FAW

China's corruption watchdog investigates execs at Volkswagen JV

Aug. 26, 2014 12:51 CET
China's corruption watchdog says it is investigating one former and one current executive at VW Group's Chinese venture, FAW-Volkswagen Automotive, for "seriously violating the law."...
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China to fine Audi 30 million euros for breaking monopoly law, paper says

Aug. 14, 2014 11:03 CET
China will fine Audi about 250 million yuan (30.4 million euros) for violating anti-monopoly laws, the 21st Century Business Herald, an influential business daily, reported on Thursday....
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Audi will 'accept penalty' in China anti-monopoly probe

Aug. 12, 2014 10:57 CET
Audi will accept punishment from Chinese authorities for breaching anti-monopoly laws in the world's largest car market, according to a statement from the automaker....
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VW may raise stake in FAW Chinese joint venture

Aug. 1, 2014 12:15 CET
VW's CFO Hans Dieter Poetsch said the automaker's only likely acquisition is a possible increase of its stake in its FAW Chinese joint venture and not a takeover of Fiat or truckmaker Paccar....
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VW to invest 2 billion euros to build new China plants

July 7, 2014 10:50 CET
VW says it will invest 2 billion euros ($2.7 billion) to construct two new vehicle plants in China. The move is part of a wider plan by the carmaker to invest 18.2 billion euros in its No. 1 market through 2018....
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VW to build plug-in hybrids with partner FAW in China, sources say

April 4, 2014 09:33 CET
VW Group plans to make plug-in hybrids with local partner FAW in China, company sources say. VW sees a big potential market as the country's leaders race to reduce hazardous levels of air pollution....
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Beijing Auto looking to acquire a brand in Europe or U.S

April 3, 2014 08:21 CET
Beijing Automotive said it wants to buy a "mid- to high-end brand" in Europe or the United States to boost its global presence and it already has candidates in mind....
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GM has record China sales in 2013

6:33 am U.S. ET | Jan. 7, 2014
General Motors Co. and its Chinese joint ventures sold a record 3.16 million vehicles in China in 2013, an 11 percent increase from a year earlier, the U.S. automaker said today....
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YANG JIAN

Beijing to automakers: Maintain the status quo

12:01 am U.S. ET | Nov. 18, 2013
Every five years the central committee of the Chinese Communist Party convenes to set social and economic policy goals for the country....
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HANS GREIMEL

FAW's folly? Why a plant in N. Korea?

12:01 am U.S. ET | Sept. 9, 2013
There is no shortage of strange news from North Korea. Only a shortage of electricity, food, skilled labor, education and basic human rights. And that makes Chinese carmaker FAW's plan to build an auto assembly plant in the impoverished country very strange....
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HANS GREIMEL

Why a North Korean car plant faces grim realities

12:08 pm U.S. ET | Sept. 4, 2013
There is no shortage of strange news from North Korea, the world’s only hereditary communist regime. Only a shortage of electricity, food, skilled labor, education and basic human rights. And that makes FAW Group's reported North Korean auto plant all the more remarkable....
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