FARO Provides Crucial Ancillary Support to FAW-Volkswagen

Founded in 1991, FAW-Volkswagen Automotive Co., Ltd (FAW-VW) is a Chinese joint venture between FAW Group Corporation and the Volkswagen Group. The company is headquartered in Changchun, Jilin, and it has a registered capital of RMB 7.81billion (US$1.22 billion). As China’s first modern passenger sedan industrial base of considerable economic scale, FAW-VW produced more than one million vehicles in 2011 alone, with annual sales adding up to more than RMB 170 billion (US$ 26.9 billion). FAW-VW’s sound foundations and strategies