3, 2012Freescale Semiconductor (FSL) has entered into a partnership with First Automobile Works (FAW), a China-based automotive OEMs, to form a new joint automotive lab 'FAW-Freescale'. The new joint automotive lab will be a shared research and ...
Tags: Freescale Semiconductor, First Automobile Works, ertrain control
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Sales of Wordwide Heavy Truck Grow at a Compound Annual Growth Rate of 4.87% Between 2011
Dec 3, 2012Global sales of heavy trucks are expected to grow at a compound annual growth rate (CAGR) of 4.87% during the period between 2011 and 2015, according to a new report. TechNavio's Global Heavy Truck Market 2011-2015 report revealed that ...
Tags: CAGR, TechNavio, economic growth
