A special team from the 205-member Central Committee, the party’s nexus of national power, investigated the automaker from July 29 to August 29. It informed FAW Group executives about problems it found on October 29.
The CDIC’s notice also said that FAW Group executives were found to be engaging in corrupt practices in the sales sector. Company leaders illegally owned or held shares in dealerships, and some helped relatives do business with the automaker.
A person with knowledge of the matter said a company that wanted to open a dealership had to pay an executive at FAW Group a bribe of 2 million yuan.