Chinese plan to remove Toyota and Volkswagen from the throne

The Chinese automotive market is reaching monthly sales records year-on-year, but the Chinese don't plan to rest.

According to the latest information from the state with the largest population in the world, the Chinese government has taken the initiative to unify three state automotive producers into a giant company.

China FAW Group, Dongfeng Motor and Chongqing Changan Automobile discovered plans for technology rock, motor units, platforms and supply, while the main goal is to create the largest automobile company in the world.

The three companies in question on December 1st signed the partnership agreement in the Chinese town of Vuhan, where Dongfeng headquarters is located. First of all, the partnership will cover all aspects of the operation of automotive producers.

To achieve that goal, official Beijing needs to have overall control over companies in question.

FAW has partnership with Toyota, Volkswagen and Mazda, Dongfeng with the French Group P SA, Honda, Nissan, Renault and Kia, while Changan has collaboration with Ford, Group P SA, Mazda and Suzuki.

There is no doubt that the leaders of the world automobile industry such as Toyota and Volkswagen will carefully follow the Chinese alliance, which comes to get the piece of cake.