The automotive industry comprises a wide range of companies and organizations involved in the design,development,manufacturing,marketing,selling,repairing,and modification of motor vehicles. It is one of the world's largest industries by revenue.
A joint venture (JV) is a business entity created by two or more parties,generally characterized by shared ownership,shared returns and risks,and shared governance. Companies typically pursue joint ventures for one of four reasons:to access a new market,particularly emerging market;to gain scale efficiencies by combining assets and operations;to share risk for major investments or projects;or to access skills and capabilities.
Auto Alliance Co.,Ltd. or AutoAlliance Thailand (AAT) is the name of a joint venture automobile assembly firm co-owned by Ford and Mazda in Rayong province,Thailand. Modeled after the Ford-Mazda AutoAlliance International joint venture in the United States,AAT builds compact pickup trucks and SUVs primarily for the Southeast Asian market,with exports to Australia and other developing markets as well.
SAIC Motor Corp.,Ltd. is a Chinese state-owned automobile manufacturer headquartered in Anting,Shanghai. Founded in 1955,it is currently the largest 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.
Zhejiang Geely Holding Group Co.,Ltd. (ZGH),commonly known as Geely,is a Chinese multinational automotive company headquartered in Hangzhou,Zhejiang. The company is privately held by Chinese billionaire entrepreneur Li Shufu. It was established in 1986 and entered the automotive industry in 1997 with its Geely Auto subsidiary. Geely Auto is currently the seventh largest automobile manufacturer in China,with 1.328 million sales in China in 2021. Globally,the group sold over 2.2 million cars in 2021,and over 17,926 plug-in electric vehicles in January 2022.
Jiangling Motors Corporation Limited,abbreviated JMC,is a Chinese automobile manufacturer. According to company and press reports,the largest shareholder of JMC is Jiangling Investment,a company controlled equally by the state-owned enterprises Changan and Jiangling Motors Corporation Group (JMCG).
Dongfeng Honda Automobile Co.,Ltd. is an automobile manufacturing company headquartered in Wuhan,China,and a 50:50 joint-venture between Dongfeng Motor Group and Honda Motor Company. It currently produces a variety of Honda models also available in other markets and a handful of China-only products. The company sells vehicles under the Honda and Ciimo marques.
Dongfeng Peugeot-Citroën,formerly Dongfeng Peugeot-Citroën Automobile Co.,Ltd. (DPCA) from 1992 to 2021,is an equally owned Chinese joint venture between the automobile manufacturers Dongfeng Motor Corporation and Stellantis. Based in Wuhan,capital of Hubei province,it manufactures Peugeot and Citroën models for sale in China.
Chang'an Automobile Co.,Ltd. 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.
Changan Suzuki was an automobile manufacturing company headquartered in Chongqing,China and a joint-venture between Chang'an Automobile Group and Suzuki. Chang'an began assembling subcompact commercial Carry ST90 trucks and microbuses under license from Suzuki in early 1980s,and in 1993 the two companies formed Chang'an Suzuki to build licensed versions of the Suzuki Alto and Suzuki Cultus. It was defunct in 2018
The automotive industry in China has been the largest in the world measured by automobile unit production since 2008. Since 2009,annual production of automobiles in China accounted for more than 32% of worldwide vehicle production,exceeding both that of the European Union and that of the United States and Japan combined.
Beijing Automotive Group Co.,Ltd. (BAIC) is a Chinese state-owned automobile manufacturer headquartered in Shunyi,Beijing. Founded in 1958,it is the sixth largest automobile manufacturer in China,with 1.723 million sales in 2021.
Dongfeng Motor Corporation Ltd. is a Chinese state-owned automobile manufacturer headquartered in Wuhan,Hubei. Founded in 1969,it is currently the third largest 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.
Haima Automobile Co.,Ltd.,trading as Haima,is a Chinese automotive manufacturing company based in Haikou,Hainan. Its principal activity is production of passenger cars for other companies.
GAC Fiat Chrysler Automobiles Co.,Ltd. was an automobile manufacturing company headquartered in Changsha,China. It was a 50:50 joint-venture between the GAC Group and Stellantis. The company was founded on 9 March 2010. Fiat agreed to invest an initial US$559 million in the venture.
Changan Ford is a Chinese automotive manufacturing company headquartered in Chongqing. It is a 50/50 joint venture between local Changan Automobile and US-based Ford Motor Company. The company's principal activity is the manufacture of Ford brand passenger cars for the Chinese market. The company was formed in Dec. 2012 after the decision to restructure Changan Ford Mazda,whereby Ford and Mazda agreed to work with Changan as separate joint ventures. Currently,Changan Ford's entire production base is the largest manufacturing location outside Detroit,Michigan for Ford. It has plants in Chongqing,Hangzhou &Harbin.
Changan Mazda is an automotive manufacturing company headquartered in Nanjing,China and a 50:50 joint venture between Changan Automobile and Mazda. The company's principal activity is the manufacture of Mazda brand passenger cars for the Chinese market. The company was formed in December 2012 after the decision to restructure Changan Ford Mazda,whereby Ford and Mazda agreed to work with Changan as separate joint ventures.
Jiangling Motors Corporation Group Co.,Ltd. (JMCG) is a Chinese state-owned holding mostly operating in the automotive industry. It was established in 1947 and is headquartered in Nanchang,Jiangxi.
