OREANDA-NEWS. July 16, 2012. Fortune Global 500 released the annual ranking at its Chinese website on Jun 9. FAW Group ranked 165th due to the outstanding achievement of annual revenue of USD57.003 billion and profit of USD2.297 billion. The ranking of FAW moved up 32 places from 197th in 2011, reported the press-centre of FAW.

The Fortune Global 500 is a ranking of the top 500 corporations worldwide based on annual revenue.

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.