According to the list released by World Brand Lab on Jun 25, FAW, with the brand value of 123.675 billion yuan, ranked 8th in 2014 China’s 500 Most Valuable Brands.
WBL, deemed one of the world’s five major brand evaluation organizations, is affiliated to World Executive Institute Limited, currently chaired by 1999 Nobel Prize winner and economist Robert Mundell. The WBL’s panel of distinguished experts and consultants come from some of the world’s leading academic institutes including Harvard University, Yale University, Massachusetts Institute of Technology, Oxford University, and Cambridge University. Research findings by WBL are highly recognized by multinational companies for valuing intangible assets. WBL has participated in the "Top 500 Most Valuable Chinese Brands" ranking since its inception.
FAW Group is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed one million units.