Changan Mazda
Changan Mazda (officially Changan Mazda Automobile Co., Ltd.) is an automotive manufacturing company headquartered in Nanjing, China and a 50:50 joint venture between Changan Automobile and Mazda. The company's principal activity is the manufacture of Mazda brand passenger cars for the Chinese market. The company was formed in December 2012 after the decision to restructure Changan Ford Mazda, whereby Ford and Mazda agreed to work with Changan as separate joint ventures. Newsroom, 30 November 2012 ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Changan Ford Mazda
Changan Ford Mazda (officially Changan Ford Mazda Automobile Co., Ltd.) was an automotive manufacturing company headquartered in Chongqing, China and a joint venture between Changan Automobile, Ford Motor Company and Mazda. Its principal activity was the manufacture and sale of Ford and Mazda branded passenger cars in China. In December 2012 the activities of Changan Ford Mazda were restructured and separated into two new joint ventures: Changan Ford Automobile Co., Ltd. and Changan Mazda Automobile Co., Ltd. Changan Ford was established as a 50:50 joint venture between Changan and Ford incorporated in Chongqing and assumed all of Changan Ford Mazda's Ford-related business. Changan Mazda was established as a 50:50 joint venture between Changan and Mazda incorporated in Nanjing and assumed all of Changan Ford Mazda's Mazda-related business. History 2001 to 2010 Changan Ford Automobile Co., Ltd. was established in April 2001 as a 50-50 joint venture between Ford Motor Company a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nanjing
Nanjing (; , Mandarin pronunciation: ), alternately romanized as Nanking, is the capital of Jiangsu province of the People's Republic of China. It is a sub-provincial city, a megacity, and the second largest city in the East China region. The city has 11 districts, an administrative area of , and a total recorded population of 9,314,685 . Situated in the Yangtze River Delta region, Nanjing has a prominent place in Chinese history and culture, having served as the capital of various Chinese dynasties, kingdoms and republican governments dating from the 3rd century to 1949, and has thus long been a major center of culture, education, research, politics, economy, transport networks and tourism, being the home to one of the world's largest inland ports. The city is also one of the fifteen sub-provincial cities in the People's Republic of China's administrative structure, enjoying jurisdictional and economic autonomy only slightly less than that of a province. Nanjing has be ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Automotive Industry
The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industry (economics), industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek language, Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Ambrose Sperry, Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the Brass Era car, horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Automobile
A car or automobile is a motor vehicle with Wheel, wheels. Most definitions of ''cars'' say that they run primarily on roads, Car seat, seat one to eight people, have four wheels, and mainly transport private transport#Personal transport, people instead of cargo, goods. The year 1886 is regarded as the birth year of the car, when German inventor Carl Benz patented his Benz Patent-Motorwagen. Cars became widely available during the 20th century. One of the first cars affordable by the masses was the 1908 Ford Model T, Model T, an American car manufactured by the Ford Motor Company. Cars were rapidly adopted in the US, where they replaced Draft animal, animal-drawn carriages and carts. In Europe and other parts of the world, demand for automobiles did not increase until after World War II. The car is considered an essential part of the Developed country, developed economy. Cars have controls for driving, parking, passenger comfort, and a variety of lights. Over the decades, a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Changan Automobile
Chang'an Automobile Co., Ltd. is a Chinese state-owned automobile manufacturer headquartered in Jiangbei, Chongqing.China rolls out own hybrid car reuters.com, Sat December 15, 2007 1:44am EST Founded in 1862, it is China’s oldest automobile maker. It is currently the smallest of the " Big Four" state-owned car manufacturers of China, namely: SAIC Motor, , D ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mazda
