Is Nanjing Changan Mazda going out of business?

No, now Mazda is squeezed by other Japanese and Korean brands and has fierce competition with FAW Mazda. Coupled with the lack of technological innovation, it is hard to say, but it should not close for a short time, but the market share is declining. Changan Mazda Automobile Co., Ltd., formerly known as Changan Ford Mazda Automobile Co., Ltd. Nanjing Company, was established on April 19, 2005, and was completed and put into operation on September 24, 2007. It is jointly funded by Chongqing Changan Automobile Co., Ltd. and Mazda Automobile Co., Ltd., a century-old enterprise of China Automobile, with each party holding 50% of the shares.