There are two advanced arrests in the largest car owned cars, in an agreement that would create a wonderful manufacturer of cars and military vehicles, but can cause problems for its American partners and Japanese.
Dongfeng Motor and Changan car combines their operations and told foreign members of their intentions have made specific talks, two People with detailed knowledge of discussions that were not allowed.
Although it is known outside China, each company produces more cars for their own brands and than global cars like Mercedes-Benz or BMW. Dongfeng and Changan perform about five million cars a year – more than the Ford engine and almost general engine or stars, Fiat, Chrysler and Peugeot.
A fusion of Dongfeng and Changan would establish another sign of the Chinese car market, the largest embrace of the world and the quick embrace of electric vehicles. Both companies have a very higher factory than they need to produce gasoline-powered cars.
Beijing’s hope is that combined companies are able to close excessive gasoline cars and have more success in electric cars.
The Chinese National Government controls the participations of Dongfeng and Changan. Dongfeng is the main supplier of military vehicles for the releaser army, and Changan is the subsidiary of a Chinese military contractor, which can attract attention to a wide and larger military supplier in Trump Administration and some of his joint venture partners.
Chongqing-based Changanek is the main partner of Ford for more than 20 years in the Chinese car market. Dongfeng, located in Wuhan, is the main partner of China for Nissan Motor and the Honda engine is one of the two main partners in China.
Changan and Dongfeng produced mainly gasoline cars. The fusion that leads to a greater attention to electric cars in electric cars can affect international partners.
Ford and Nissan refused to comment on, and Honda did not respond immediately to a request for comment.
In an industry between 60 and 80 to 80 gains, Dongfeng’s workshops went to 48 percent and 47% of Changan, in Alixpartners, global consulting business.
The supervisory and administrative commission of China’s assets directly has Dongfeng’s control participation and indirectly indirect interest in Changan through a large military contractor in China South Industries.
On Saturday, Gou Ping, Committee director, China to expand the strategic restructuring of central automotive companies “to produce complete vehicles” and focus on electric cars.
The shares of two companies are publicly listed, with Dongfeng and Dongfeng of Changan in Changan and Changan in Shenzhen. The confession provided by each February 10th. Its corporate parent was believed to change the structure of the property. Both companies did not mention each other in their statements.
A woman from the Changan Securities said “today for more notifications on the driver’s shareholder”. The duty of Changan’s controller’s shareholders, the Chinese South Industries, said he had no information about Changan. Dongfeng officials have not asked for comment.
China has an incredibly excessive abilities in self production. State-controlled banks offer almost unlimited loans to companies that want to build electric car factories at low interest rates. As a result, car companies have been in a construction binge.
Battery electric vehicles and plug-in gasoline-electric are represented in China in more than half of the cars sold in China last summer. China has sufficient factory to build more than twice as it can be sold inside and is doing exports. The United States and the European Union have launched rates to limit imports from China to China.
The combined company could be a great military contractor after a fusion of Dongfeng and Changan.
Dongfeng’s production includes trucks and humble-like staff, as well as specialized vehicles to launch drones, missiles and grenades.
When Beijing did a large military parade in 2015, during World War, 70 years of Dongfeng’s bankruptcy. To celebrate anniversary Equipped with 180 military vehicles. Another parade is expected in September 80. Celebrate the anniversary.
Dongfeng has been a leader in Beijing’s effort to ensure that China makes its material in the edges of the country. The Chinese day official newspaper said in 2015 to each small engine screw, Dongfeng’s tactical vehicle was made in China.
Siyi Zhao Research in Beijing. Akira Davis River He made the reports of Tokyo.
2025-04-01 17:56:00
