China Car Forums banner
1 - 6 of 6 Posts

·
Premium Member
Joined
·
1,055 Posts
Introduction to South East (Fujian) Motor Co. ,Ltd.​
  Under the support of Central Government, provincial and municipal leaders, South East (Fujian) Motor Co. ,Ltd. ( SEM ) was founded in Nov. 1995, with registered capital of US $ 138 million and each party holding 50% of the JV shares.
Up to the present , SEM is the largest auto joint ven ture invested across the strait, with total investment of US$ 226.89 million, land acquisition of 760,000 m 2 , and annual capacity of 120,000 units/double shifts. In future based on the principle of rolling development, SEM will become a motor company with an annual production/sales capacity of 300,000 units.
  With 10 years goes on, SEM has built diversified-product lines(business cars and passenger cars). The business cars include DELICA and FREECA. The passenger cars include LIONCEL and SOVERAN. And more and more new models are under development.   In a few year as its third stage and fourth stage project complete ,this modern automobile town. supported by its own research and development centre and dozens of professional part and component production factories will bound to become one of the important production bases of china's automobile industry.


2002 Freeca






source: Soueast Motor Corporate Website
 

·
Registered
Joined
·
445 Posts
Here's an interesting article from 2006 showing the relationship of the three companies, at that time.
I don't know if today Mitsubishi still owns a "13.97%" stake in China Motor of Taiwan.
 
1 - 6 of 6 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top