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Revision as of 00:35, 12 April 2024
Company type | Public |
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TWSE: 2204 | |
Industry | Automobile manufacturer |
Founded | 13 June 1969 |
Headquarters | 11F, No.2 Tun Hwa South Road Section 2, Taipei, Taiwan |
Area served | Asia, Middle East, Africa, Caribbean, Central America |
Key people | Vivian Shun-wen Wu (Former Honorary President) Kenneth Yen (Chairman) Chao-Wen Chen (President) |
Products | Automobiles, recreational vehicles, light commercial vehicles, trucks |
Revenue | NT$ 55,669.4 million |
NT$ 5,397.8 million | |
Number of employees | 3,407 |
Parent | Yulon Motor |
Website | www |
China Motor Corporation | |||||||||||||||
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Chinese | 中華汽車工業 | ||||||||||||||
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China Motor Corporation (CMC; Chinese: 中華汽車工業; pinyin: Zhōnghuá Qìchē Gōngyè) is an automobile manufacturer based in Taipei, Taiwan.
History
It was founded in June 1969, and signed a technology sharing contract with Mitsubishi Motors the following year. On 12 December 1973 they opened their first manufacturing facility, in Yangmei. Initially vehicle production was at a rate of 300 vehicles per month, but thanks to rapid growth, and the development of an advanced painting facility, the factory produced its 100,000th vehicle in 1983.[1]
Originally they only produced commercial vehicles, but have since expanded operations, producing more than 100,000 vehicles per year. Currently they operate three manufacturing plants, two in Yangmei and one in Hsinchu.[1]
The company has been listed on the Taiwan Stock Exchange since March 1991, and has repeatedly been recognized for its remarkable growth. In 1993 it was awarded the National Quality Award of Taiwan and were ranked first place in J.D. Power Asia-Pacific's Sales Satisfaction Index in 2000 and 2001. They have also been awarded numerous accolades for exemplary working conditions in their manufacturing plants.[1] As of 2019, Yulon Motor Group is the largest shareholder at over 40% and China Motor is considered part of the Yulon Motor Group.
Since 1995, CMC has invested heavily in China's South East Motor Corporation, and have poised themselves to take advantage of China's economic growth.
In 2005, the company was given approval from the Chinese government, and signed an agreement with DaimlerChrysler to produce minivans for the mainland market.
13.97 percent of the company is owned by Mitsubishi.[2] All of CMC's models are of Mitsubishi origins, adjusted to appeal for the Taiwanese market.
Since June 2007, CMC is participated in the Fujian Daimler joint venture.
Products
Current
CMC brand vehicles
- CMC Veryca (中華菱利, 2000–present)
- CMC Zinger (中華雙贏, 2005–present)
- CMC P350 Hybrid (中華堅兵, 2022–present)
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CMC Veryca
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CMC Zinger
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CMC P350 Hybrid
Mitsubishi brand vehicles
- Mitsubishi Colt Plus (2007–present)
- Mitsubishi Delica (中華得利卡, 1973–present)
- Mitsubishi Eclipse Cross (2018–present) (Import)
- Mitsubishi Lancer (1993–present)
- Mitsubishi Outlander (2001–present)
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Mitsubishi Colt Plus
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Mitsubishi Delica
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Mitsubishi Eclipse Cross
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Mitsubishi Grand Lancer
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Mitsubishi Outlander
MG brand vehicles
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MG HS
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MG ZS
Former production
- CMC Minicab (1978-1985)
- CMC Towny (中華多利, (1985-1992)
- CMC Varica (1985-2000)
- Mitsubishi Freeca (1998–2008)
- Mitsubishi Galant (1997–2004)
- Mitsubishi Grunder (2004–2012)
- Mitsubishi Savrin (2001–2014)
- Soueast Delica (1994-2013)
- Mitsubishi Space gear (1997-2007)
- Soueast Sovereign (2003-2011)
- Chrysler Town & Country (2005-2007)
- CMC Leadca (中華新達, 2013–2018)
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CMC Delica 2.0GL van
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CMC Minicab truck in 1980s
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CMC Varica 1200 van
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CMC Veryca 1.3L truck (1st ver.)
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CMC Leadca
Former import
- Mitsubishi Pajero (2007-2020)
- Mitsubishi ASX (2011-2014)
- Mitsubishi Lancer Sportback (2011-2017)
See also
References
- ^ a b c "About CMC" China Motor Co. website Archived 9 January 2007 at the Wayback Machine
- ^ "MMC and CMC of Taiwan sign MOU on future joint business in Mainland China". Press Release. Tokyo: Mitsubishi Motors Corporation. 2004-12-28. Archived from the original on 2006-05-28.