Type | Subsidiary of Chang'an Motors[1] |
---|---|
Founded | Early 1970s[2] |
Headquarters | Jingdezhen, Jiangxi, China[2] |
Parent |
BAIC (70%[3]), Jiangxi Provincial State-owned Enterprise Assets Operation (Holdings) Co. (30%)[3] |
Website | changheauto.com |
Jiangxi Changhe Automobile Co Ltd is a car-making company based in Jingdezhen, Jiangxi province, China.[2]
Currently a majority-owned subsidiary of a large, state-owned automaker, BAIC,[3] Changhe is engaged in a joint venture with Suzuki Motor Corporation of Japan,[4] and some of the products it manufactures carry the Suzuki brand.
It may be partner in the lesser of the two Suzuki joint ventures in China, and in the span of six years from 2008-2014 Changhe underwent a series of ownership changes and mergers that saw it transform from a subsidiary of a sedentary maker of military aircraft to a neglected division of a struggling, second-rate automaker already overburdened with excess production lines for Suzuki microvans at a time when consumers in third- and fourth-tier cities were snapping up cheap and cheerful sedans and hatchbacks. As of 2014, Changhe's prospects look brighter having been merged with a different state-owned automaker serving first-tier cities but looking to expand into the faster growing interior of the country.
Making passenger cars and microvans, small trucks and vans for commercial purposes,[4] Changhe has an estimated 200,000 (227,000[5] to 260,000[2]) units/year production capacity as of 2010.[4] Production capacity figures may consider engines and vehicles as discrete.
History[]
Until recently a subsidiary of The Aviation Industry Corporation of China (AVIC),[4] Changhe was then owned by Chang'an Motors, another Chinese automaker, which acquired it in late 2009.[6] Between that year and 2013, Chang'an held ownership of the company but was unable to boost growth prompting another merger with a more competent, state-owned partner, BAIC.[3]
Changhe was well established by 1973, the year in which trial production of buses began.[2] Originally only making buses, production of a small passenger car in the 1980s[2] helped it to attract a Japanese joint venture partner.[citation needed]
Suzuki joint venture[]
Created in 1995,[4] Jiangxi Changhe-Suzuki Automobile Co Ltd[7] is a Sino-japanese joint venture company[2] manufacturing passenger vehicles.[8]
Export[]
Changhe exports to some European and South American nations. These exports may be in the form of complete knock-down kits.
Brazil & Uruguay[]
Some Changhe models are sold in Brazil[9] and Uruguay[10] under the brand name Effa.[11] The Changhe Ideal is known as the Effa M100 in Brazil,[11] and other, possible Changhe products sold under this brand include a minibus named Furgāo[12] and small commercial vans and trucks.[13]
Europe[]
An Italian importer or assembler, Martin Motors, rebadges and sells the Changhe Landy as a Martin Motors Coolcar.[14]
IPO[]
Listed on the Shanghai Stock Exchange or Shenzhen Stock Exchange[citation needed] in 2001, Changhe was delisted in 2008 prior to its 2009 sale.[2]
Recent events[]
Changhe is planning on debuting a technical service advice line for its passenger car purchasers, who will call in to receive freely dispensed advice on how to best maintain their vehicles.
Production bases[]
Changhe locates its production in Jiangxi Province,[4] at Jingdezhen City[2] and Jiujiang City,[2] and in the capital of Anhui province, Hefei.[2]
Engines are made at a Jiujiang location[15] and all three production bases assemble cars.[2]
See also[]
- Chang'an Motors
- Changhe Ideal
References[]
This page uses some content from Wikipedia. The original article was at Jiangxi Changhe Automobile. 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 |
- ↑ Cite error: Invalid
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- ↑ 2.00 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09 2.10 2.11 Profile of the Enterprise Changhe Official Site
- ↑ 3.0 3.1 3.2 3.3 "BAIC takes majority stake in Changhe Auto". China Daily (26 November 2013).
- ↑ 4.0 4.1 4.2 4.3 4.4 4.5 Milestone merger reshapes Suzuki chinadaily.com.cn, 2010-03-29 09:26
- ↑ Newest development plan for Changhe Auto. globaltimes.cn, May 17, 2010
- ↑ Changan Auto Group opens three new R&D centers globaltime.cn, April 21, 2010 (Google cache)
- ↑ Overseas Network: Asia Suzuki Official Site
- ↑ Company Snapshot: Jiangxi Changhe Suzuki Automobile Co., Ltd. businessweek.com
- ↑
- OFICINAS effamotors.com.br
- Carros: Impressoes ao dirigir; Changhe Ideal abril.com.br, August 2007
- ↑ Especificaciones EFFA Ideal grupoaler.com
- ↑ 11.0 11.1 M100 EFFA: SOBRE O M100 effamotors.com.br
- ↑ FURGÃO EFFA: SOBRE O FURGÃO effamotors.com.br
- ↑ Effa testa receptividade do chinês M100 em SP alpini.com.br, 16/4/2008
- ↑ Gamma MM/CoolCar Martin Motors Official Site
- ↑ K14B engine Changhe Official Site
External links[]
- Changhe Official Site (English)
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