FAW Toyota
FAW Toyota Motor Co., Ltd. , previously named Tianjin FAW Toyota Motor Co., Ltd. , is an automobile manufacturing company based in Xiqing District, Tianjin, China. It is a manufacturing and supervising affiliate of the joint venture between FAW Group and Toyota Motor Company, and commonly known as FAW Toyota.
Created in 2003, it is an equally owned joint venture with Toyota. As of 2007, it has one passenger vehicle production base in the Xiqing District of Tianjin and two in the Tianjin Economic and Technological Development Zone. As of 2008, it continues to control three production bases and manufactures several Toyota products including the Corolla and Vios. As of 2008, it had an annual production capacity of 470,000. It had a subsidiary brand called Ranz, but it did not perform as well as other joint venture brands that were mushrooming in the 2010s. In 2022, the company was renamed from Tianjin FAW Toyota to FAW Toyota.