Changzhou Changjiang was reported to be the largest bus builder in China.
[2] In 1994, Flxible's parent company, General Automotive Corporation, along with three other American companies—Penske Corporation, Mark IV Industries, and Carrier Corporation—formed a joint venture with Changzhou Changjiang Bus, a Chinese manufacturer located in Changzhou, Jiangsu, to produce buses based on the Flxible Metro design and with the Flxible name.
These buses, which included both front- and rear-engine designs, and share only their general exterior appearance with the American-built Flxibles, were sold to many transit operators in major Chinese cities, including Beijing and Shanghai.
The venture focused on producing various types of city buses, bus chassis and parts.
[2][5] However, in 2007, the partnership was dissolved when Iveco sold its 50% stake in the venture for just $1 US to Changjiang.