Japan-based Mazda Motor Corporation (TYO: 7269), is collaborating with China-based
Changan Automobile Group to develop a new electric vehicle.
This is the first time Air
Changan took delivery of a new 737-800 aircraft, which will join the Shaanxi Province-based carrier's 737-800-only fleet and will be operated from Xian Xianyang International Airport on services to regional destinations.
Changan Automobiles aims to have driverless cars in commercial use by 2018.
Changan, whose notable joint ventures include ChanganFord and ChanganSuzuki, has big plans for the UK market.
In September it was reported that
Changan had acquired long-term leases on 24,000 sq ft of space in three Parkside offices at Solihull's Birmingham Business Park.
Changan acquired long-term leases to three Parkside offices at the Solihull park in September.
According to the joint venture,
Changan Ford, the plant is producing a new model Ford Escort designed for the Chinese market and has a capacity to make 360,000 vehicles a year.
Now let's take a look at the top 10 passenger car manufacturers in China: Shanghai VW, Shanghai General Motors, FAW VW, Beijing Hyundai,
Changan Ford, Great Wall Motors, Dongfeng Peugeot Citroen, Dongfeng Yueda Kia, Donfeng Nissan, and
Changan.
Ford has manufacturing and sales ventures in China with
Changan Automobile and Jiangling Motors Corp.
In a filing with the Shenzhen stock exchange, Chongqing
Changan said that it would cover the purchase price with available resources.
Mazda said it plans to restructure
Changan Ford Mazda Automobile Co.
S Fiesta, ILC Friendship,
Changan, Argent Hibiscus, and AL Soor II are currently occupying berths to load/offload containers, cement, rice, G .
