1. FAW Toyota was established in June 2000. FAW Group and Toyota Motor Corporation signed a strategic cooperation agreement in the Great Hall of the People, and the two sides jointly set a grand goal of reaching 10% market share in China by 20 10.
2. GAC Toyota Motor Co., Ltd. was established on September, 2004 1 day. Guangzhou Automobile Toyota is a joint venture between Toyota and Guangzhou Automobile Group, with the investment ratio of 50% for Guangzhou Automobile Group, 30.5% for Toyota Motor (China) Investment Co., Ltd. 19.5%, the cooperation period is 30 years, and the registered capital is16.92 million yuan.
3. FAW-Toyota is a joint venture between Toyota and FAW Group, and its capital contribution ratio is 50% for FAW Group, 45% for Toyota Motor and 5% for Toyota Shang Tong Co., Ltd. ..
4. In terms of vehicle types, FAW Toyota has some advantages over GAC Toyota, including Crown, Reiz, Corolla, VIOS, RAV4, Prado and Kauste. GAC Toyota has Camry, Highlander, Zhixuan, Erffa and other models. Among these models, the former brand car Reiz of FAW Toyota has been discontinued, and Crown and Prado are currently in jeopardy. From the perspective of vehicle distribution, FAW is positioned at a relatively high end, while Guangzhou Automobile is relatively more close to the people.
Extended data
Toyota Motor Corporation (Toyota? Automobile Company, referred to as Toyota for short, is a Japanese automobile manufacturing company, headquartered in Toyota City, Aichi Prefecture, Japan and bunkyo-ku, Tokyo, and affiliated to Mitsui chaebol.
20 12 sold 9.73 million vehicles, and 2010/0 million vehicles are expected to be produced in 20 13 years. It is the first automobile factory with an annual output of over10 million. Toyota is also the parent company of Lexus and Subaru brands and the largest shareholder of Fuji Heavy Industries.
20 16 years, ranking 8th in Fortune Global 500. In June+10/October, 5438, Toyota Motor Corporation ranked 5th among the global 100 most valuable brands in 20 16. 20 17 June, WPP and Kantar Millward Brown*** released the list of "BrandZ 2065 438+07 Global Most Valuable Brands 100 Top", and Toyota ranked 30th.
References:
Baidu Encyclopedia-FAW Toyota? Baidu Encyclopedia-GAC Toyota