# Jifeng Auto Parts wins USD 802M seat supply deal with FAW-Volkswagen

Jifeng Auto Parts has secured a contract from FAW-Volkswagen to supply seats for the Tayron compact crossover, with total revenue estimated at CNY 5.7 billion (USD 802 million). The supply will start in November 2024 and last eight years.

- Type: Contract
- Announced: 2023-06-02
- Where: Harbin, China, China
- Value: $802.0M (5.70B CNY)
- Status: announced
- Products: automotive seats
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Jifeng Auto Parts](https://endata.com/companies/68894.md)
- [FAW-Volkswagen](https://endata.com/companies/27836.md) (customer)

## Sources

- [exame.com](https://exame.com/mundo/jifeng-e-faw-volkswagen-fecham-acordo-para-producao-de-assentos-no-valor-de-us-802-milhoes/), 2023-06-02: "A unidade da Jifeng em Harbin será responsável pelo fornecimento à FAW-Volkswagen durante um período de oito anos, a partir de novembro do próximo ano."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.