FAW Car Company Limited (一汽轿车股份有限公司)
FAW Car Company Limited is a major state-owned Chinese auto manufacturer operating predominately in China with sales of around 3 million vehicles in 2017. Its market capitalisation was nearly US$3 billion the same year. The company is well known for its range of passenger vehicle models, including the D80 SUV and the small V2 hatchback.
- Ranking position
- #17 /25
- Total score
- 7.0 /20
- Narrative Score
- ABCDE
- Trend Score
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- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
Risks and opportunities
Trend
FAW is awarded a trend score of =. If FAW were reassessed in the near term, its score would most likely remain the same. This is primarily due to the company’s increasing share of sales from low-carbon vehicles and decreasing fleet emissions under the company’s ‘new energy’ vehicle strategy. However, in the long term, FAW’s overall decarbonisation progress is at risk of worsening due to its slow movement on establishing a clear low-carbon transition plan that includes emissions reduction targets.
Progress towards the Paris Agreement
More about the company
- Headquarters
- Changchun, Jilin, China
- Ownership structure
- State-owned
- Group revenue (2017)
- US$69.5 billion
- Number of vehicles sold (2017)
- ~3 million light duty passenger vehicles
- Market capitalisation (2017)
- US$2.9 billion
- Website
- https://www.faw.com