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June 02, 2015 7:41 AM ET

Automobiles

Company Overview of China FAW Group Corporation

Company Overview

China FAW Group Corporation manufactures and sells vehicles. Its products include passenger cars; light, medium, and heavy trucks; coach chassis; municipal transit and intercity, CNG urban, urban, and school buses; luxury tourist coaches; mini vehicles; engines; transmissions; axles; and components. The company serves customers in China and internationally. China FAW Group Corporation was formerly known as First Automotive Works. The company was founded in 1953 and is based in Changchun, China.

No. 3025, Dongfeng Street

Changchun,  130011

China

Founded in 1953

Phone:

86 431 8765 5827

Fax:

86 431 8573 0707

Key Executives for China FAW Group Corporation

Chairman and President
Age: 50
Chief Accountant, Vice President and Member of CPC Standing Committee
Age: 57
Vice President
Age: 60
Vice President, Deputy General Manager and Member of CPC Standing Committee
Age: 54
Vice President and Member of CPC Standing Committee
Age: 58
Compensation as of Fiscal Year 2014.

China FAW Group Corporation Key Developments

Dongfeng Automobile Denies Merger Rumor With FAW Group

Dongfeng Automobile Co., Ltd. (SHSE:600006) has denied that it is in talks with China FAW Group Corporation for a possible merger.

Dongfeng Automobile Reportedly Planning To Merge With China FAW Group

Dongfeng Automobile Co., Ltd. (SHSE:600006) is reportedly planning to merge with China FAW Group Corporation. Dongfeng Automobile applied for suspension of trading its shares from May 5, 2015. Trading of its shares will be resumed after the aforesaid issues are verified and announced.

VW Says No M&A Plans Beyond Talks On Raising China JV Stake

"We are in a process of negotiations with our joint venture partner (FAW), also about the possibility of an increase in our stake. Apart from this, there is nothing else on the table with regard to M&A," said Hans Dieter Poetsch, Chief Financial Officer of Volkswagen AG (XTRA:VOW3).

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