FAW South Africa
The China FAW Group Corporation, based in Changchun Province, is China’s oldest and largest vehicle manufacturer and over the last five decades has evolved into one of the world’s leading vehicle producers.
FAW has joint venture operations with many of the world’s leading vehicle manufacturers including Volkswagen, Toyota, GM and Mazda.
FAW’s core vision is ‘total customer satisfaction’ and the company leaves no stone unturned to ensure that it has the best cutting-edge technologies, production methods and management systems to fulfil this vision. Since inception, FAW has produced 16 million vehicles and has consistently been a Fortune 500 company.
In South Africa for 21 years already, FAW SA has established itself as a leader in the local commercial truck market and is planning for significant expansion in 2011 and beyond. It is a company for the times and the brand has become a force to be reckoned with, offering a product range that is tough, reliable and affordable.
SUCCESS ON THE MOVE…
The new state-of-the-art FAW truck and passenger car plant is currently being built at Coega Industrial Development Zone in the Eastern Cape. FAW’s decision to build the plant in South Africa is significant as it is, to date, one of the most important investments made by a Chinese entity in South Africa. The total investment of approximately USD60 million has been financed by FAW China and the China–Africa Development Fund (CAD-Fund).
The first-phase 30 000 m2 plant – complete with training facilities – will allow the company to provide its southern African client base with the first of the commercial vehicles from a plant which has a build capacity of 5 000 units a year. Expected to eventually produce 5 000 trucks per annum, the first vehicles to be assembled in the commercial vehicle plant rolled off the assembly line in July 2014.
FAW prides itself on giving optimum value for money and this, combined with a world class product, has made it one of this country’s champions in the truck industry