Changan Automobile's production and sales volume jumped to third in the country in the first half
Changan Automobile Group has made significant strides in the Chinese automotive industry, surpassing major players such as Second Auto and FAW, and securing a strong third position. With a market share exceeding 10%, the company's brand value ranks 60th nationally, showcasing its growing influence. In the first half of this year, Changan produced and sold more vehicles than the Second Automobile Group, marking a notable shift in the competitive landscape.
According to official statistics, from January to June, Changan sold 271,660 units, reflecting a 34.1% year-on-year increase. Production reached 264,583 units, up by 33.7%. The company also achieved sales revenue of 14.43 billion yuan, a 49.1% rise compared to the same period last year. These figures significantly outperform the national average, which saw a 27.1% increase in production and 24.15% growth in sales across the country.
Changan’s annual target for production and sales is set at 500,000 units, and the company has already exceeded half of that goal. Industry analysts note that Changan’s performance has disrupted the traditional dominance of FAW, SAIC, and other major auto groups, signaling a new era of competition within China’s automotive sector.
On June 28, during the World Brand Conference in Beijing, the "China's 500 Most Valuable Brands" list was released. Changan ranked 60th with a brand value of 7.948 billion yuan, making it the top brand in Chongqing. This represents a significant increase from the 5.23 billion yuan valuation reported by Beijing Famous Brand Asset Evaluation Co., Ltd. in 2002.
Liu Yue, a spokesperson for Changan, attributed the brand's growth to improved operational quality and strategic expansion. The company has developed a “Great Triangle†strategy involving partnerships with Ford and Suzuki, alongside regional “small triangles†in Chongqing, Nanjing, and Hebei. Its product lineup now focuses on micro-vehicles and sedans, forming a well-established market presence.
With continued growth in both production and sales, Changan is on track to meet its annual targets ahead of schedule, bringing the goal of “recreating a Changan year†closer to reality.
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