Changan Automobile admits to taking over FAW Mazda

2021-04-07 06:38:18

It’s rumored the FAW Mazda will be dissolved, and taken over by the Changan Mazda. Changan Automobile acknowledges the news today.

Changan Automobile responds that it cannot deny, but it doesn’t know the specific form of change for now. Besides, the company denied the rumor about the merge of the FAW Dongfeng and Changan Automobile.

Changan Automobile FAW Mazda Merger

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Tencent Holdings repurchased 3.93 million shares for HK$1.5 billion on January 7
                            2025-01-07

                                    Ireland recorded a 12.8 billion euro fiscal surplus last year due to the "Apple tax" ruling
                            2025-01-07

                                    Ministry of Industry and Information Technology: Promoting technical verification of 10G optical network and artificial intelligence integration
                            2025-01-07

                                    Tencent's major shareholder Prosus reduced its stake in Tencent Holdings from 24.01% to 23.99% on January 6.
                            2025-01-07

                                    U.S. chip stocks rose before the market opened, with Nvidia up 0.6%
                            2025-01-07