FAW (First Chinese Automobile Corporation)

The First Chinese Automobile Corporation (FAW) is the oldest automotive company in the PRC.

The products of the First Chinese Automobile Corporation are produced under its own FAW brand. In addition, in the format of joint ventures, the company cooperates with Volkswagen, Audi, Toyota, Mazda and other automakers, producing large, medium and light vehicles, passenger models, as well as minibuses and passenger buses. As of the end of 2021, the First Chinese Automobile Corporation globally sells more than 3 million cars a year. FAW has a network of distributors and dealers in more than one hundred countries of the world, the total export of the company exceeds 120 thousand units of products per year, the amount of annual exports of cars and spare parts is more than $500 million.

History

2022: The beginning of the assembly of Chinese cars at the plant in St. Petersburg

The former Nissan plant in St. Petersburg, the nationalization of which was announced by the Ministry of Industry and Trade, will begin to produce Chinese cars. According to Vedomosti on October 17, 2022, the Russian authorities are going to attract the Chinese automaker FAW through the mediation of Kamaz. Read more here.