Changan Automobile
Chinese state-owned automobile manufacturer / From Wikipedia, the free encyclopedia
Changan Automobile Co., Ltd.[2] (CCAG) is a Chinese state-owned automobile manufacturer headquartered in Jiangbei, Chongqing.[3] Founded in 1862, it is China's oldest automobile maker.[4][5] 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.[6]
Company type | State-owned | ||||||
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ISIN | CNE000000R36 | ||||||
Industry | Automotive | ||||||
Founded | 1862; 162 years ago (1862) | ||||||
Headquarters | , China | ||||||
Area served | Worldwide | ||||||
Products | Motor vehicles | ||||||
Production output | 1,900,000 units (2021) [1] | ||||||
Parent | China South Industries Group | ||||||
Subsidiaries |
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Chinese name | |||||||
Simplified Chinese | 重庆长安汽车股份有限公司 | ||||||
Traditional Chinese | 重慶長安汽車股份有限公司 | ||||||
Literal meaning | Chongqing Changan Automobile Joint-stock Limited Corporation | ||||||
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Website | globalchangan.com |
The company produces and sells vehicles under its own branding, such as Changan, Deepal, Avatr, Oshan, Kaicene, as well as under foreign-branded joint ventures such as Changan Ford and Changan Mazda. In 2021, its own brands contributed 76% of its sales (1.75 million, including 1.2 million passenger vehicles).[7] Its principal activity is the production of passenger cars, microvans, commercial vans and light trucks.[8]
A subsidiary of Changan, Chongqing Changan Automobile Company (SZSE: 000625), is listed on the Shenzhen Stock Exchange (but is also state controlled).[3]