article thumbnail

Changan Acquires AVIC Units to Become 3rd Largest Automaker in China

Green Car Congress

China Ordnance Equipment Group, Chang’an’s parent, will transfer a stake in Chang’an Auto to AVIC in exchange for AVIC’s ownership share of minivan maker Harbin Hafei Automobile Industry Group, Changhe Automobile, engine maker Dongan Power, Changhe Suzuki and Dongan Mitsubishi. SAIC and FAW Group hold the top two slots.

China 186
article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Partnering with Alcoa, Duke Energy, Google.org, Johnson Controls Indiana startup plans to unveil vehicle May 2009 at EVS-24 in Norway; mass production in 2012. Ford Escape PHEV-40 around 2012. This is different from anything Ive ever seen in my 40 years in the automobile industry." ( Detroit Free Press ). This is unusual.

Plug-in 45