FAW Group will establish a production base in Russia

Currently, FAW Group is fully accelerating the construction of overseas vehicle bases. The Group has completed a draft letter of intent for cooperation with GAZ Group, Russia’s largest commercial vehicle manufacturer, and will invest together to establish a production base within Russia to produce and sell FAW brand medium and heavy trucks. , In 3 years, local production reaches 5,000 to 10,000 vehicles. Earlier, FAW Group has reached an agreement with the Iranian automobile industry management department to jointly develop and produce passenger car products adapted to the Iranian market. The initial target is to produce 50,000 vehicles a year. According to the plan, FAW Group will also build, expand, and remanufacture a number of passenger vehicles, light vehicles, and medium and heavy truck assembly bases in Pakistan, Mexico, Ukraine, Kazakhstan, and Ethiopia.