China's largest auto maker eyes listing abroad

Newswire

BEIJING, Nov 23 (Reuters) - First Automotive Works (FAW), China's largest vehicle maker and partner of Volkswagen A.G. , is interested in listing abroad within the next five years, its top executive said on Wednesday. FAW, which also has partnerships with Mazda Motor Corp. and Toyota Motor Co. , would join rival Shanghai Automotive in seeking to raise funds on the global market. "We would be interested, but we have to make sure the timing is appropriate," FAW chief executive Zhu Yanfeng ...

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