Company type | State-owned | ||||||
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ISIN | CNE000000R36 | ||||||
Industry | Automotive | ||||||
Founded | 1862 | ||||||
Headquarters | , China | ||||||
Area served | Worldwide | ||||||
Products | Motor vehicles | ||||||
Production output | 2,553,052 units (2023) [1] | ||||||
Parent | China South Industries Group | ||||||
Subsidiaries |
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Chinese name | |||||||
Simplified Chinese | 重庆长安汽车股份有限公司 | ||||||
Traditional Chinese | 重慶長安汽車股份有限公司 | ||||||
Literal meaning | Chongqing Changan Automobile Joint-stock Limited Corporation | ||||||
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Website | globalchangan.com |
Changan Automobile Co., Ltd.[2] (CCAG) is a Chinese state-owned automobile manufacturer headquartered in Jiangbei, Chongqing.[3] Changan Automobile traces its origins back to 1862 when Li Hongzhang set up a military supply factory, the Shanghai Foreign Gun Bureau. It was not until 1959 when the factory was repurposed to manufacture Changjiang Type 46 jeep that it became an automobile manufacturer.[4][5]
The company produces and sells vehicles under its own branding, such as Changan, Deepal, Avatr, Kaicene, as well as under foreign-branded joint ventures such as Changan Ford and Changan Mazda. In 2021, its own brands contributed 76% of its sales (1.75 million, including 1.2 million passenger vehicles).[6] Its principal activity is the production of passenger cars, microvans, commercial vans and light trucks.[7]
A subsidiary of Changan, Chongqing Changan Automobile Company (SZSE: 000625), is listed on the Shenzhen Stock Exchange (but is also state controlled).[3]
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