FAW
China FAW Group Corp., Ltd.
FAW Group Corporation, commonly known as First Automobile Works, is one of China’s oldest and most influential state-owned automobile manufacturers. Founded in 1953 and headquartered in Changchun, Jilin Province, FAW Group has been a cornerstone of China’s automotive industry for over seven decades, playing a leading role in the country’s modernization and industrial progress.
Financial Performance
Revenue 2024
R&D Investment
Net Income
Key Technologies
Brands under FAW
2 within the group portfolio
Bestune
Est. 2006
Bestune, formerly known as Besturn, is a mid-to-premium automotive brand under FAW Group Corporation, created to deliver intelligent, stylish, and high-value vehicles for a new generation of drivers. Established in 2006, Bestune represents FAW’s commitment to combining advanced technology, modern design, and refined performance within an accessible, user-centered brand.
Hongqi
Est. 1958
Hongqi, literally “Red Flag”, is the flagship luxury automobile brand under FAW Group Corporation, and one of China’s most iconic automotive names. Established in 1958, Hongqi was originally created to serve as the official vehicle for national leaders and state occasions — symbolizing dignity, craftsmanship, and Chinese excellence. Today, it stands as a modern embodiment of China’s growing strength in global premium mobility.
Awards & Recognition
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