 | |
| Former type | Joint venture |
|---|---|
| Successor | Baoneng Group's Shenzen plant |
| Founded | November 2011 |
| Defunct | 2020 |
| Headquarters | Shenzhen, China |
| Area served | China |
| Key people |
Olivier Mornet (President) Ying Zhanwang (Executive Vice President) |
| Industry | Automotive |
| Products | Automobiles |
| Owner(s) |
Chang'an Automobile Group (50%) Groupe PSA (50%) |
| Website | ds.com.cn |
Chang'an PSA (officially Chang'an PSA Automobiles Co., Ltd., informally CAPSA) was an automobile company headquartered in Shenzhen, China, a 50:50 joint venture between Chang'an Automobile Group and Groupe PSA. Its principal activity was the manufacture and sale of DS Automobiles branded passenger cars for China.
Changan PSA was Groupe PSA's second automobile joint venture in China, after Dongfeng Peugeot-Citroën.[1] Centering on a newly built production base in Shenzhen, it had an annual production capacity of 200,000 vehicles.[2]
History[]
In 2010, Changan and Groupe PSA agreed to establish a 50:50 joint venture to produce passenger cars for the Chinese market,[3] and final approval for the project was gained in 2011.[4]
Manufacturing commenced in 2014, with China specific DS models; the DS 5LS first and then the DS 6WR.[5]
The venture got consistently poor sales, leading to production levels below capacity. It was dissolved in 2020 after both Changan and Groupe PSA agreed to transfer their respective stakes to the Baoneng Group.[6]
The newly restructured venture was renamed Shenzhen Baoneng Motor.[7]
Products[]
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This page uses some content from Wikipedia. The original article was at Chang'an PSA. The list of authors can be seen in the page history. As with Tractor & Construction Plant Wiki, the text of Wikipedia is available under the Creative Commons by Attribution License and/or GNU Free Documentation License. Please check page history for when the original article was copied to Wikia |
References[]
- ↑ CAPSA – Chang’an-PSA’s new joint venture company chinacartimes.com, 15 June 2011
- ↑ For Shenzhen production base, see "About CAPSA: Changan PSA Automobiles Co., Ltd Profile". capsa.com.cn. Changan Automobiles Co Ltd.
- ↑ China Chang’an Automobile Group and PSA in Joint Venture discussion PSA Peugeot Citroën Official Site, 5 June 2010
- ↑ "PSA Peugeot Citroën in China (a PSA Press Kit)". PSA Peugeot Citroën (April 2015).
- ↑ "PSA launches DS compact crossover in China" (10 October 2014).
- ↑ "长安汽车上半年净利转正 系报告期内非经常性损益获利52亿" (31 August 2020).
- ↑ "Shenzhen Baoneng Motor’s first vehicle expected to roll off production line in fourth quarter".
External links[]
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