# Changan Automobile
Latest news and articles about Changan Automobile
Total: 5 articles found
The End of the Race to the Bottom: Why China’s EV Giants are Pivoting to Profitability
China's leading EV manufacturers are shifting focus from aggressive market share expansion to profitability as margins hit historic lows. Through internal brand consolidations and the reduction of retail incentives, firms like Changan and Xiaomi are attempting to shore up cash reserves to fund expensive R&D in AI and autonomous driving.
Shattered Gears: The Downfall of a Titan in China’s Auto and Defense Sectors
Liu Weidong, a former top executive at China South Industries Group and Dongfeng Motor, has been sentenced to 13 years for a 26-year bribery spree. The case highlights the deep-seated corruption risks at the intersection of China’s automotive and defense sectors.
A Dual-Industry Downfall: Former Defense and Auto Titan Jailed in China’s Graft Crackdown
Liu Weidong, a former top executive at defense giant China South Industries Group and veteran of the automotive sector, has been sentenced to 13 years in prison for bribery. His conviction, involving over 41 million yuan in illicit gains, highlights Beijing's continued efforts to purge corruption from its strategic industrial and military sectors.
Changan’s Power Move: Consolidating Control Over Suzuki’s Chinese Motorcycle Legacy
Chinese regulators have unconditionally approved Changan Automobile's bid to take control of the Jinan Qingqi Suzuki motorcycle joint venture. This consolidation marks a significant shift in the long-standing partnership, allowing Changan to lead the venture's strategic direction amid a transforming mobility market.
Legacy to Logic: Changan’s L4 License Marks a Power Shift in China’s Robotaxi Race
Changan Automobile has launched a dedicated robotics subsidiary and obtained an L4 autonomous driving license, positioning the state-owned giant to challenge tech firms in the commercial Robotaxi sector.