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Colorful history, ambitious goals for Chang'an Auto

By Xu Xiao and Han Tianyang | China Daily | Updated: 2012-12-03 05:09

Colorful history, ambitious goals for Chang'an Auto

State-owned giant grew from arms maker founded in 1862

Despite the slowing domestic market and increasing competition, the nation's fourth-biggest automaker Chang'an Automobile Group plans to more than triple its annual production and sales to 6 million vehicles by 2020.

Over 60 percent of the planned 2020 total will be vehicles from its wholly owned brands, the company said.

Colorful history, ambitious goals for Chang'an Auto

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