Review: Major restructures of auto industry over past 10 years

China's auto industry has experienced quite a number of mergers and acquisitions over the past 10 years. The process has accelerated this year, backed by government policies aimed at boosting the sector. Let's go through a brief review.

June 14, 2002

FAW merges with Tianjin Auto

The Chinese auto industry's largest merger to that point

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May 29, 2005

Chang'an Auto merges with Jiangling Auto

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December 26, 2007

SAIC buys Nanjing Auto from Yuejin Group

SAIC becomes China's number 1 auto maker

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May 21, 2009

Guangzhou Auto acquires stake in Changfeng Auto

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July 25, 2009

BYD Auto acquires Hunan Midea Coach

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October 9, 2009

Tengzhong Industry & Hummer sign $150 mln acquisition deal

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October 28, 2009

Ford Motors names Geely as the preferred Chinese bidder for its Swedish unit, Volvo