CHINA NATIONAL AUTOMOBILE INDUSTRIAL COMPANY
China National Automobile Industrial Company (CN-AMC) is a wholly-owned subsidiary of Chinas state-owned automotive industry. The company is responsible for producing a variety of vehicles, including luxury sedans, SUVs, commercial vehicles, and light trucks. Its portfolio of products includes passenger cars, sport utility vehicles, and diesel engines.
CN-AMC was originally founded in 1966 as a joint venture between China Hong Kong Automobile Industry and Dongfeng Motor Co Ltd. It later became a publicly traded company in 2011 listed on the Shanghai Stock Exchange, with the name Xinjiang China National Automobile Industry Co Ltd. By 2020, it had become the second-largest player in Chinas domestic auto industry, with annual sales of over 10 million vehicles and total assets worth nearly RMB 500 billion (USD 76.5 billion).
China National Automobile Industrial Company has a strong presence in China and has a well-established network of suppliers and dealers. The company has invested in research and development so that it is able to provide consumers with innovative and advanced automotive technologies, such as alternative fuel technologies, driver assistance systems, and intelligent traffic control systems. In recent years, the company has actively participated in the “Made in China 2025” strategy and adopted modern manufacturing practices and technologies.
CN-AMC also holds a majority stake in various Chinese automotive companies, including carmakers such as Brilliance China Automotive Holdings Ltd, Hafei Motor Corporation, JAC Motors, FAW Group, and BAIC Group. It also has joint ventures with several international brands such as Volkswagen, General Motors (GM), and Volvo.
CN-AMC is constantly striving to expand its operations overseas and has currently established a presence in over 50 countries, with joint ventures in Europe, North America, and Southeast Asia. In 2019, the company opened a design and engineering center in Birmingham in the UK and has established a global supply chain with global logistics partners such as DHL and UPS. It also has plans to further expand its presence in international markets further, in order to strengthen its position as a global player in the automotive industry.
The company pursues a sustainable growth strategy and actively creates human capital infrastructure. It has set up university research chairs in China’s top universities as well as training centers in various cities in order to develop expert talent in the automotive industry.
In order to continue strengthening its competitive edge, CN-AMC has focused heavily on advanced technologies such as electric vehicles, driverless cars, connected cars, and alternative powertrains. It is also actively investing in global partnerships and acquisitions, such as its stake in the ride-sharing company Didi Chuxing and its acquisition of the electric vehicle start-up NIO Limited.
In the future, CN-AMC plans to continue focusing on both traditional and new automotive technologies in order to become a global powerhouse in the automotive industry, as well as a leader in innovation.
Through its commitment to innovation and customer satisfaction, CN-AMC is committed to creating a better future for the people and industry of China. As it continues to grow and expand, CN-AMC will remain focused on increasing its global presence while creating value and leading the way in the new era of mobility.