, commonly referred to as simply Mazda, is a Japanese multinational automotive manufacturer headquartered in Fuchū, Hiroshima, Japan. In 2015, Mazda produced 1.5 million vehicles for global sales, the majority of which (nearly one million) were produced in the company's Japanese plants, with the remainder coming from a variety of other plants worldwide. During this time, Mazda was the 15th-largest automaker in terms of production globally. History Creation Mazda began as the Toyo Cork Kogyo Co., Ltd, as a cork-making factory founded in Hiroshima, Japan, 30 January 1920. Toyo Cork Kogyo renamed itself to Toyo Kogyo Co., Ltd. in 1927. In the late 1920s the company had to be saved from bankruptcy by Hiroshima Saving Bank and other business leaders in Hiroshima. In 1931, Toyo Kogyo moved from manufacturing machine tools to vehicles with the introduction of the Mazda-Go auto rickshaw. The name ''Mazda'' came into existence with the production of the company's fi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Thomson Reuters
Thomson Reuters Corporation ( ) is a Canadian multinational media conglomerate. The company was founded in Toronto, Ontario, Canada, where it is headquartered at the Bay Adelaide Centre. Thomson Reuters was created by the Thomson Corporation's purchase of the British company Reuters Group in April 2008. It is majority-owned by The Woodbridge Company, a holding company for the Thomson family. History Thomson Corporation The forerunner of the Thomson company was founded by Roy Thomson in 1934 in Ontario, as the publisher of ''The Timmins Daily Press''. In 1953, Thomson acquired the ''Scotsman'' newspaper and moved to Scotland the following year. He consolidated his media position in Scotland in 1957, when he won the franchise for Scottish Television. In 1959, he bought the Kemsley Group, a purchase that eventually gave him control of the '' Sunday Times''. He separately acquired the ''Times'' in 1967. He moved into the airline business in 1965, when he acquired Britanni ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mazda3
The Mazda3 (known as the Mazda Axela in Japan (first three generations), a combination of "accelerate" and "excellent") is a compact car manufactured by Mazda. It was first introduced in 2003 as a 2004 model, replacing the Mazda Familia, Familia/323/Protegé in the C-segment. The second-generation Mazda3 for the 2009 model year was unveiled in late 2008, with the sedan premiering at the LA Auto Show#2008, Los Angeles Auto Show and the hatchback at the Bologna Motor Show#2008, Bologna Motor Show. For the 2012 model year, Mazda began offering the Mazda3 with their newly-developed Skyactiv technology, including a more rigid body, a new direct-injection engine, and a new 6-speed transmission. The third generation was introduced in mid-2013 as a 2014 model year. The third-generation model is the first Mazda3 to adopt the "Kodo" design language and a more complete Skyactiv range of technologies. The fourth-generation Mazda3 for the 2019 model year was unveiled in November 2018 at the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mazda CX-5
The Mazda CX-5 is a compact crossover SUV produced by Mazda since 2012. A successor to both the Tribute and the slightly larger CX-7, it is Mazda's first model to feature the "Kodo" design language and the first model to be fully developed with a range of technologies branded as Skyactiv, including a rigid, lightweight platform combined with a series of engines and transmissions to reduce emissions and fuel consumption. Since 2019, the CX-5 is positioned above the smaller CX-30. , depending on the region, the CX-5 is positioned right below the larger CX-50, CX-60 or the CX-8 within Mazda's crossover SUV line-up. The CX-5 has been the worldwide best-selling model offered by the brand every year since 2014, with record sales in 2019 when 444,262 units were sold globally. , cumulative sales of the CX-5 has reached around 3.5 million vehicles. First generation (KE; 2012) The concept car, unveiled at the 2011 Geneva Motor Show, was the first Mazda vehicle to combine the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mazda CX-8
The Mazda CX-8 is a mid-size crossover SUV produced by Mazda since the end of 2017. It is a three-row version of the CX-5. The CX-8 is Mazda's flagship SUV in Japan, as the larger, export-only CX-9 is not sold in the country. Outside of Japan, the CX-8 is available in China, Oceania, and Southeast Asia. Overview First unveiled on 14 September 2017 in Japan, the CX-8 is the only three-row SUV offered in the country, and became the only three-row vehicle offered by the company following the discontinuation of Mazda minivans such as the Biante and Premacy. While bearing resemblance to the second generation CX-9, and sharing the same outer tail lights, the CX-8 is 17 cm shorter in length and 13 cm narrower in width to conform to Japanese conditions. Within a few weeks after its introduction in Japan, Mazda dealers received over 12,000 orders from consumers in Japan. Initially announced as a Japan-exclusive model, Mazda introduced the vehicle in Australia in July 2018 and positio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |