Changan PSA
Changan PSA (officially Changan PSA Automobiles Co., Ltd., informally CAPSA) is an automobile 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.
joint venture | |
Industry | Automotive |
Founded | November 2011 |
Headquarters | , |
Area served | China |
Key people | Olivier Mornet (President) Ying Zhanwang (Executive Vice President) |
Products | Automobiles |
Owner | Changan Automobile (50%) Groupe PSA (50%) |
Website | www |
Changan PSA is Groupe PSA's second automobile joint venture in China, after Dongfeng Peugeot-Citroën.[1] Centering on a newly built production base in Shenzhen, it has an annual production capacity of 200,000 vehicles.[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]
Products
- DS 4S
- DS 5
- DS 5LS
- DS 6WR
- DS 7
References
- CAPSA – Chang’an-PSA’s new joint venture company chinacartimes.com, June 15, 2011
- For Shenzhen production base, see "About CAPSA: Changan PSA Automobiles Co., Ltd Profile". capsa.com.cn. Changan Automobiles Co Ltd. Archived from the original on 22 December 2013. Retrieved 27 September 2013.
- China Chang’an Automobile Group and PSA in Joint Venture discussion PSA Peugeot Citroën Official Site, 5/06/2010
- "PSA Peugeot Citroën in China (a PSA Press Kit)". groupe-psa.com. PSA Peugeot Citroën. April 2015. Archived from the original on 2016-06-14. Retrieved 2017-04-09.
- "PSA launches DS compact crossover in China". Automotive News Europe. 10 October 2014. Retrieved 1 November 2016.