FAW-VW Automobile

一汽-大众
Type Joint venture
Industry Automotive industry
Founded 1991
Headquarters Changchun, Jilin, China
Area served China
Products Cars/Automobiles, engines, transmissions
Parent 60%: First Automobile Works
20%: Volkswagen AG
10%: Audi AG
10%: Volkswagen (China) Invest
Website FAW-Volkswagen

FAW-Volkswagen Automotive Company (一汽-大众) was founded on 6th February 1991, is a Chinese joint venture between the First Automobile Works (FAW) and Volkswagen Group, creating FAW-Volkswagen Automotive Company, informally abbreviated to FAW-VW.[1] Equity holdings are split as follows: Volkswagen AG with 20%, Audi AG has 10%, Volkswagen (China) Invest 10%, and FAW has the remaining 60%.

The headquarter of FAW-VW, which consists of two car plants is located in the south-western fringes of Changchun, Jilin Province, the third car plant has been built in Chengdu, Sichuan Province, the forth car plant will be built in Foshan, Guangdong Province. FAW-VW is capable of producing the cars based on the platforms of PQ34, PQ35, PQ46 and Audis.

Regarding to the annual production level, FAW-VW announced that the year-on-year production volume exceeded 513,000 units as of 31.07.2009.[2] In 2011, FAW-VW is aiming to sell over 1,000,000 cars.

Contents

History

On November 20th 1990, the official contract of an annual capacity of 150,000 cars for the joint venture between FAW Group and Volkswagen AG was signed by Geng Zhaojie (耿昭杰), President of FAW and Dr.Carl Hahn, CEO of Volkswagen AG in the Great Hall of the People, Beijing. [3] All of the facilities in the first car plant, including the body shop, paint shop and assembly shop came together from the abandoned factory of VW's in Westmorland, USA. The company started its business officially on September 1st, 1992.[3]

On December 5th 1991, the first Volkswagen Jetta Mk2 rolled off the line. Two years later, on February 7th 1993, the 10,000th car rolled off the line.[3]

In 1995 FAW Group, Volkswagen AG and Audi AG decided to integrate Audi to the product line of the joint venture's, the equity holdings were also changed with 60% for FAW, 30% for VW and 10% Audi.[3]

On May 20th 1996, the first Audi 200 rolled off the line.[3]

On July 10th 1996, the engine shop started running.[3]

By July 1996, the company was capable of producing 150,000 cars, 270,000 engines and 180,000 gearboxes in one year.[3]

In 1997 FAW-Volkswagen Sales Company Ltd. was established as a joint venture between FAW-VW and FAW Group with the equity holdings of 50% for each, it was a smart idea of avoiding the Germans to take control of the sales department under the policy of the governing body then. By 2002 FAW-VW took the majority of the equities back from FAW Group.

In 1998 Jetta King became the first car ever equipped with ABS system in Chinese A-class market.[3]

In 1999 Jetta was registered in FIA Group N categary, it entered a lot of Rally events in China with FRD Sport and Qingyang Racing from late 1990s to early 2000s.

In 2002 Jetta became the first mass production passenger car ever to equip a diesel engine in China.

On January 7th 2004, the 1,000,000 car (a Bora A4) rolled off the line.[3]

On December 7th 2004, car plant 2 started running.[3]

On August 4th 2009, the 3,000,000 car (a Golf A6) rolled off the line in car plant 2.[3]

In 2010 FAW-VW has sold over 1,000,000 Audis (including imported cars) in China. With the celebration, a sculpture named 'Ode to Audi' from Gerry Judah was set at the entry of the company.[3][4]

According to the policy from Chinese government, that forgien auto manufactures should develop domestic brands with their local partners, FAW-VW revealed its own brand 'Kaili (开利)' on May 2011.[5]

On August 15th 2011, FAW-VW celebrated its 20th anniversary with its five millionth car (a Magotan B7L).[6]

Leadership

FAW-Volkswagen Automotive CO., LTD.
From To Person
1991 January 1st 1996 Lin Ganwei (林敢为)[3]
January 1st 1996 January 1st 2002 Lu Linkui (陆林奎)[3]
January 1st 2002 January 1st 2006 Qin Huanming (秦焕明)[3]
January 1st 2006 present An Tiecheng (安铁成)[3]

Products

Automobile production started in 1991, and the current manufactured range includes:

Former models:

Current powertrain range:

Sales

The following figures including VWs and Audis made by FAW-VW:

Year 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Annual Sales - 7,617 12,500 7,179 18,649 25,441 38,586 62,452 78,755 111,049 130,761 207,858 298,006 300,118 277,527 351,347 455,654 490,965 682,374 858,697

See also

References

External links