Company overview
GAC Changfeng Motor Co., Ltd. was established as a branch of the People's Liberation Army in 1988. The company initially produced light trucks, primarily for sale to the Chinese state. From 1995, it began manufacturing license-built Mitsubishi Pajero vehicles under the brands Lièbào (Cheetah) and later Leopaard. In 2012, Guangzhou Automobile Group acquired a majority stake in the company. Prior to this acquisition, Mitsubishi held 15% ownership. The company was listed on the Shanghai stock exchange until March 20, 2012. As of July 2021, Hunan Leopaard Motors Co., Ltd., a subsidiary, declared bankruptcy. From 2009 to 2011, the company sold between 30,000 and 50,000 vehicles annually. Historically, the company supplied vehicles to government agencies and military organizations.
