C569 Intentionally Misleading(2)
Mazda holds a 40% direct stake in FAW Mazda, while FAW Group directly holds 4% and indirectly controls 56% through FAW Car Company.
In the past, the only joint venture cars available domestically were from Volkswagen, which began collaborating in the 1980s. Other brands like Toyota, Honda, and Nissan didn't enter the joint venture market until around 2000
