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FAW is China FAW Group Corp., the parent of FAW Jilin Automobile Co., a joint venture formed with Daihatsu to manufacture and market compact cars.
The joint venture launched the Xenia compact car under the Daihatsu brand in June 2007 but sales were only 5,100 units in 2008 because the brand is not well known.
Daihatsu said it agreed with FAW Jilin Automobile and FAW on June 30 to change the brand while continuing the technology licensing agreement for the joint venture and their cooperative relationship.
Daihatsu, an Osaka-based carmaker, has been enhancing production and marketing operations in Japan, Indonesia and Malaysia while reviewing business operations in other markets.
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