Collaboration forms a new pattern of joint ventures
In 1953, FAW began as “the eldest son of the republic’s auto industry,” and over the past 70 years, it has continuously served the nation and promoted industrial development. In 2024, China FAW enters a new phase in its joint ventures, further enhancing cooperation with Volkswagen and Toyota. Many groundbreaking achievements have been made, especially in collaboration with FAW-Volkswagen and FAW-Toyota, which continue to develop new models and accelerate digital transformation, focusing on technological innovation and growth.
Source: China FAW “Collaboration Forms a New Pattern of Joint Ventures” (October 1, 2024)
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