Is Changan Suzuki a Joint Venture Car?
2 Answers
Changan Suzuki is a joint venture car, jointly held by Chongqing Changan Automobile Co., Ltd. (51%), Suzuki Corporation of Japan (39%), and Suzuki (China) Investment Co., Ltd. (10%). Here is more information about Changan Suzuki: 1. Introduction: It is a joint venture car, jointly held by Chongqing Changan Automobile Co., Ltd. (51%), Suzuki Corporation of Japan (39%), and Suzuki (China) Investment Co., Ltd. (10%). The company has a registered capital of 190 million USD and a total investment of 555 million USD. 2. Changan: The Changan brand is a domestic military enterprise and has no direct relation to joint ventures. However, it collaborates with foreign automakers such as Japan's Suzuki, Mazda, and Ford to produce models under brands like Changan Ford, Changan Mazda, and Changan Suzuki. 3. Enterprise: Changan Automobile is one of the top four automotive group companies in China, with a history of 156 years and 34 years of automobile manufacturing experience. It has 16 production bases worldwide, 35 vehicle and engine factories, and a presence in 10 key overseas markets.
When studying automotive history, I discovered that Changan Suzuki is indeed a joint venture. It was established through joint investment by Changan Automobile Group and Japan's Suzuki Motor Corporation. Such Sino-foreign collaborations are quite common in China's automotive market, with examples like FAW-Volkswagen and GAC-Toyota following similar models. The advantage of joint ventures lies in resource sharing between both parties: Suzuki contributes engine technology and design expertise, while Changan provides manufacturing facilities and local sales networks. This enhances product reliability and cost-effectiveness, avoiding the high prices of purely imported vehicles or potential technological lag in purely domestic cars. I've had experience with their Alto model, which offers excellent fuel efficiency and is ideal for daily commuting. The joint venture structure has also boosted local employment and technological learning, injecting vitality into the automotive industry.