FAW Car

FAW Car Company Limited is a passenger-car subsidiary of FAW Group, the state-owned automaker headquartered in Changchun, Jilin, China. The company has been listed on the Shenzhen Stock Exchange since 1997, making it one of the earlier Chinese automakers to reach the domestic capital markets. Its business is focused on the development, manufacture and sale of passenger vehicles for the Chinese market, and its portfolio of marques includes Hongqi, Bestune, FAW and Oley. The marques span different positions in the Chinese market. Hongqi is the group's long-established premium and official-car nameplate, Bestune is a mainstream passenger-car brand aimed at private buyers, FAW serves as a volume brand, and Oley was introduced as an entry-level offering. Because FAW Car is a listed subsidiary, its operations sit within the wider FAW Group structure, which also includes commercial-vehicle and joint-venture activities. FAW Car's identity is therefore closely tied to its parent: it is the listed passenger-car arm through which FAW Group participates in China's highly competitive sedan, SUV and MPV segments. The company's shares trade on the Shenzhen Stock Exchange, and its registered and operational base remains Changchun, the historic centre of China's automotive industry.

FAW Car developed as a passenger-vehicle company within China FAW Group Corporation, the large Chinese automotive group headquartered in Changchun, Jilin. The available reference material identifies FAW Car Company Limited as a FAW subsidiary and places its operations in the passenger-car sector. Unlike the better-known consumer marques associated with it, FAW Car functioned primarily as a corporate and listed-company platform supporting FAW's passenger-vehicle business. A documented turning point in the company's corporate history was its listing on the Shenzhen Stock Exchange in 1997. The listing gave the passenger-car operation a separately traded corporate presence while it remained connected to the wider FAW group. The available material does not establish the exact founding date, original capital structure, or the full sequence of corporate reorganizations before and after the listing. Over time, FAW Car's passenger-vehicle portfolio was associated with several marques. Hongqi carried FAW's historic premium and national-automotive identity. Bestune represented a mainstream passenger-car line, while the FAW and Oley names were also used for passenger vehicles. These brands and marque families indicate that the company served multiple segments rather than concentrating on one narrowly defined model category. In practice, customers generally encountered the individual marque and model names, whereas FAW Car was the corporate entity behind part of the group's passenger-car activity. The company was headquartered in Changchun, a major center of FAW's industrial and engineering operations. Its principal market was China, and the reference material does not substantiate a separate international retail footprint. No verified executive roster, detailed production history, model-by-model chronology, campaign record, scandal record, or financial series is supplied in the source material available for this dossier. The current legal and operating status also requires confirmation from an up-to-date corporate or exchange record; therefore it is recorded as unknown rather than inferred from the historical Wikipedia description.

• 1997

  Shenzhen Stock Exchange listing

  [1]FAW Caren.wikipedia.org

  FAW Car Company Limited was listed on the Shenzhen Stock Exchange, establishing a separately traded public-company presence within the China FAW Group structure.

A FAW Group passenger-car operating and corporate platform spanning premium, mainstream, and value-oriented vehicle marques in the Chinese market.

• Premium passenger vehicles

  Hongqi

  Hongqi is FAW's historic premium passenger-vehicle marque and one of the principal brands associated with FAW Car's passenger-car portfolio. Its role within the portfolio was to represent higher-status vehicles linked to FAW's long-standing Chinese automotive heritage. The available source identifies the marque as part of FAW Car's passenger-car offering but does not provide a complete model chronology or product specification history.

• Mainstream passenger vehicles

  Bestune

  Bestune was a mainstream passenger-vehicle marque associated with FAW Car. It broadened the company's consumer-facing portfolio beyond the premium positioning of Hongqi and represented FAW's effort to serve ordinary family and general passenger-car demand. The available reference confirms the marque's association with FAW Car but does not specify a complete range, launch chronology, or current product status.

• Passenger vehicles

  FAW

  The FAW name was used for passenger-car products within the company's broader portfolio. As a group-linked marque, it connected individual passenger vehicles directly with the FAW corporate identity rather than relying solely on a separate consumer brand. The source material does not identify the specific models sold under this name or establish whether the marque remains in use.

• Passenger vehicles

  Oley

  Oley was another passenger-car marque included in descriptions of FAW Car's brand portfolio. Its presence indicates that the company operated across more than one market position and used distinct marques for different customer groups. The available reference confirms the association but supplies no verified information about its models, markets beyond China, launch date, or present status.

• 2015

  Atenza parking-brake defect recall and FAW executive corruption

  In 2017 FAW Car recalled 80,235 domestically built Atenza vehicles because poor sealing of the parking brake caliper dust boot could cause brake failure and the car to roll; in 2015 FAW Group chairman Xu Jianyi was expelled from the Party and dismissed from public office and transferred to judicial authorities on suspicion of bribery. Recall repairs; Xu Jianyi was sentenced.

  Source

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• 2020.04.07

  Reported2020.04.07

  FAW Car announces proposed company name change[4]一汽轿车宣布拟更名为一汽解放finance.sina.com.cn

  FAW Car announced that its board had approved a proposal to change the company's Chinese name from FAW Car Co., Ltd. to FAW Jiefang Group Co., Ltd. and its securities short name from FAW Car to FAW Jiefang; the securities code would remain unchanged. The proposed change was not reported as completed.

• Unconfirmed

  Reported2020.03.26

  FAW Car completes asset restructuring involving FAW Jiefang[5]一汽轿车完成涉及一汽解放的资产重组finance.sina.com.cn

  After registration changes were completed for the equity transfers involved in the transaction, FAW Jiefang became a wholly owned subsidiary of the listed company, while FAW Bestune Automobile became a wholly owned subsidiary of FAW Group.

• 2020.03.19

  Reported2020.03.25

  FAW Car completes asset swap with FAW Jiefang[6]一汽轿车完成与一汽解放的资产置换finance.sina.com.cn

  FAW Car completed the registration procedures for the ownership transfers involved in its asset restructuring. FAW Jiefang became a wholly owned subsidiary of the listed company, while the company known as Car Limited became a wholly owned subsidiary of FAW Group.

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1. 1FAW Caren.wikipedia.org
2. 2Atenza parking-brake defect recall and FAW executive corruptionnews.cnr.cn
3. 3Atenza parking-brake defect recall and FAW executive corruptionxinhuanet.com
4. 4一汽轿车宣布拟更名为一汽解放finance.sina.com.cn
5. 5一汽轿车完成涉及一汽解放的资产重组finance.sina.com.cn
6. 6一汽轿车完成与一汽解放的资产置换finance.sina.com.cn
7. 7一汽轿车正式更名为一汽解放 注册资本增加近30亿元 奚国华卸任法定代表人finance.sina.com.cn