FAW-Volkswagen
FAW-VW is headquartered in the south-western fringes of Changchun, Jilin Province, where it also has two vehicle assembly plants.On November 20, 1990, the official contract of an annual capacity of 150,000 cars for the joint venture between FAW Group (First Automotive Works Group) and Volkswagen AG was signed by Geng Zhaojie (耿昭杰), President of FAW and Dr. Carl Hahn, CEO of Volkswagen AG in the Great Hall of the People, Beijing.In 1998 the Jetta King became the first car ever equipped with ABS system in the Chinese A-class market.[3] In 1999 the Jetta was registered in FIA Group N category, it entered a lot of Rally events in China with FRD Sport and Qingyang Racing from the late 1990s to early 2000s.[3][5] According to Chinese government policy, foreign auto manufactures should develop domestic brands with their local partners.