Tianjin FAW-Toyota Motor Co., Ltd.
With business started in 2002, FAW-Toyota was jointly built by China FAW Corporation and Toyota Motor Corporation of Japan. At present, FAW-Toyota, with more than 20,000 employees, has successfully completed the system integration and formed a large-scale passenger car enterprise cluster composed of three whole vehicle production bases, two engine production bases, one R&D center, one sales company, and one logistics company. Up to the end of 2019, FAW-Toyota won the trust of nearly 7.7 million users and families, and its cumulative sales revenue exceeded RMB 1,100 billion. In the future, FAW-Toyota will follow the five major strategies of “TNGA, new energy, intelligent network connection, mobile travel, and system structure reform”, and strive to become a joint venture recognized by the Chinese society and favored by Chinese users.