Haima (car)
Encyclopedia
Haima is the name of a subsidiary of China's First Automobile Works
First Automobile Works
FAW Group Corporation is a state-owned enterprise with publicly traded subsidiaries: FAW Car Company , Tianjin FAW Xiali Automobile Co Ltd , Changchun FAWAY Automobile Components Co Ltd ....

(FAW) conglomerate based on southern the island of Hainan
Hainan
Hainan is the smallest province of the People's Republic of China . Although the province comprises some two hundred islands scattered among three archipelagos off the southern coast, of its land mass is Hainan Island , from which the province takes its name...

. It produces vehicles based on old Mazda
Mazda
is a Japanese automotive manufacturer based in Fuchū, Aki District, Hiroshima Prefecture, Japan.In 2007, Mazda produced almost 1.3 million vehicles for global sales...

 mechanical components.

History

The company started as a joint venture between FAW
First Automobile Works
FAW Group Corporation is a state-owned enterprise with publicly traded subsidiaries: FAW Car Company , Tianjin FAW Xiali Automobile Co Ltd , Changchun FAWAY Automobile Components Co Ltd ....

 and Mazda
Mazda
is a Japanese automotive manufacturer based in Fuchū, Aki District, Hiroshima Prefecture, Japan.In 2007, Mazda produced almost 1.3 million vehicles for global sales...

to produce outdated models from the Japanese automaker for sale in China. The agreement lasted 16 years, from 1990 to 2006
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