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

Green Car Congress

NOVEMBER 11, 2009

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.

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China Minivan Suzuki Automobile 186
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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

APRIL 21, 2009

This is different from anything Ive ever seen in my 40 years in the automobile industry." ( Detroit Free Press ). Before we were saying it will be an awfully long time before we can get the costs down so people can afford it, but actually if you offset the fuel costs, people can afford it." ( Green Car Congress ).

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Plug-in Plug Hybrid Lithium Ion 45
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