executive at Volkswagen's China joint venture with FAW Group was sentenced to life in prison for accepting ..... development in corruption investigations involving FAW . Shi, former deputy general manager of FAW -Volkswagen Sales Co., was convicted for taking
prosper in China's competitive sedan market, which is dominated by entries such as the Volkswagen Magotan, Hyundai Sonata and FAW Besturn B90. But given the design expertise and technology strength that Geely has borrowed from Volvo, the GC9 should have
Starbucks have all been subjects of CCTV 3.15 exposes in the past. China is the world's largest auto market, and Volkswagen, through its joint ventures with SAIC Motor Corp. and FAW Group, was the country's top selling automaker in 2014.
Xu Jianyi, the chairman of China's FAW Group Corp., which makes cars with Volkswagen ..... in a statement on its website Sunday. An FAW spokeswoman, who asked not to be named ..... matter. The executive, who also served as FAW 's internal Communist Party chief, is
Xu Jianyi, chairman of China FAW Group Corp., is being investigated for ..... automotive career in 1975, when he joined FAW . He spent his entire career there, aside ..... stint with the government of Jilin, where FAW is headquartered. He was named chairman
top foreign automaker in China, where it builds cars for its main VW brand and the Audi and Skoda marques with local partners FAW Car Co. and SAIC Motor Corp. The country is VW's largest sales region, accounting for a third of global deliveries. In
2014 and 2017 and build more plants to ramp up its manufacturing capacity. GM makes vehicles in China in partnership with China FAW Group Corp and SAIC Motor Corp. That follows a 13 percent rise in December and a 2 percent gain in November. Ford has said
backed auto dealers group. The payments to dealers for FAW -Toyota will be made in three installments, according ..... referred questions to the joint venture company, FAW -Toyota. Phone calls to FAW -Toyota's offices went unanswered. Retailers are
s official Xinhua news agency, citing the country's quality watchdog, reported that Volkswagen's local joint venture, FAW -Volkswagen Automotive Co. Ltd., will begin the recall on March 20, affecting various Audi A4, A5, A6, A7 and Q7 models
been reported, Achim Schneider, a Porsche spokesman, said by phone. The Chinese regulator also issued a recall for 51,911 FAW -Volkswagen and Volkswagen vehicles for the same fault as in the Porsche models. Volkswagen is recalling 185 Touareg SUVs in
customers including Shanghai Volkswagen Automotive Co., the local venture of the top-selling foreign carmaker in China, and FAW Car Co., an arm of the nation's oldest automobile manufacturer. It also supplies parts for a global General Motors program
ventures could abandon the brand, according to the China Automobile Dealers Association. Among the 523 distributors in the FAW -Toyota Motor Sales Co. group, 95 percent are losing money, with some dealers stopping sales or shutting down altogether
October. GM has said it plans to invest $12 billion in China between 2014 and 2017 and build five more plants to ramp up its manufacturing capacity. GM makes vehicles in China in partnership with China FAW Group Corp. and SAIC Motor Corp Ltd.
cars in July and August as inventories rose. Some dealers for FAW -Toyota Motor Sales Co., the sales company of one of Toyota's Chinese joint ventures, may have to stop selling FAW -Toyotas or shut down because of losses, the China Automobile
said. Among the 523 distributors in the FAW -Toyota Motor Sales Co. group, 95 percent ..... Some dealers may have to stop selling FAW -Toyotas or shut altogether because of ..... backed dealer's group sent a letter to FAW -Toyota on Friday seeking about 2.2 billion
s anti-corruption taskforce targeted China FAW Group Corp., China's oldest state-owned automaker. A former vice chairman of FAW and five executives at the sales company of FAW 's joint venture with Volkswagen Group were
But allegations of rampant bribery at China FAW Group Corp.'s joint venture with Volkswagen ..... make money from their own operations. Tianjin FAW Xiali Automobile Co., the small-car unit of FAW Group, reported a major financial loss this
growth could strengthen the Chinese government's hand when it comes to VW's attempts to negotiate increasing in its 40 percent stake in the FAW -Volkswagen JV to parity andndash; talks that have stalled, according to reports from Reuters.
to Chinese media. Lu is an employee of FAW -Volkswagen Automotive Co.'s sales company ..... imported Volkswagen and Audi cars in China. FAW -VW is a 40-60 joint venture between Volkswagen Group and China FAW Group Corp. Lu is the sixth Chinese executive
stake to 50 percent in its joint venture with Chinese partner FAW Group Corp could take time. "This is a process which is not ..... was "just preparing" and had not started negotiations with FAW . Company sources told Reuters last week that Volkswagen's