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FAW Mazda Division is officially in operation, and the internal management level has been upgraded.

2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)06/02 Report--

FAW Group officially announced that China's FAW Mazda Division will be in operation from June 1. From then on, the work related to the full value chain operation of the Mazda brand will officially belong to the FAW Mazda Division of China, and the cooperative main body of the Mazda brand will also be formally adjusted to China first Automobile Co., Ltd.

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After this move, FAW Mazda is at the same management level as FAW-Volkswagen, FAW Toyota and other companies within FAW Group.

To put it simply, FAW Mazda is now a subsidiary of FAW Group, and is no longer a subsidiary of FAW Pentium car Co., Ltd. In terms of management relationship, FAW Mazda has been upgraded internally.

It is understood that FAW cars and Mazda are limited to technical cooperation and car sales, and the joint venture companies of the two sides do not have vehicle production business. FAW car was first put into production in Changchun FAW car factory by means of technical cooperation in 2003. In order to cooperate with the sales of Mazda 6, FAW and Mazda jointly established FAW Mazda Automobile sales Co., Ltd in 2005, which is a sales company without vehicle production business, while FAW Mazda models are produced by FAW sedans.

Official sources show that after FAW Group adjusted its management relationship with FAW Mazda, the main body of cooperation with Japan's Mazda changed from FAW Pentium car Co., Ltd. to FAW Group. FAW will hold 60% of FAW Mazda Automobile sales Co., Ltd., and Mazda Automobile Co., Ltd. will hold 40% of the joint venture.

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FAW Mazda officially stopped production of four models of Mazda CX-7, Mazda 6, Mazda 8 and Mazda Rui Wing in 2016, and only these two models have been produced and sold after leaving only CX-4 and Atez. In 2018, FAW Mazda sold 108436 units, down 12.3% from the same period last year; in 2019, FAW Mazda sold 91416 units, down 16.5% from the same period last year.

From January to April 2020, FAW Mazda sold 21177 units, down 18.74% from the same period last year. So far, FAW Mazda has not caused news of new cars, and the lack of product line makes it difficult for the brand to move forward.

However, the upgrading of FAW Mazda's management relationship within FAW Group is expected to regain development opportunities for FAW Mazda, especially in terms of the introduction of new models, FAW Mazda has been stagnant for several years. On the contrary, Changan Mazda has introduced new domestic models of CX-8 and CX-30, and has also completed the loading and listing of imported Mazda Chuangchi Blue Sky SKYACTIV-X 2.0L engine in China.

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FAW Mazda is also officially at the same level as FAW-Volkswagen and FAW-Toyota joint venture companies within the group from now on. As for whether the tail mark "FAW Mazda" has been changed, there is no official news for the moment.

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