OREANDA-NEWS. July 10, 2012. World Brand Laboratory (WBL), one of global top 5 brands evaluating institutions, released the annual evaluation of "2012 Top 500 Worthiness Brands in China", reported the press-centre of FAW.

FAW ranks first among automotive manufactures and 9th overall with the brand value of 98.287 billion yuan, up 14.021 billion yuan compared with last year. FAW's Jiefang brand values 18.026 billion yuan, ranks 7th among automotive manufactures and 62th overall; Hongqi brand values 17.562 billion yuan, ranks 8th among automotive manufactures and 71th overall.

FAW Group is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is the oldest and largest automotive group in China. Annual sales exceed one million units.