China FAW Group Corporation

Type: Company
Name: China FAW Group Corporation
First reported Sep 18 2014 - Updated Sep 18 2014 - 1 reports

FAW Volkswagen tops in sedan cars in Aug at 134,300 units

(China Knowledge) – FAW Volkswagen Automobile Co, German auto maker Volkswagen AG's jointventure with China's state owned China FAW Group , ranked first among the top ten sedanmakers' list released by the China Association of Automobile Manufacturers ... [Published China Knowledge Online - Sep 18 2014]
First reported Sep 18 2014 - Updated Sep 18 2014 - 1 reports

Chinese trucks come to AAD [AAD142]

FAW South Africa (Chalet 32), a subsidiary of China FAW Group, has announced here the establishment of a new company with South Africa’s Pamodzi Group for the production of trucks for South Africa and other sub-equatorial countries. The new company, Pamodzi-FAW ... [Published Jane's - Sep 18 2014]
First reported Sep 17 2014 - Updated Sep 17 2014 - 1 reports

Govt investigation of FAW Group expands to 50 executives: report

Around 50 executives of FAW Group Corporation, a State-owned automaker in Northeast China's Jilin Province, have been investigated by an inspection team dispatched by China's central authorities, a newspaper report said Wednesday.So far three cases involving ... [Published Global Times - Sep 17 2014]
First reported Sep 11 2014 - Updated Sep 12 2014 - 3 reports

FAW-Volkswagen gets antitrust ticket in central China province

Contributed by NAMPA / Xinhua.BEIJING, Sept. 11 (Xinhua) -- FAW-Volkswagen has been fined 249 million yuan (40.7 million U.S. dollars) for price fixing by Hubei provincial pricing bureau.FAW-Volkswagen Automotive Co. Ltd., a joint venture between Chinese ... [Published Namibia Press Agency - Sep 11 2014]
First reported Sep 08 2014 - Updated Sep 09 2014 - 2 reports

Bharat Forge Exits Impact Automotive To JV Partner KPIT

@Bharat_Forge has sold its 50% stake in JV company, Impact Automotive Solutions, to JV partner @KPIT_Technologies for INR 108 Mn against an initial investment of INR 149.1 Mn.The JV was formed in 2010, to manufacture hybrid solutions for automobiles wherein ... [Published Deal Curry - Sep 09 2014]
First reported Sep 03 2014 - Updated Sep 03 2014 - 2 reports

China launches criminal case against former FAW auto executive

SHANGHAI, Sept 3 (Reuters) - Chinese prosecutors have launched a criminal bribery investigation into a former senior executive at FAW Group Corp, a Chinese partner of Volkswagen AG and Toyota Motor Corp, China's procurator said on Wednesday. The Jilin ... [Published Wards Auto.com - Sep 03 2014]
First reported Sep 01 2014 - Updated Sep 01 2014 - 3 reports

Toyota says August China auto sales up 8.9 percent year-on-year

Toyota this year aims to sell more than 1.1 million vehicles in China. If accomplished, this would see the carmaker surpass annual sales of 1 million vehicles in China for the first time, a target it originally aimed for in 2010. Last year, Toyota sold ... [Published NewsRT.co.uk - Sep 01 2014]
First reported Aug 31 2014 - Updated Aug 31 2014 - 3 reports

China probes another auto executive for graft

BEIJING: China’s anti-graft watchdog has said it is investigating a former senior executive at FAW Group Corp. for corruption, the latest target in a widening probe against the company.State-owned FAW has a joint venture with Volkswagen AG. The joint ... [Published Qatar Peninsula - Aug 31 2014]
First reported Aug 30 2014 - Updated Aug 30 2014 - 3 reports

Former auto executive in graft probe

CHINA’S anti-graft watchdog has said it is investigating a former senior executive of carmaker FAW Group Corp for corruption, the latest target in a widening probe against the company.An Dewu, FAW’s former deputy general manager, is being probed for “suspected ... [Published Shanghai Daily - Aug 30 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

Likely Road Map For Taking Out Former Chinese Regime Leader Jiang Zemin

In February, Chinese media reported on the strategy by which the Chinese regime’s Central Commission for Discipline Inspection (CCDI) is going after corrupt high-level officials called “tigers.” The CCDI follows a methodical routine: it carefully goes ... [Published Epoch Times - Aug 27 2014]
First reported Aug 26 2014 - Updated Aug 27 2014 - 10 reports

VOLKSWAGEN : Corruption probe into VW

BEIJING : The Chinese anti-corruption agency says it is investigating one current and one former manager at Volkswagen's main joint venture in China .The one-sentence statement said the two, identified as Li Wu and Zhou Chun , are suspected of "serious ... [Published 4 Traders - Aug 27 2014]
First reported Aug 26 2014 - Updated Aug 27 2014 - 2 reports

Two executives at carmaker investigated

Prosecutors in Jilin province have placed two senior executives of a joint-venture carmaker under investigation, according to China's top disciplinary watchdog on Tuesday.The Central Commission for Discipline Inspection of the Communist Party of China ... [Published CHINAdaily - Aug 27 2014]

