FAW-Volkswagen Automobile Co., Ltd. is a large-scale automobile manufacturer jointly invested by FAW Group and Volkswagen Company, with FAW Group accounting for 60% and Volkswagen Company accounting for 40%. Among them, German Volkswagen holds 20%, Audi holds 10% and Volkswagen (China) Investment Co., Ltd. holds 10%.
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Volkswagen is an automobile manufacturing company headquartered in Wolfsburg, Germany, and is the core enterprise of Volkswagen Group, one of the four largest automobile manufacturers in the world. The whole automobile group produced and sold more than 9.07 million vehicles in 20 12, and the Volkswagen brand exceeded 5.74 million vehicles.
FAW-Volkswagen Automobile Co., Ltd. (hereinafter referred to as FAW-Volkswagen) was established on February 6, 199 1. It is a large-scale passenger car manufacturer jointly operated by China FAW Group, Volkswagen, Audi and Volkswagen (China) Investment Co., Ltd., and it is the first modern passenger car industrial base in China.
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