Changhe may split from par­ent firm

China Daily (Hong Kong) - - MOTORING - MO­TOR­ING

Do­mes­tic me­dia re­cently re­ported that Jiangx­ibased Changhe Auto plans to sep­a­rate from its cur­rent par­ent Chang’an Au­to­mo­bile Group. Chang’an ac­quired Changhe in 2009 from its for­mer owner AVIC, but the merger has been far from smooth. Ac­cord­ing to the re­ports, the Jiangxi provin­cial govern­ment wants Changhe to co­op­er­ate with Jian­gling Mo­tors, a car­maker in the same prov­ince, af­ter the pos­si­ble sep­a­ra­tion.

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