what's the difference between faw-Volkswagen and SAIC-Volkswagen? faw-Volkswagen and SAIC-Volkswagen are two completely different joint venture brands. It can be said that they are different except for the trademarks of the public. 1. Company structure and shareholding ratio: FAW-Volkswagen is a joint venture between FAW Group and Volkswagen AG. At the beginning, FAW held 6% of the shares and Volkswagen AG held 4%. On December 18th, 1995, the share ratio structure became 6% for FAW, 3% for Volkswagen and 1% for Audi. SAIC Volkswagen is a joint venture between SAIC and Volkswagen, and SAIC and Volkswagen each hold 5% of the shares. 2. Date of establishment: FAW-Volkswagen was established in 1991. SAIC Volkswagen was founded in 1985. 3. Its models: SAIC Volkswagen: Santana, LaVida, Passat, Tuyue, Tiguan L, Ling Du, Huian, POLO, Tiguan, etc. FAW-Volkswagen: Tan Yue, Jetta, Magotan, Ge Tan, Sagitar, Bora, CC, Golf, etc. 4. The early representative of SAIC Volkswagen was Santana, and the representative of FAW Volkswagen was Jetta. SAIC Volkswagen, the full name of SAIC Volkswagen Co., Ltd., is a Sino-German joint venture jointly operated by SAIC and Audi Co., Ltd. FAW-Volkswagen, the full name of FAW-Volkswagen Automobile Co., Ltd., is a large passenger car manufacturer jointly operated by China FAW, Volkswagen AG, Audi AG and Volkswagen (China) Investment Co., Ltd.
million car purchase subsidy