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About FAW

FAW Group Corporation (simplified Chinese: 中国第一汽车集团; traditional Chinese: 中國第一汽車集團; pinyin: Zhōngguó Dìyī Qìchē Jítuán) is China's first automobile manufacturer. FAW is one of the "Big Five" Chinese automobile manufacturers along with Dongfeng Motor Corporation, Shanghai Automotive Industry Corporation, Chang'an Motors, and Chery Automobile. The company was established in 1953 with ranges such as Jiaxing mini MPVs, Xiali saloon cars and Hongqi luxury cars.

History

FAW Group started out in 1953 as First Automobile Works with assistance from ZIL and finished in 1956. During its first 30 years, its major product was Jiefang CA-10 medium truck, the first mass-produced automobile in China based on ZIS-150. A couple of years after the CA-10, they introduced the CA-30 6x6 army truck based on ZIL-157. The next generation of Jiefang truck, CA-141 rolled out in 1988. In 1991, FAW formed joint venture with Volkswagen and began to focus on car manufacture. Since then, it has formed joint ventures with other automobile giants such as Toyota and Mazda. In the same time, FAW maintained its own car brand Hongqi since 1958. Through purchasing and expanding, it has become one of top three automobile manufacturers in China. (The other two are Shanghai Automotive Industry Corporation and Dongfeng Motor Corporation) By 2004, its car sales had passed 1 million units.

Logo interpretation

Symbol

The symbol represents the combination of Chinese word "一汽"(meaning "China FAW Group Corporation") which was transformed visually, Chinese character "一" means "first" and "汽" means "automobile", depicting the visionary of a hawk spreading its wings.

Meaning

FAW flies throughout the vast skies of the world, spreading its wings and soaring high and far into the bright blue sky.

Technology

In 1988, Chrysler sold much of the machining equipment, as well as a license to the design, of their K-car 2.2 L straight-4 engine to FAW.

Hongqi

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Infobox

Six Major Factors that Influence Auto Insurance Rates

No two car insurance rates are the same. From driver to driver, several factors will change how much a policyholder pays for even the same coverage. Here we review the six main components that go into the auto insurance rates recipe.

1. How Much You Drive

Car insurance companies measure rates based on risk. The more miles you drive, the higher the risk you will be in a car accident. You’ll pay more if you drive more. If, on the other hand, you drive fewer than 10,000 miles annually, you may qualify for a low mileage discount from your auto insurer. People who carpool often receive discounts because they drive less frequently.

2. Your Driving History

Being a good driver matters to car insurers. Many insurance companies offer special discounts to good drivers. If you have had a series of accidents or traffic violations, you may pay more for your premium. If you have not carried car insurance in several years, you may also pay more for your policy.

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