Changan Ford will be fined $23.6 million for restricting retailers’ sale prices in the southwestern city of Chongqing since 2013The fine amount is equivalent to 4% of Changan Ford’s annual sales in Chongqing.
3 min read5 Jun 2019China imposed fine on US auto giant Ford's joint venture with Changan Automobile for 'price fixing'Ford's first-quarter China sales fell to 136,279 vehicles, down 35.8 percent from the same period last year
2 min read5 Jun 2019Suzuki has agreed to transfer the 50% stake it holds in Changan Suzuki to Chongqing Changan Automobile Co. as soon as legal proceedings are completed
1 min read4 Sep 2018An exit from China will allow Suzuki Motor Co. to free up resources and focus more attention on Maruti Suzuki in India, its most lucrative market
4 min read24 Aug 2018Suzuki and Chongqing Changan Automobile are said to be disbanding their joint venture, with the Japanese company selling stake to the local manufacturer
1 min read23 Aug 2018Changing market dynamics in India and a shift in buyer preference from small cars to utility vehicles has encouraged Chinese automakers
3 min read14 Jul 2016Harris's successor will be announced later though Ford India assigns Anurag Mehrotra the responsibilities as interim MD
1 min read6 Jun 2016Top Changan executives met industry consultants two months ago
3 min read12 Jan 2015Peugeot signs Changan JV in push for China
2 min read9 Jul 2010Ford, Mazda aim to break up 3-way China JV: sources
2 min read13 May 2010The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared