Industry | Automotive |
---|---|
Founded | 2001 |
Founder | Pang Qingnian |
Headquarters | Jinhua, Zhejiang, China |
Products | Automobiles, buses and trucks |
Number of employees
|
Approx 4,000 |
Website | Youngman |
Youngman (officially China Youngman Automobile Group Co., Ltd.) (Chinese: 青年汽车集团) is a Chinese manufacturer of buses and trucks located in Jinhua, Zhejiang province. The company was founded in 2001 by Pang Qingnian and also used to manufacture automobiles. However, its passenger car business appears to have ceased operation by mid-2015.
"Youngman" is an English literalization of the name of the company's founder, Pang Qingnian.
Youngman was founded in 2001 by Pang Qingnian. In the early-2000s the company formed joint ventures with two German companies - a bus manufacturing venture with Neoplan (at the time known as Gottlob Auwärter GmbH & Co. KG) and a truck manufacturing venture with MAN. After increasing of orders, the manufacturer has built plants in the cities of Jinan, Tai'an, Lianyungang, Quzhou and some other places to meet the high number of orders.
In September 2006 Youngman established a joint venture with the Iranian state-owned carmaker Iran Khodro for the manufacture of Iran Khodro's Samand and Soren models at Youngman's Tai'an plant, with parts supplied by PSA Peugeot Citroën.
In November 2006, Youngman became the official Chinese importer for the British sports car maker Lotus Cars. In another joint-venture with the Lotus Group which was closed in December 2008, Youngman assembled Lotus and Europestar branded cars in Guangdong for the Domestic Chinese and export market. The units receive a Chinese independent brand to differentiate itself from the British sports car models. With the Lotus joint venture, Youngman is engaged in secondary activities as the exclusive importer of American automotive brand ZAP!. Both brands had its China debut at the Beijing International Auto Show in 2009. In 2007, Youngman acquired the American electric car maker Detroit Electric, with the intention of manufacturing vehicles for the North American market.