Dongfeng Motor Group

PSA and Dongfeng will develop platform for compact and subcompact cars

April 19, 2015 11:45 CET

PSA/Peugeot-Citroen and China's Dongfeng will jointly develop a platform for small cars for the Peugeot, Citroen, DS and Dongfeng brands. The platform will become operational starting in 2018 and can be used to develop up to 20 models from sedans to SUVs, PSA and Dongfeng said....
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Faurecia forms joint venture with China's Dongfeng

March 31, 2015 11:26 CET

Faurecia has agreed to form a joint venture with Dongfeng Motor to help increase its presence in the world's biggest car market. Faurecia is majority-owned by PSA/Peugeot-Citroen. Dongfeng has a 14 percent stake in PSA....
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PSA starts output in China for Dongfeng's domestic brand

March 11, 2015 06:01 CET

Dongfeng Peugeot Citroen Automobile, a joint venture between PSA and China's Dongfeng, has started building a midsize sedan for Dongfeng, marking the first time a global automaker has produced vehicles sold under the brand of its Chinese partner....
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Renault will increase dealer rebates in China

Jan. 30, 2015 11:32 CET

Renault will give its China dealers more rebates and moderate sales targets as demand cools. Sales growth of passenger vehicles in China will probably slow to 8 percent this year from 10 percent in 2014, according to an industry association....
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Dongfeng faces corruption probe from Chinese authorities

Dec. 1, 2014 14:05 CET

Chinese authorities are investigating state-owned automaker Dongfeng Motor for possible corruption. Dongfeng is a local partner of PSA/Peugeot-Citroen and earlier this year bought a 14 percent stake in the French automaker....
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Dongfeng-PSA to sell imported vehicles in China next year

Nov. 19, 2014 06:01 CET

Dongfeng Peugeot Citroen Automobile, PSA's joint venture with Dongfeng Motor, will take over the vehicle import business currently run by the French automaker's Asia office. The move integrates PSA's vehicle distribution channels in China....
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PSA-Dongfeng JV breaks ground for 4th China plant

Oct. 21, 2014 11:08 CET

PSA's joint venture with Dongfeng began construction of its fourth Chinese assembly plant. The factory will launch production in 2016 and will build up to 360,000 vehicles a year....
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Getrag, Dongfeng form dual clutch transmissions JV in China

Oct. 20, 2014 10:54 CET

Germany's Getrag formed a joint venture with Dongfeng to develop and produce dual clutch transmissions in China. The joint venture will start manufacturing transmissions for compact cars in 2016 at a factory in Wuhan....
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Renault's China vehicle sales could reach 800,000 a year, Ghosn says

Oct. 18, 2014 06:01 CET

Renault, a latecomer to China, could sell up to 800,000 vehicles annually in the country, CEO Carlos Ghosn said. Renault has a 4 percent market share globally and it is a "reasonable" objective to reproduce this in China, Ghosn said....
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BRUCE GAIN

BLOG: Tavares brings PSA back in the race

5:56 am U.S. ET | Oct. 3, 2014

PSA CEO Carlos Tavares is already achieving positive results with his turnaround plan at the money-losing automaker. So much so, that one analyst believes the operating targets Tavares has set for the automaker to hit by 2018 are way too conservative....
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Nissan and Dongfeng form JV for Infiniti in China

Sept. 22, 2014 12:27 CET

Nissan has formed a joint venture with Dongfeng Motor in China dedicated to producing premium Infiniti vehicles. Nissan and Dongfeng each will control 50 percent of the JV, which will start by making the Q50L and QX50....
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Peugeot edges closer to rejoining key stock index

Aug. 13, 2014 13:10 CET

Peugeot, whose losses led to a government bailout earlier this year, may already be close to an important recovery milestone: a return to France's benchmark stock index....
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Beijing Hyundai, Dongfeng Citroen tie for top score in China satisfaction survey

July 18, 2014 06:01 CET

Beijing Hyundai and Dongfeng Citroen topped mass-market brands in a J.D. Power survey of Chinese consumers' satisfaction with the car-buying experience. The joint ventures scored significantly higher than other mass-market brands....
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PSA-Dongfeng raises 2014 China sales target

July 7, 2014 14:42 CET

PSA's Chinese joint venture with Dongfeng raised its 2014 sales target by about 50,000 vehicles after sales rose 24 percent in the first six months....
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Thierry Peugeot to leave PSA board after voicing dissent over capital tie-up with China's Dongfeng

July 3, 2014 18:53 CET

PSA/Peugeot-Citroen's deputy chairman, Thierry Peugeot, was forced out after voicing public dissent over the automaker's tie-up with Dongfeng that he had unsuccessfully opposed....
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PSA-Dongfeng's fourth China plant receives approval

July 2, 2014 11:38 CET

PSA has signed an agreement with Chinese authorities to build a fourth factory with partner Dongfeng. The new plant will boost the venture's annual production capacity in China to 1 million units when it begins output in 2016, PSA said....
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Peugeot family says it will remain influential in PSA

May 15, 2014 09:04 CET

The Peugeot family will remain influential in PSA/Peugeot-Citroen after China's Dongfeng and the French state took stakes in the automaker, Robert Peugeot, head of the FFP family holding company, said....
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PSA begins stock sale after Dongfeng, France buy stakes

April 29, 2014 10:45 CET

PSA/Peugeot-Citroen is offering stock to investors at 6.77 euros a share after selling stakes to Dongfeng Motor and the French state at a higher price. The lower price "is further negative news" for the automaker," according to an analyst....
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