Zuma to launch R600m automotive project in Port Elizabeth
President Jacob Zuma is expected to launch a R600 million automotive project at the COEGA Industrial Development Zone in Port Elizabeth today. The project is led by First Automotive Works, a Chinese company which manufactures both heavy commercial and light passenger vehicles.
About First Automotive Works
China FAW Group Corp., Ltd. (First Automotive Works) is a Chinese central state-owned automobile manufacturer headquartered in Changchun, Jilin. Founded on 15 July 1953, it is currently the second largest of the "Big Four" state-owned car manufacturers of China, together with SAIC Motor, Dongfeng Motor Corporation and Changan Automobile. The company produces and sells vehicles under its own branding, such as Hongqi, Bestune (Benteng) as well as under foreign-branded joint ventures such as FAW-To...
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