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changan automobile established a german subsidiary to further develop the european market

2024-09-04

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it home reported on september 3rd that changan automobile officially announced today,changan automobile's german subsidiary has been officially registered in munich

in addition to sales, marketing and service, changan automobile's german subsidiary will also focus on customer insights, market research, technical regulations and regulatory certification, and product localization.this marks changan automobile's further expansion into the european market

changan automobile owns independent brands including changan qiyuan, deep blue automobile, avita, changan gravity, changan kaicheng, as well as joint venture brands including changan ford, changan mazda, and jiangling.

it home learned from the inquiry that changan automobile's operating income in the first half of 2024 was 76.723 billion yuan, a year-on-year increase of 17.15%; the net profit attributable to shareholders of the listed company was 2.832 billion yuan, a year-on-year decrease of 63%; basic earnings per share was 0.29 yuan.

the report shows that in the first half of 2024, changan automobile achieved sales of 1.334 million vehicles, a year-on-year increase of 9.7%; the company's own brand new energy sales were 299,000 vehicles, a year-on-year increase of 69.9%;overseas sales of self-owned brands reached 203,000 units, up 74.9% year-on-year

changan automobile revealed that the company will accelerate product launch in the second half of the year, and a number of new and modified models including changan qiyuan e07, deep blue s05, deep blue l07, avita 07, and the fourth-generation cs75plus will be launched or released.