Brand Value of FAW Jiefang Reached 131.845 Billion Yuan in 2024
On June 19, the 21st World Brand Conference was held in Beijing. During the event, the World Brand Lab released its 2024 analysis report titled "China's 500 Most Valuable Brands". China FAW Group's brand value for 2024 reached 460.549 billion yuan, securing its position as the top brand in the automotive industry for the 21st consecutive year on the China’s 500 Most Valuable Brands list.
FAW's two major independent brands also achieved remarkable rankings. The brand value of "Hongqi" for 2024 reached 128.237 billion yuan, ranking first in the passenger car segment. "Jiefang" attained a brand value of 131.845 billion yuan, ranking 59th on the list and leading the commercial vehicle industry for the 13th consecutive year. The brand values of FAW "Hongqi", and "Jiefang" have both seen continuous growth for five consecutive years.
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