Changan PSA (officially Changan PSA Automobiles Co., Ltd., informally CAPSA) was an automobile company headquartered in
Shenzhen
Shenzhen is a prefecture-level city in the province of Guangdong, China. A Special economic zones of China, special economic zone, it is located on the east bank of the Pearl River (China), Pearl River estuary on the central coast of Guangdong ...
, China, a 50:50 joint venture between
Changan Automobile and
Groupe PSA
Peugeot S.A., trading as Groupe PSA () (formerly PSA Peugeot Citroën from 1991 to 2016) was a French multinational automotive manufacturing company which produced automobiles and motorcycles under the Peugeot, Citroën, DS, Opel and Vauxhal ...
. Its principal activity was the manufacture and sale of
DS Automobiles branded passenger cars for China.
Changan PSA was Groupe PSA's second automobile joint venture in China, after
Dongfeng Peugeot-Citroën. Centering on a newly built production base in Shenzhen, it had an annual production capacity of 200,000 vehicles.
History
In 2010, Changan and Groupe PSA agreed to establish a 50:50 joint venture to produce passenger cars for the Chinese market, and final approval for the project was gained in 2011.
Manufacturing commenced in 2014, with China specific DS models; the
DS 5, the
DS 5LS first and then the
DS 6WR.
The venture got consistently poor sales, leading to production levels below capacity. It was dissolved in 2020 after both Changan and Groupe PSA agreed to transfer their respective stakes to the
Baoneng Group.
The newly restructured venture was renamed Shenzhen Baoneng Motor.
Sales
DS sales in China rose sharply to 26,000 units in 2014, driven by a premium offering composed of the DS 5, DS 5LS and DS 6. All three models are produced in Shenzhen and were launched in a single year.
At the same time, the brand is busy developing its distribution network, with 80 DS Stores covering the 60 largest Chinese cities.
China currently accounts for 22% of DS registrations globally, compared with just 2% in 2013.
Products
File:DS 4S 001 China 2017-04-01.jpg, DS 4S
File:DS 5 facelift 02 China 2016-04-16.jpg, DS 5
File:DS 5LS China 2018-03-20.jpg, DS 5LS
File:DS 6 China 2016-03-29.jpg, DS 6WR
File:DS 7 Crossback 002 China 2018-03-26.jpg, DS 7
References
External links
DS Automobiles ChinaChangan PSA
{{Automotive industry in China
Car manufacturers of China
PSA
Manufacturing companies based in Shenzhen
PSA Group
Vehicle manufacturing companies established in 2011
Chinese companies established in 2011
Vehicle manufacturing companies disestablished in 2020
2020 disestablishments in China
2011 in Shenzhen