China FAW Group Corporation · Changchun, Jilin China
Company Description
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China FAW Group pioneered China's auto industry and is still one of the country's leading auto makers. FAW started off as First Automotive Works with assistance from the former Soviet Union in 1956. In its early days the company produced a single model of truck -- it now manufactures a product line that includes light, medium-duty, and heavy-duty trucks; cars; buses; and mini-vehicles. It sells more than 1.5 million vehicles per year. FAW's manufacturing facilities are located throughout China. FAW has more than 25 subsidiaries and a controlling interest in nearly 20 other companies. It operates joint ventures with Volkswagen , Mazda , and Toyota . To read the full description, subscribe now.
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Key China FAW Group Corporation Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $31,864.6 |
| 2008 Employees | 133,000 |
China FAW Group Corporation Executives
11 executives listed for China FAW Group Corporation's Changchun, Jilin location.
| Title | Name & Bio | Contact |
| CEO | Zhu Yanfeng | Network |
| President | Xu Jianyi | Network |
| VP and CFO | Teng Tieji | Network |
Competition
Competitive Landscape for China FAW Group Corporation
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top China FAW Group Corporation Competitors
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