Which car company did Changan Automobile acquire?
2 Answers
Changan has acquired several major automotive brands including Suzuki, Ford, and Volvo. Establishment time of Changan Automobile Company: Changan Automobile Company was established in 1996. After years of development, it has set up 16 bases and 35 vehicle plants worldwide. With its Blue Core engine technology, Changan has become a leader in China's automotive industry. History of Changan Automobile Company: Its history can be traced back to the period of the Westernization Movement, originating from the Shanghai Arsenal established in 1862, which pioneered China's modern industry. With the tide of China's reform and opening up, Changan officially entered the automotive field in the early 1980s. In 1996, it was registered and became a highly competitive listed company, owning 2 listed companies and 4 stocks. In March 2014, Chongqing Changan Automobile Co., Ltd. acquired Hefei Changan Automobile Co., Ltd.
I have always been an enthusiast in the automotive world and clearly remember Changan Automobile's major move around 2009 when they acquired Hafei Automobile and Changhe Automobile. At that time, the government was promoting the consolidation of the automotive industry, and Changan expanded its business scope through this deal. Hafei excelled in micro buses, while Changhe had experience in the SUV segment, which helped Changan enhance its product diversity. As an observer, I felt this reflected the strategic expansion of Chinese automakers. Since then, Changan has launched more new models integrating advanced technologies, and consumers have benefited from a wider range of choices. Looking back, such mergers and acquisitions reduced fragmented competition, enabling brands to compete more effectively in the international market.
