(Reporter Youjia) On the 17th, FAW Bus (Chengdu) Co., Ltd. was established in Chengdu. As a result, FAW Bus has formed four production bases for passenger cars and passenger cars in Changchun, Dalian, Wuxi and Chengdu. Chuanjun brand “Huaxi†and “Chuanma†have also become the main force in the southwest of its campaign.
At the press conference that day, FAW representatives publicly stated that this was the first time that FAW Group had cooperated with private enterprises. It is understood that Chengdu Anda Special Vehicle Co., Ltd., as a marriage partner, accounts for 50% of the shares of FAW Bus (Chengdu) Co., Ltd.
The Huaxi Bus, originally owned by Sichuan FAW Toyota, was also merged into FAW Bus (Chengdu) Co., Ltd.
"FAW Bus has a large scale of resources, but vehicle products and brands are not well-known in the field of passenger cars." Gao Chungchun, general manager of FAW Bus Co., Ltd. and chairman of Chengdu, frankly stated that the advantages of FAW Buses have yet to be developed. According to the reporter’s understanding, the current domestic passenger car industry is dominated by Yutong, Jinlong and other private enterprises. The FAW Bus is known only by the second-largest passenger car chassis in China, and its entire vehicle product ranks only 16th in the country. Gao Changchun said that through the improvement of the layout, FAW Bus plans to reach the 5th in the country in 2006 and rush into the top 3 in the country in 3-5 years. With such appetite, at such speed, it is clear that FAW is ready to work hard in the field of passenger cars.