Japan’s leading automaker is understood to be considering merging its Beijing-based sales operations with those based in Tianjin, within its 50%-owned FAW Toyota Motor Company joint venture ...
But the rise of China's auto sector hasn't exactly been a walk in the park for Toyota, either. The world's largest automaker ...
In addition to the closed factory, at least 50 Toyota employees living in the area were injured, and two of the brand's dealers had to close. The automaker's research and design center with FAW ...
FAW becomes the biggest carmaker to support Nio's battery-swapping technology as both aim to set industry standards Nio and ...
In 2023, Stellantis Group acquired a stake in Leapmotor. The two companies launched Leapmotor International in 2024, a joint ...
Toyota already has China FAW Group Co. and Guangzhou Automobile Group Co. as its longtime partners in China, and those will continue unchanged, he said. Toyota said it hopes to contribute to the ...
FAW Group sold almost 3.2 million vehicles globally last year, including its foreign joint ventures with Volkswagen and Toyota and 819,000 units under its own brands. Leapmotor’s global sales ...
Toyota itself already has two joint ventures with FAW and GAC, selling almost 1.8mn vehicles in China in 2024, although that was down 6.9 per cent on the previous year. The new Shanghai factory ...
The company currently has partnerships with state-owned FAW Group and Guangzhou Automobile Group, which produced more than 1.5 million Toyota-branded vehicles combined last year. Toyota also ...
The group owns brands such as Hongqi, Jiefang, and Bestune, and has joint ventures with Volkswagen, Audi, Jetta, and Toyota. With over 70 years of development, FAW has established five major ...