China FAW Group Corporation

Type: Company
Name: China FAW Group Corporation
First reported 2 hours ago - Updated 2 hours ago - 1 reports

EXCITEMENT AS CURTAIN FALLS ON LAGOS MOTOR FAIR, AUTO PARTS EXPO

Lagos Auto FairIt was indeed another exciting time at the eight edition of the Lagos Motor Show and the second edition of the Autoparts Expo Nigeria which held at the main arena of the Federal Palace Hotel in Victoria Island, Lagos. The show came to an ... [Published This Day Online - 2 hours ago]
First reported May 16 2013 - Updated May 17 2013 - 1 reports

Volkswagen breaks ground on new plant in central China

Beijing (dpa) - German auto giant Volkswagen AG on Thursday broke ground on a new joint-venture plant scheduled to produce up to 300,000 cars annually from 2015 in central China‘s Changsha city.The Changsha joint venture with Shanghai Automotive Industry ... [Published Europe Online Magazine - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

1.89m automobiles manufactured in China in April

Gasgoo.com (Shanghai May 16) - Total production and sales numbers for domestic Chinese manufacturers in April totaled 1.89 million vehicles and 1.84 million vehicles, the Guangzhou Daily reported today, citing recently released statistics. When compared ... [Published Gasgoo - May 16 2013]
First reported May 15 2013 - Updated May 15 2013 - 1 reports

NCH still waiting for truck payment proof

LONG legal proceedings could have been avoided if the former financial manager of transport company Namib Contract Haulage, Kongo Mokaxwa, simply produced proof that his close corporation paid for three trucks imported from China in early 2007, the chairperson ... [Published Namibian - May 15 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

Q1 profits, Hongqi revival drive rally of FAW stock

FAW's premium Hongqi L9 model was on display at Auto Shanghai this year. Yan Daming / for China DailyThe stock price of FAW Car Co Ltd nearly doubled in the past month, which was attributed to a profitable first quarter and the revival of the Hongqi ... [Published CHINAdaily - May 13 2013]
First reported May 08 2013 - Updated May 08 2013 - 1 reports

China FAW, Oshkosh Team Up for Fire Engines

FAW Bus and Coach Co., Ltd. affiliated to China FAW Group Corporation (CFGC) has reached strategic cooperative agreement with Pierce Manufacturing under Oshkosh Corporation engaged in fire protection and emergency service. Pierce Manufacturing will export ... [Published Individual.com - May 08 2013]
First reported May 07 2013 - Updated May 07 2013 - 1 reports

Pierce Announces Strategic Purchasing Agreement with FAW Group to Expand China Product Offerings

Pierce Manufacturing, part of the Fire & Emergency segment of Oshkosh Corporation (NYSE: OSK), announced a strategic purchasing agreement with FAW Bus and Coach Co., Ltd. of Changchun, China, a subsidiary of China FAW Group Corporation. Pierce will manufacture ... [Published Fire Engineering Magazine - May 07 2013]
First reported May 06 2013 - Updated May 06 2013 - 3 reports

GM China Sales Surge 15% In April

Sales by General Motors Co (NYSE: GM) and its joint ventures in China surged 15% to 261,870 units in April.GM's joint venture with SAIC Motor rose 29% to 121,559 units last month, while sales at its joint-venture with FAW Group declined 0.3% to 5,124 ... [Published Benzinga.com - May 06 2013]
First reported May 06 2013 - Updated May 06 2013 - 2 reports

Toyota says April China auto sales down 6.5% y-o-y

BEIJING: Toyota Motor Corp and its China joint ventures sold 76,400 cars in the country in April, down 6.5 percent from a year earlier, the Japanese automaker said on Monday.That compares a 11.7 percent year-on-year fall in March. Toyota, which operates ... [Published Economic Times - May 06 2013]
First reported May 03 2013 - Updated May 04 2013 - 2 reports

New cars for G77

THE government took delivery of 20 new Hong Qi H7 vehicles given by the People's Republic of China yesterday, a move it says celebrates their long-lasting technical co-operation and friendship.Prime Minister Commodore Voreqe Bainimarama said the vehicles, ... [Published Fiji Times - May 03 2013]
First reported May 03 2013 - Updated May 04 2013 - 2 reports

The Peoples Republic of China has donated a total of 20 protocol vehicles for the high level G77+ Ch ...

The vehicles valued at FJD$4 million were officially received by Prime Minister and current chair Commodore Voreqe Bainimarama yesterday.Speaking at the handover ceremony, Bainimarama said the event demonstrated the strong cooperation shared between Fiji ... [Published Fijilive.com - May 04 2013]
First reported May 02 2013 - Updated May 02 2013 - 1 reports

The big reshuffle

A Hongqi car is displayed at the Shanghai Auto Show on April 20. Photo: CFPBy Liang FeiOn April 27 FAW Group Corp, one of China's leading automakers, announced a new round of changes among its top leadership, signaling a new era for the car manufacturer ... [Published Global Times - May 02 2013]

