FAW Jilin
FAW Jilin (一汽吉林) is a subsidiary of the First Automobile Works and a maker of mini vehicles, small trucks and vans that see commercial use. It is located in Jilin City, Jilin province, China.
| Founded | 1980 |
|---|---|
| Headquarters | Jilin City, China |
Area served | China |
| Parent | Shandong Baoya Group (70.5%) FAW Group (29.5%) |
| Website | www |
Founded in 1980, FAW purchased Jilin in 1987. Since October 2005, it was in a joint venture with Daihatsu Motor Co. of Japan, but this was dissolved in January 2010. Jilin retains production rights to the vehicles built and also retains the production facilities.
In 2019, Shandong Baoya New Energy Automotive Co., Ltd. (Baoya New Energy) has acquired a 70.5% equity stake in FAW Jilin for ¥1.5 billion. Following this capital increase and expansion of shares, FAW Group's equity in FAW Jilin has been diluted from 100% to 29.50%.
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