First Automobile Works

FAW Group Corporation (simplified Chinese: 第一汽车集团; traditional Chinese: 第一汽車集團; pinyin: Dìyī Qìchē Jítuán) is a state-owned enterprise with publicly traded subsidiaries: FAW Car Company (SZSE: 000800), Tianjin FAW Xiali Automobile Co Ltd (SZSE: 000927), Changchun FAWAY Automobile Components Co Ltd (SSE: 600742). A maker of automobiles; buses; light, medium, and heavy-duty trucks; and auto parts; FAW became China's first automobile manufacturer when it unveiled the nation's first domestically produced passenger car, the Hong Qi, in 1958. The company is currently one of the "top 4" Chinese automakers along with Chang'an Motors, Dongfeng Motor, and Shanghai Automotive Industry Corporation. As of 2011, its production of more than 2,372,700...