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Toyota and FAW Restructure their Joint Company's Management Systems with the Aim of Sustainable Growth in China

Toyota and FAW Restructure their Joint Company's Management Systems with the Aim of Sustainable Growth in China


China FAW Group Co., Ltd. (FAW) and Toyota Motor Corporation (Toyota) will restructure their management systems with the aim of achieving sustainable growth in China. As part of the restructuring, Tianjin FAW Toyota Motor Co., Ltd. (TFTM) will become a FAW-Toyota manufacturing and supervising affiliate; all other body and engine manufacturing affiliates will become wholly owned subsidiaries of TFTM.


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