Soueast

Chinese automobile manufacturing company From Wikipedia, the free encyclopedia

South East (Fujian) Motor Co., Ltd., trading as Soueast, is a Chinese automobile manufacturer based in Fuzhou, Fujian, a subsidiary of Chery. It conducts production and sale of passenger vehicle under the Soueast marque.[2]

Quick Facts Company type, Industry ...
South East (Fujian) Motor Co., Ltd.
(trading as Soueast)
Company typeSubsidiary
IndustryAutomotive
Founded1995
HeadquartersFuzhou, Fujian, China
Area served
Worldwide
Key people
Zi-Sheng Zuo (President)[1]
ProductsAutomobiles
OwnerChery (100%)
Chinese name
Simplified Chinese东南(福建)汽车工业有限公司
Traditional Chinese東南(福建)汽車工業有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinDōngnán (Fújiàn) Qìchē Gōngyè Yǒuxiàn Gōngsī
Websitewww.soueast-motor.com
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It used to manufactures Mitsubishi brand passenger cars for sale in mainland China, a joint venture between China Motor Corporation (25%), Fujian Motor Industry Group (50%) and Mitsubishi Motors (25%) before it was acquired by Chery.[3][4][5][6][7]

In 2024, SOUEAST Motor boosts production upgrades using its Fujian base's location strengths, integrating global resources/strategies and launching new products. The name "SOUEAST" merges "SOUTH" and "EAST" (from China's southeast Fujian Province), symbolizing its history/culture. Now, it also stands for "SOUL EASE" – promoting an ease lifestyle.

History

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Perspective

Before 2024

Soueast was founded in November 1995 as a joint venture between China Motor Corporation and Fujian Motor Industry Group.[8][5] Mitsubishi became a partner in the joint venture in 2006.[5]

In April 2008, Soueast was awarded a contract to supply 5,700 Delica minibuses to the Iranian Mehreghan Co.[9][10] In the same year, Jackie Chan was signed on as a Mitsubishi brand ambassador for Mainland China markets.[11]

As of early 2011, Soueast had an annual production capacity of around 180,000 units, but this was set to rise to 300,000 with the completion of current construction,[12] which may have been finished by early 2012.[note 1]

Soueast Motor reached its sales peak in 2017, selling 150,000 units that year.

Although the competition is fierce, the niche has advantages in the market segment, which has earned it a certain degree of praise among buyers who focus on controllability. It once exceeded 100,000 units.

In May 2021, Mitsubishi announced its withdrawal from Southeast Motor, ending 26 years cooperation.[13]

The company was acquired by Chery in 2024 and is currently producing Jetour vehicles.[14][15]

Present

On April 29, 2024, Soueast Motor held a Global Investment Promotion Conference in Fuzhou, Fujian, showcasing its upcoming product lineup and announcing the restart of its global operations.

On September 28, 2024, the new Soueast Motor made its global debut in Tashkent, Uzbekistan, unveiling two new models: the S09 and S07.

In January 2025, Soueast unveiled the new brand concept in three countries - Kuwait, UAE and Qatar - and unveiled its third SUV, the S06

Products

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Perspective

Currently available

Discontinued:

Mitsubishi-badged (before 2021)

Soueast produces the following models under the Mitsubishi marque:

Dodge marque

Operations

Soueast has at least one production base in Qingkou city, Minhou County, Fuzhou, Fujian province.[8] This location has probably been expanded three times[12] with the second phase possibly completed c.2009 as that year saw a 150% increase in units produced.[16] As of early 2011, total yearly production capacity for all sites was forecast to soon reach 300,000 with the completion of the base's third phase.[12] February 2012 production was 37% higher than that of the previous year,[17] which may reflect this additional capacity coming online.

Currently, Soueast Motor operates three major production bases in China located in Wuhu, Kaifeng, and Fuzhou. Globally, the company has established 10 KD factories across regions including the Middle East, Southeast Asia, Central Asia, and Africa.

In 2024, Soueast Motors announced its presence in 18 countries and regions worldwide, with a sales network of 124 established outlets. The company plans to establish directly-operated subsidiaries in seven additional countries and regions by 2025, including Saudi Arabia, Mexico, Malaysia, and Uzbekistan.

Sales

A total of 96,553 Soueast brand passenger cars were sold in China in 2013, making it the 38th largest-selling car brand in the country in that year (and the 21st largest-selling Chinese brand).[18]

Notes

  1. Production capacity figures may consider engines and vehicles as discrete.

References

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