BEIJING -- The parent companies of China's state-owned Chongqing Changan Automobile and Dongfeng Motor Group may be planning a merger into what would become the country's largest automaker, recent disclosures suggest.
Restructuring plans fuel speculation of move to create country's industry leader
Chongqing Changan Automobile and Dongfeng Motor Group have been focusing on strengthening their own brands with electric vehicles. © Reuters
BEIJING -- The parent companies of China's state-owned Chongqing Changan Automobile and Dongfeng Motor Group may be planning a merger into what would become the country's largest automaker, recent disclosures suggest.