Complex sentence: It was founded in December 2007 under the name Chery Quantum Automotive Corporation (CQAC) and the company name was changed to Qoros Auto Co., Ltd. on November 28,2011.
Split into simpler sentences: It was founded in December 2007 under the name Chery Quantum Automotive Corporation (CQAC). The company name was changed to Qoros Auto Co., Ltd. on November 28,2011.