AutoBeta(AutoBeta.net)03/09 Report--

Since Xu Liuping was transferred to chairman of FAW Group in August 2017, FAW has carried out unprecedented reforms, and soon after that, FAW set up new Pentium Enterprise headquarters, Red Flag Business Department and Liberation Division under the Group. Now FAW Group has carried out structural reform, and the liberation enterprise headquarters and Pentium cause headquarters have been abolished.

FAW Group recently issued an internal circular document announcing the abolition of the liberation and Pentium enterprise headquarters, and the headquarters will directly manage the Liberation Company, the car Company and FAW General Motors.

After Xu Liuping takes office, FAW will set up a new Pentium business headquarters under the group in order to strengthen its independent business. All FAW Group's independent passenger car business, including FAW cars, FAW Jilin and FAW Xiali, will be integrated into the management of Pentium Business headquarters. In the independent commercial vehicle sector, FAW Group has also added a new Liberation Division, which unifies FAW Jiefang, FAW bus and FAW GM into the management of the headquarters of the Liberation Division.

The headquarters of the liberation cause and the Pentium cause were abolished two years after they were established, but the reason for the FAW Group has not been clarified.

Under Xu Liuping's drastic reform, FAW Group has undergone earth-shaking changes in personnel and structure, and there is also an upward trend in sales. In 2018, FAW Group vehicle sales reached 3418366 units, breaking the 3.4 million mark, an increase of 2.2% over the same period last year. FAW Pentium brand annual sales of 268000 vehicles, an increase of 11.9%, while in the field of commercial vehicles The Jiefang brand still shows a strong system capability, achieving a growth rate of 7.5% and annual sales of 333000 vehicles.

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