Wikipedia
FAW-Volkswagen Automobile Co., Ltd. (FAW-VW) is a joint venture between FAW Group and Volkswagen Group which manufactures Audi and Volkswagen marque passenger cars for sale in China. Ownership of the company is: FAW – 51%, Volkswagen AG – 20%, Audi AG – 10%, and Volkswagen (China) Invest – 19%. FAW-VW was founded on 6 February 1991.
FAW-VW is headquartered in the south-western fringes of Changchun, Jilin Province, where it also has two vehicle assembly plants. It has an additional assembly plant in Chengdu, Sichuan Province, and a fourth plant is under construction in Foshan, Guangdong Province. FAW-VW is capable of producing the cars based on the platforms of PQ34, PQ35, PQ46 and Audis.
FAW-VW's year-on-year production volume exceeded 513,000 units as of 31.07.2009. In 2011, FAW-VW sold just over 1,000,000 automobiles.