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Changan sets date for purchase of under-performing PSA JV stake

Chinese state-owned automotive manufacturer Chongqing Changan Automobile Company (CCA), a subsidiary of the Changan Automobile Group, will acquire its parent's stake in an equal joint venture with PSA Peugeot Citroen in the fourth quarter of 2013. Jiang Aiqun, a spokesman for the company, recently confirmed this. Following this acquisition, CCA will Subscribe to Automotive World … Continued

Chinese state-owned automotive manufacturer Chongqing Changan Automobile Company (CCA), a subsidiary of the Changan Automobile Group, will acquire its parent's stake in an equal joint venture with PSA Peugeot Citroen in the fourth quarter of 2013. Jiang Aiqun, a spokesman for the company, recently confirmed this.

Following this acquisition, CCA will

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https://www.automotiveworld.com/articles/changan-to-buy-parents-stake-in-psa-jv-in-q4-of-2013/

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