Shenzhen Baoneng Motor
Changan PSA Automobiles Shenzhen Baoneng Motor |
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legal form | Co. Ltd. |
founding | 2011 |
Seat | Shenzhen , People's Republic of China |
Branch | Automotive industry |
Shenzhen Baoneng Motor , previously Changan PSA Automobiles , is an automobile manufacturer from the People's Republic of China .
Company history
Changan PSA Automobiles was founded in late 2010 or on November 16, 2011, depending on the source. The company itself specifies the following order: On July 9, 2010, a letter of intent for the joint venture was signed. On December 30, 2010, the Chinese State Administration for Industry and Commerce approved the company name in advance. On July 12, 2011, the Chinese National Development and Reform Commission gave its approval. MOFCOM granted approval on November 15, 2011. On November 16, 2011, the Chinese State Administration of Industry and Commerce issued the business license.
The seat is in Shenzhen . Chongqing Changan Automobile Company and the French Groupe PSA were originally involved . Changan held 50%.
According to a report from November 2019, production was stopped due to lack of demand. On November 30, 2019, it was announced that the Baoneng Group from Shenzhen was a potential buyer of the PSA stake. At the end of 2019, Changan announced that they wanted to sell their shares. On January 3, 2020, a report appeared that Baoneng had acquired the shares in Changan and PSA. Their vehicle department Baoneng Motor was founded in March 2017. On May 22, 2020, it was reported that the acquired company was renamed Shenzhen Baoneng Motor and belongs to Baoneng Motor . Other sources confirm the renaming. The company was inaugurated on May 30, 2020. Production is scheduled to start in the fourth quarter of 2020.
PSA also has the joint venture Dongfeng Peugeot Citroën Automobile in China with Dongfeng Motor Corporation .
vehicles
The company has been manufacturing vehicles that correspond to the French brand DS Automobiles since 2013 . Are called DS 4S (since 2016), DS 5 (2013-2019), DS 5LS (since 2014), DS 6 (since 2014) and DS 7 (since 2018). Some models are special China designs that are only made in China.
According to one source, Citroën vehicles are or were made, but Peugeot is not.
statistics
In the 2013 launch year, 1,271 new DS vehicles were registered in China. In the following year the highest value of 26,008 was achieved. The numbers for the next few years are 21,451, 16,156, 5,847, 3,867 and 1,254.
Web links
- the company's former website (English) ( Memento of 3 November 2016 Internet Archive )
- DS brand website (Chinese)
Individual evidence
- ↑ CAPSA - Chang'an-PSA's new joint venture company ( Memento from November 19, 2013 in the Internet Archive ) from June 15, 2011. (English)
- ↑ a b Bloomberg (English, accessed August 8, 2020)
- ↑ Information from the company ( Memento from December 22, 2013 in the Internet Archive ) (English)
- ↑ Annual Report 2018 of the Group (PDF; English, accessed on August 8, 2020)
- ↑ Glenn Brooks: Changan looks to the future after PSA and Ford woes from November 20, 2019 (English, accessed August 8, 2020)
- ↑ PSA says China's Baoneng potential buyer for its 50% Capsa stake from November 30, 2019. (English, accessed August 9, 2020)
- ↑ Changan Automobile plans to sell Changan PSA shares to Baoneng Motor subsidiary (accessed August 9, 2020)
- ↑ a b Baoneng Snaps Up Changan-PSA China JV to Further Drive Into Autos from January 3, 2020 (English, accessed August 9, 2020)
- ↑ Monika: Changan PSA renamed Shenzhen Baoneng Motor from May 22, 2020 (English, accessed August 9, 2020)
- ↑ Shenzhen Baoneng Motor Co., Ltd. (Formerly Changan PSA Automobiles Co., Ltd.) (accessed August 9, 2020)
- ↑ Changan PSA renamed Shenzhen Baoneng Motor (accessed August 9, 2020)
- ↑ a b Monika: Shenzhen Baoneng Motor's first vehicle expected to roll off production line in fourth quarter from June 1, 2020 (English, accessed August 9, 2020)
- ↑ a b DS China Sales Figures (English, accessed August 8, 2020)
- ↑ Citroën China Sales Figures (accessed August 8, 2020)
- ↑ Peugeot China Sales Figures (accessed August 8, 2020)