China's 500 Most Valuable Brands in 2015 released by World Brand Lab (WBL) on June 16, that shows three brands (FAW, Jiefang, and Hongqi) of FAW Group Corporation ranking the 9th, 63rd and 69th respectively.
The brand value of FAW reaches 136.279 bilion yuan, up 12.604 billion yuan over the last year; the brand value of Jiefang and Hongqi reach 39.285 billion yuan and 33.675 billion yuan, up 5.857 billion yuan and 7.003 billion yuan year-on-year.
The brand FAW also takes the top spot in China’s automotive industry brands for the 12th consecutive years. Jeifang and Hongqi brands take the 7th and 8th places respectively in China’s automotive industry.
The WBL is an international and professional research institute. Robert Mundell, the winner of Nobel Prize in Economic Science in 1999 and the Father of Euro, is the chairman and the experts and advisors are all from famous universities such as Harvard University, Yale University, MIT, University of Oxford, University of Cambridge.
FAW Group is a leading global manufacturer of quality passenger cars, commercial trucks, and buses. Established in 1953, the company is China's oldest and largest automotive group. Annual sales exceed two million units.