BEIJING (Reuters) - Chongqing Changan Automobile Co( 000625.SZ ) will soon launch in China a car model it co-developed with Mazda Motor Corp( 7261.T ) using technology provided by its Japanese partner, Mazda executives said on Saturday. The Hiroshima-based Mazda chose not to come up with a China-only, co-brand car with Changan, as its rivals Nissan Motor Co ( 7201.T ) and General Motors Co ( GM.N ) have done, Mazda Chief Executive Takashi Yamanouchi said. Instead, Yamanouchi and Mazda's head of China operations, Noriaki Yamada, said Mazda chose to provide a platform or vehicle underpinning technology to Changan so that the two could develop a model for Changan to market in China under an existing Changan brand
Reported by Firstpost 5 hours ago.
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