China Motor Corporation
|Public (TSEC: 2204)|
|Founded||13 June 1969|
|Headquarters||11F, No.2 Tun Hwa South Road Section 2, Taipei, Taiwan|
|Asia, Middle East, Africa, Europe, Central America|
|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
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.
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.
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. As of 2019, Yulon Motor Group is the largest shareholder at over 40% and China Motor is consider 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.
13.97 percent of the company is owned by Mitsubishi, and all of their models are revamped Mitsubishi designs, adjusted to appeal for the Taiwanese market except for Freeca and Veryca, which are entirely CMC designs and not based on Mitsubishi models.
Since June 2007, CMC is participated in the Fujian Daimler joint venture.
- Mitsubishi Colt Plus (2007–present)
- Mitsubishi Lancer (1988–present)
- Mitsubishi Eclipse Cross (2017–present)
- Mitsubishi Outlander (2001–present)
- Mitsubishi Delica (中華得利卡, 1973–present)
- Mitsubishi Freeca (1998–2008)
- Mitsubishi Grunder (2004–2012)
- Mitsubishi Savrin (2001–2014)
- CMC Towny (中華多利, (1985-2011)
- Soueast Lioncel (2000-2007)
- Soueast Delica (1994-2013)
- Soueast Sovereign (2003-2011)
- Chrysler Town & Country (2005-2007)
- "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", Mitsubishi Motors press release, 28 December 2004