Quotes

"We will meet our environmental responsibility in Changsha and set another milestone in resource-efficient production with the new factory" Heizmann said, adding that the plant would focus on reducing energy and water use, and limiting emissions of carbon and solvents
Its investment is expected to come online in 2015. "We are pleased about the conclusion of the agreement and are excited to have this new opportunity to establish an operational presence in the EasternEastern Cape, expanding our internal capacity" AfriSam SA CEO Stephan Olivier said last year
Mr. Jie Li, chief financial officer of CAAS, commented, "Our cash and cash equivalents reached an all-time high of $90.4 million at March 31, 2013, and we believe we will continue to generate cash internally over time. We will use our financial strength to create advanced products to sustain our market leadership in China and create a growing presence in international markets."
"Currently, U S automobile market is slowly recovering and European market still stagnates, while in contrast, Chinese market is full of life. Being the biggest global auto market for four consecutive years with strong demands, China has necessarily become the most important global market to where various auto enterprises accelerate to invest latest products and technologies." said Cai Che, chairman of Daimler AG and director of Mercedes-Benz Auto department

More Content

All (88) | News (74) | Reports (0) | Blogs (12) | Audio/Video (0) | Fact Sheets (1) | Press Releases (1)
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EXCITEMENT AS CURTAIN FALLS ON LAGOS MOTOR FAIR... [Published This Day Online - 2 hours ago]
NCH Still Waiting for Truck Payment Proof [Published AllAfrica.com - May 17 2013]
1.89m automobiles manufactured in China in April [Published Gasgoo - May 16 2013]
Volkswagen breaks ground on new plant in centra... [Published Europe Online Magazine - May 16 2013]
Coega Development Corporation battles to unlock... [Published BDlive - May 16 2013]
Court Hears About NCH Transactions [Published AllAfrica.com - May 15 2013]
NCH still waiting for truck payment proof [Published Namibian - May 15 2013]
2nd China International Natural Gas Vehicle Sum... [Published Business Wire - May 14 2013]
China Automotive Systems Reports First-Quarter ... [Published Zecco - May 14 2013]
Carmakers showcase tech innovations at Shanghai... [Published China Economic Net - May 14 2013]
Q1 profits, Hongqi revival drive rally of FAW s... [Published CHINAdaily - May 13 2013]
Automobiles ?Carnival? Begins At Lagos Motor Fa... [Published This Day Online - May 11 2013]
NCH Borrowed Money For Trucks aEUR Hiring of Ya... [Published Individual.com - May 10 2013]
China Automotive Steering System Industry Repor... [Published Zecco - May 10 2013]
LS Group to Partner with China's Dongfeng Motor... [Published KOREA IT TIMES - May 09 2013]
Mazda China sales in April down by 15.2% [Published Steel Guru - May 09 2013]
China FAW, Oshkosh Team Up for Fire Engines [Published Individual.com - May 08 2013]
Pierce Announces Strategic Purchasing Agreement... [Published Fire Engineering Magazine - May 07 2013]
China Corporate News: CNOOC, BG Seals LNG Deal;... [Published The China Perspective - May 07 2013]
China Automotive Systems To Announce 2013 First... [Published Yahoo! Finance - May 07 2013]
China Automotive Systems To Announce 2013 First... [Published Barchart - May 07 2013]
GOOD RECEPTION TO FIRST RANGE OF FAW PASSENGER ... [Published ABR Buzz - May 06 2013]
Siping City enhances the carrying capacity of p... [Published Noodls - May 06 2013]
GM China Sales Surge 15% In April [Published Benzinga.com - May 06 2013]
Toyota says April China auto sales down 6.5% y-o-y [Published Economic Times - May 06 2013]
Toyota says April China auto sales down 6.5 pct... [Published Reuters UK - May 06 2013]
General Motors says China April Sales Up 15% on... [Published Nasdaq - May 06 2013]
General Motors says China April Sales Up 15% on... [Published 4 Traders - May 06 2013]
GM's China auto sales up 15.3 pct in April [Published Reuters - May 06 2013]
Chinese carmaker hopes for revival [Published CHINAdaily - May 04 2013]
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Blogs

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Executive reshuffle at FAW [Published Automotive World - Featured - Apr 16 2013]
First Automobile Works (FAW) Group, based in Changchun in China’s Jilin province, has denied media reports claiming that group Chairman, Xu Jianyi, had resigned from all positions within the group. The company has also refuted reports stating that many ...
FAW-GM joins export push [Published Automotive World - Featured - Apr 09 2013]
The FAW-GM Light Commercial Vehicle joint venture has started exporting. Automotive News China reports that the company, equally owned by General Motors and China FAW Group, launched its first shipment consisting of 20 Jiefang pick-ups earlier this month. ...
Study finds that increased vehicle travel and d... [Published Green Car Congress - Mar 06 2013]
A new study by Dr. Michael Sivak, Director, Sustainable Worldwide Transportation, University of Michigan Transportation Research Institute (UMTRI), has found that from 1970-2010, an increase in vehicle distance travelled in the US, coupled with a decrease ...
FAW-VW To Restructure Sales & Staff [Published Automotive World - Featured - Feb 20 2013]
FAW-Volkswagen Automotive, the Chinese passenger car manufacturing joint venture between FAW Group and Volkswagen AG, has reportedly decided to subdivide its sales areas and restructure the JV’s higher management staff. According to a local news portal, ...
4 Consumer Stock Stories for Investor Shopping [Published Wall St. Cheat Sheet - Feb 06 2013]
General Motors Company ( NYSE:GM ): Closing price $28.58 GM said on Tuesday that it and its joint ventures in China sold 310,765 units during the month of January , which is up by 26 percent year-over-year from 2011. Its joint venture with Shanghai’s ...
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Press Releases

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2nd China International Natural Gas Vehicle Sum... [Published Business Wire - May 14 2013]
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