Changan Automobile
Chang'an Automobile Co., Ltd. (CCAG) is a Chinese state-owned automobile manufacturer headquartered in Jiangbei, Chongqing. Founded in 1862, it is China's oldest automobile maker. It is currently the smallest of the "Big Four" state-owned car manufacturers of China, namely: SAIC Motor, FAW Group, Dongfeng Motor Corporation, and Changan Automobile, with car sales of 5.37 million, 3.50 million, 3.28 million and 2.30 million in 2021 respectively.
| Company type | State-owned | ||||||
|---|---|---|---|---|---|---|---|
| ISIN | CNE000000R36 | ||||||
| Industry | Automotive | ||||||
| Founded | 1862 | ||||||
| Headquarters | , China | ||||||
Area served | Worldwide | ||||||
| Products | Motor vehicles | ||||||
Production output | 1,900,000 units (2021) | ||||||
| Parent | China South Industries Group | ||||||
| Subsidiaries | Changan UK R&D Centre Ltd. | ||||||
| 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 Chang'an Automobile Joint-stock Limited Corporation | ||||||
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| Website | globalchangan.com | ||||||
The company produces and sells vehicles under its own branding, such as Changan, Deepal, Avatr, Oshan, Kaicene, as well as under foreign-branded joint ventures such as Changan-Ford and Changan-Mazda. In 2021, domestic branded cars took over 76% of sales (1.75m, 1.2m passenger vehicles).
Its principal activity is the production of passenger cars, microvans, commercial vans and light trucks.
It is China's second most popular car brand, with 1.4 million Changan cars sold in 2016. A subsidiary of Changan, Chongqing Changan Automobile Company (SZSE: 000625), is listed on the Shenzhen Stock Exchange (but is also state controlled).