Quotes

"Premium models under the Volkswagen brand will be especially attractive to those who want a superior car but don't want to catch too much attention" said the person, dismissing the long-term impact of the crackdown
"All we know is three people have been under investigation, and we have no other information to disclose at the moment" Qu Zhuo, a staff member with FAW Group's press office, told the Global Times Wednesday
He said enforcement of the antitrust rules would, in fact, make "even more foreign investors, and more foreign products, willing and daring to enter China, because there is a fair competitive environment."
The investigations are "expected to clean up the auto market and safeguard the legal interests of Chinese consumers" the Chinese Association of Automakers , which has assisted the NDRC's campaign, said in a statement last August

More Content

All (87) | News (77) | Reports (0) | Blogs (9) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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Volkswagen Seeks Higher Margins With China-only... [Published Clusterstock - 2 hours ago]
Volkswagen seeks higher margins with China-only... [Published CNBC - 3 hours ago]
Pamodzi, FAW set up black-owned African truck s... [Published Engineering News - Sep 19 2014]
FAW Volkswagen tops in sedan cars in Aug at 134... [Published China Knowledge Online - Sep 18 2014]
Chinese trucks come to AAD [AAD142] [Published Jane's - Sep 18 2014]
Govt investigation of FAW Group expands to 50 e... [Published Global Times - Sep 17 2014]
China Electronic Fuel Injection System Report, ... [Published Reliance Trust - Sep 15 2014]
Toyota Sales Improve, But Honda And Nissan Cont... [Published Guru Focus - Sep 14 2014]
$50 million fine for Audi and Chrysler in China [Published Brisbane Times - Sep 12 2014]
FAW-Volkswagen gets antitrust ticket in central... [Published Namibia Press Agency - Sep 11 2014]
FAW-Volkswagen gets antitrust ticket in central... [Published Individual.com - Sep 11 2014]
China slaps Chrysler, Audi with fines over pric... [Published 4 Traders - Sep 11 2014]
Clariant reinforces exciting potential of plast... [Published Newmaker - Sep 09 2014]
Bharat Forge Exits Impact Automotive To JV Part... [Published Deal Curry - Sep 09 2014]
Bharat Forge sells stake in 50:50 automotive so... [Published VC Circle - Sep 08 2014]
FAW-Volkswagen Aug. homebred auto sales up 10.5... [Published PredictWallStreet - Sep 05 2014]
What latest solutions does Clariant offer to Ch... [Published China Plastic and Rubber Journal - Sep 05 2014]
General Motors says August China auto sales up ... [Published Economic Times - Sep 04 2014]
Mazda's auto sales in China up 24.9% in Aug [Published China Knowledge Online - Sep 04 2014]
China launches criminal case against former FAW... [Published Wards Auto.com - Sep 03 2014]
China launches criminal case against former FAW... [Published Economic Times - Sep 03 2014]
5 officials from Jilin investigated for taking ... [Published Global Times - Sep 03 2014]
Clariant reinforces exciting potential of plast... [Published Noodls - Sep 03 2014]
Former SOE auto exec suspected of corruption [Published China Economic Review - Sep 01 2014]
Toyota says August China auto sales up 8.9 perc... [Published NewsRT.co.uk - Sep 01 2014]
China Electronic Fuel Injection System Industry... [Published Individual.com - Sep 01 2014]
China Electronic Fuel Injection System Industry... [Published WGNT - Sep 01 2014]
Toyota says August China auto sales up 8.9pc y/y [Published Business Recorder - Sep 01 2014]
China Electronic Fuel Injection System Industry... [Published PRWeb - Sep 01 2014]
Toyota says August China auto sales up 8.9 pct y/y [Published Reuters UK - Sep 01 2014]
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Blogs

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Volkswagen Seeks Higher Margins With China-only... [Published Clusterstock - 2 hours ago]
By Samuel Shen and Kazunori Takada SHANGHAI (Reuters) - Volkswagen AG will launch a VW-badged luxury sedan designed solely for China next year in its pursuit of higher margins, said two people with knowledge of the plan, in a move that could put ...
Audi Says Faces Penalty For Anti-competitive Be... [Published Clusterstock - Aug 13 2014]
MUNICH (Reuters) - Volkswagen 's premium auto unit Audi on Wednesday said it would accept a penalty and change management processes at one of its China units after a regional authority said it had discovered violations of anti-monopoly laws. "According ...
Takata airbag recall spreads to China with 42k ... [Published Autoblog - Jul 07 2014]
Filed under: Sedan , China , Recalls , Safety , Mazda The scope of the problem with the faulty airbag inflators from Takata continues to broaden and is now reaching China, as well. Mazda is recalling 42,732 Mazda6 units there, produced ...
FAW Group outlines aggressive China EV strategy... [Published Green Car Congress - May 03 2014]
During the recent Beijing motor show last, FAW Group outlined its new energy vehicle strategic plan. By 2020 the automaker intends to have 6 new energy vehicle platforms and 16 vehicle models with mass market capability. FAW plans to take a 15% market ...
First production Hongqi L-Series sells at Beiji... [Published Autoblog - Apr 23 2014]
Filed under: Sedan , China , Specialty , Beijing Motor Show , Luxury The Hongqi has arrived, and with it the greater hopes that powerful Chinese will ride in symbols of Chinese power. The Honqi L5 sedan produced by China's FAW Group, first ...
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