Changan PSA

Changan PSA Automobiles Co., Ltd.
joint venture
Industry Automotive
Founded November 2011
Headquarters Shenzhen, China
Area served
 China
Key people
 Olivier Mornet (President)
Ying Zhanwang (Executive Vice President)
Products Automobiles
Owner Changan Automobile (50%)
Groupe PSA (50%)
Website www.capsa.com.cn/index.php/en/

Changan PSA (officially Changan PSA Automobiles Co., Ltd., informally CAPSA) is an automotive manufacturing company headquartered in Shenzhen, China and a 50:50 joint venture between Changan Automobile and Groupe PSA. Its principal activity is the manufacture and sale of DS Automobiles branded passenger cars in China.

Changan PSA is Groupe PSA's second joint venture company in China, after Dongfeng Peugeot-Citroën.[1] Centering on a newly built production base in Shenzhen, it has a production capacity of 200,000 vehicles per annum.[2]

History

In 2010 Changan and Groupe PSA agreed to establish a 50:50 joint venture to produce passenger cars for the Chinese market,[3] and final approval for the project was gained in 2011.[4]

Manufacturing commenced in 2014, with China specific DS models; the DS 5LS first and then the DS 6WR.[5]

References

  1. ↑ CAPSA – Chang’an-PSA’s new joint venture company chinacartimes.com, June 15, 2011
  2. ↑ For Shenzhen production base, see "About CAPSA: Changan PSA Automobiles Co., Ltd Profile". capsa.com.cn. Changan Automobiles Co Ltd. Retrieved 27 September 2013.
  3. ↑ China Chang’an Automobile Group and PSA in Joint Venture discussion PSA Peugeot Citroën Official Site, 5/06/2010
  4. ↑ "PSA Peugeot Citroën in China (a PSA Press Kit)". groupe-psa.com. PSA Peugeot Citroën. April 2015.
  5. ↑ "PSA launches DS compact crossover in China". Automotive News Europe. 10 October 2014. Retrieved 1 November 2016.
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