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FAW Group and Volkswagen AG Sign MoU on Complete Vehicles and CKD Parts Import at CIIE 2024

2024-11_07


On November 5, FAW Group Corporation signed an MoU (memorandum of understanding) with Volkswagen AG on importing complete vehicles and auto parts at the seventh China International Import Expo (CIIE), which kicked off on November 5 in Shanghai. Qiu Xiandong, chairman of FAW Group and secretary of the CPC FAW Group Committee, and Ralf Brandstätter, chairman and CEO of Volkswagen China, attended the signing ceremony.

According to the MoU, FAW-Volkswagen will begin importing select parts and complete Audi vehicles from Volkswagen AG in 2025, aiming to enhance the quality of travel experience for Chinese consumers with diverse product lineup. 

FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.

| Editor: Duying
| Initial Review Chen Duohua
| Second Review: Liu Shumei
| Final Review: Li Xiang