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.
Zhejiang Geely Holding Group Co.,Ltd. (ZGH),commonly known as Geely Holding,is a Chinese multinational conglomerate headquartered in Hangzhou,Zhejiang. The company is privately owned by Chinese entrepreneur Li Shufu,and mainly engaged in the automotive industry.
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.
Changan Automobile Co.,Ltd.(CCAG) is a Chinese state-owned automobile manufacturer headquartered in Jiangbei,Chongqing. 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.
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. Changan Suzuki became defunct in 2018.
The automotive industry inmainland China has been the largest in the world measured by automobile unit production since 2008. As of 2024,mainland China is also the world's largest automobile market both in terms of sales and ownership.
Dongfeng Motor Corporation Ltd. is a Chinese state-owned automobile manufacturer headquartered in Wuhan,Hubei. Founded in 1969,it is currently the smallest of the "Big Four" state-owned car manufacturers of China with 671,000 sales in 2023,below SAIC Motor,Changan Automobile and FAW Group.
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 December 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 PSA was an automobile company headquartered in Shenzhen,China,a 50:50 joint venture between Changan Automobile and Groupe PSA. Its principal activity was the manufacture and sale of DS Automobiles branded passenger cars for China.
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.
There are currently about 150 active brands in the Chinese automobile market. Among them are 97 Chinese domestic brands and 43 joint venture (JV) brands. Before 2010,the traditional "Big Four" refers to the four major state-owned car manufacturers,SAIC,FAW,Dongfeng and Changan. Other Chinese car manufacturers,both from public and private sectors,like Geely,BAIC,BYD,Chery,GAC,Great Wall,JAC and Seres emerged as the major players with the expansion of Chinese automotive industry.
