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Changan Automobile Company Limited

Nyongesa Sande by Nyongesa Sande
3 years ago
in Business
Reading Time: 3 mins read
A A
Changan Automobile Company Limited

The company produces and sells vehicles under its own branding (Changan, Oshan, Kaicene) as well as under foreign-branded joint ventures (Changan-Ford and Changan-Mazda). Chang’an Automobile Co., Ltd. is a Chinese state-owned automobile manufacturer headquartered in Jiangbei, Chongqing. Founded in 1862, it is China’s oldest automobile maker. It is currently the smallest of the “Big Four” state-owned car manufacturers of China, namely: SAIC Motor, FAW Group, Dongfeng Motor Corporation, and Changan Automobile, with car sales of 5.37 million, 3.50 million, 3.28 million and 2.30 million in 2021 respectively.

The company produces and sells vehicles under its own branding, such as Changan, Oshan, Kaicene, as well as under foreign-branded joint ventures such as Changan-Ford and Changan-Mazda. In 2021, domestic branded cars took over 76% of sales (1.75m, 1.2m passenger vehicles).

Its principal activity is the production of passenger cars, microvans, commercial vans and light trucks.

It is China’s second most popular car brand, with 1.4 million Changan cars sold in 2016. A subsidiary of Changan, Chongqing Changan Automobile Company (SZSE: 000625), is listed on the Shenzhen Stock Exchange (but is also state controlled)

Websiteglobalchangan.com
https://youtu.be/Yg38BzMSUyc

VEHICLES


  • Cars;
  • SUV;
  • ECO;
  • MPV (multi-purpose vehicle);
  • Commercial Vehicles.

HISTORY


   Chang’an claims its early origins can be traced back to 1862 when Li Hongzhang set up the Shanghai Foreign Gun Bureau.

   In the late 1950s, a predecessor company, Chang’an Factory, assembled a jeep sold under the Yangtze River brand. By the end of the 1980s, the company was producing pint-sized trucks and vans for commercial purposes.

   In 2009, Chang’an acquired two smaller, domestic automakers Hafei and Changhe.

   In 2012, Changan Ford Mazda Automobile was divided into two new joint venture companies: Changan Ford and Changan Mazda.


   With more than 40,000 employees, Changan Automobile Company Limited is considered one of the Largest Public Companies in the World, according to Forbes.

*Information from Forbes.com, Wikipedia.org, and www.globalchangan.com.

**Video published on YouTube by “CHANGAN Automobile“

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