Changan establishes a subsidiary company in Germany to expand presence in Europe
With plans to gradually build up its presence in Europe and other overseas markets, Changan aims to sell 1.2 million vehicles by 2030 outside of mainland China
Changan Automobile, a leading carmaker from mainland China, has set up a subsidiary company in Germany in an attempt to accelerate its expansion plans in Europe, according to a news report published by CnEVPost on Sept. 4.
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