Visteon Corporation is partnering with China’s third-largest automaker, ChangAn, in a new joint venture, Chongqing ChangAn Visteon Engine Control Systems.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The engineering capability of this joint venture includes complete engine management system development as well as the manufacturing of electronic control units, air-induction systems, intake manifolds and various powertrain components.
With strong manufacturing and engineering capability in engine-management systems, air-induction systems and intake manifolds, the new joint venture will support the growth of ChangAn Ford and ChangAn, particularly in the minivan and low-end passenger car segments.
It is also well positioned to serve other automotive and motorcycle manufacturers in China.
Chongqing is the largest of three hubs of motorcycle manufacturing in China, constituting about 35% of China’s 17 million-unit motorcycle market. The joint venture opens the door to new business opportunities, according to Visteon.
The partnership between Visteon and ChangAn follows the former’s recent announcement of three strategic ventures: the acquisitions of Jiangsu Toppower Automotive Electronics Co., Ltd., and automotive instrument supplier Yanfeng Visteon Betung Automotive Instrumentation Co., Ltd.; and a joint venture with automotive lighting supplier Visteon TYC Auto Lamps Co., Ltd.
