Dongfeng-PSA sales rise 37% in April on new models

May 21, 2013 08:49 CET
PSA's China joint venture with Dongfeng Motor Corp. said it increased sales 37 percent last month to 45,303 units helped by strong demand for its stretched Citroen C4 and Peugeot 3008 models.... Read More »

 

PSA says vehicle sales in China rose 31% in first quarter

April 19, 2013 10:58 CET
PSA said new-car sales in China rose 31 percent to 142,000 in the first quarter, a record for the automaker. Growth was driven by a 24 percent rise in deliveries for PSA's joint venture with Chinese automaker Dongfeng, the company added.... Read More »

 

CHINA

Dongfeng-PSA venture sales, fueled by 2 new models, jump 20% in March

April 8, 2013 06:01 CET
Dongfeng Peugeot Citroen Automobile Co.'s sales in March rose 20 percent year-on-year to 49,009 Peugeot and Citroen vehicles.
The company, a joint venture between PSA/Peugeot-Citroen and Dongfeng Motor Corp., attributed the increase to the two models it introduced in China in January: the stretched Citroen C4 and the Peugeot 3008.... Read More »

 

BMW mulls exports of China joint-brand cars

April 4, 2013 06:01 CET
BMW may export cars built under a new brand developed with Chinese partner Brilliance Automotive to mature and developing markets, global sales boss Ian Robertson said. BMW hadn’t decided which markets outside China the new brand would be sold in, but mature markets such as Europe hadn’t been ruled out, Robertson said.... Read More »

 

CHINA

Renault awaiting China OK on production, Ghosn says

March 28, 2013 11:51 CET
Renault CEO Carlos Ghosn says plans by the automaker to begin car production in China are awaiting final approval from the local authorities. Renault has signed a framework deal with Dongfeng Motor to build up to 300,000 cars annually in the country.... Read More »

 

China's Geely won't make final bid for Fisker stake, report says

8:33 am U.S. ET | March 18, 2013
China's Zhejiang Geely Holding Group will not bid for a majority stake in Fisker Automotive mainly due to the troubled U.S. electric car maker's obligations to the U.S. government, according to two sources familiar with the matter.... Read More »

 

PSA wants GM to share development of compressed-gas hybrids

March 8, 2013 06:01 CET
PSA/Peugeot-Citroen plans to talk to other carmakers including alliance partner General Motors about sharing development of low-cost compressed-gas hybrids.... Read More »

 

China is 10 years from fielding global, competitive automakers, report says

Feb. 23, 2013 06:01 CET
Chinese automakers are about a decade away from being globally competitive and will have to increase their spending on research and development to close the gap, a report said. GM, VW and Toyota are outspending Chinese brands on r&d and lead in engineering, said Bernstein analyst Max Warburton.... Read More »

 

China is 10 years from fielding global, competitive automakers, report says

11:04 am U.S. ET | Feb. 22, 2013
Chinese automakers are about a decade away from being globally competitive and will have to increase their spending on research and development to close the gap, according to Sanford C. Bernstein & Co.... Read More »

 

Fisker technology shouldn’t go to the Chinese, U.S. senator says

10:02 am U.S. ET | Feb. 20, 2013
The technology of Fisker Automotive, the plug-in hybrid carmaker that owes American taxpayers about $200 million, shouldn’t be sold to Chinese companies, Senator Charles Grassley said.... Read More »

 

Geely leads China bids for Fisker, report says

6:00 am U.S. ET | Feb. 18, 2013
China's Geely is favored to secure a majority stake in electric carmaker Fisker, according to sources. Fisker is said to be weighing bids from Chinese automakers Geely and Dongfeng.... Read More »

 

Geely leads China bids for Fisker, report says

Feb. 18, 2013 12:00 CET
China's Geely is favored to secure a majority stake in electric carmaker Fisker, according to sources. Fisker is said to be weighing bids from Chinese automakers Geely and Dongfeng.... Read More »

 

Fisker weighs offers from possible suitors, including Dongfeng, report says

11:05 am U.S. ET | Feb. 15, 2013
Fisker Automotive, the plug-in hybrid carmaker seeking a buyer, is weighing several bids, including a $350 million offer from Dongfeng Motor that would give the Chinese carmaker majority control, people with knowledge of the matter told Bloomberg.... Read More »

 

PSA-Dongfeng China JV aims for 14% sales growth in 2013

Jan. 29, 2013 12:03 CET
Dongfeng Peugeot Citroen, a 50-50 joint venture between PSA and Dongfeng in China, expects to increase sales 14 percent this year to 500,000 units as the company's third assembly plant launches production.... Read More »

 

PSA-Dongfeng China JV sells 8% more cars in 2012

Jan. 8, 2013 08:58 CET
PSA's joint venture with Dongfeng sold 440,000 cars in China in 2012, an 8 percent increase from the previous year, China's Xinhua news service reported. The venture produces the Citroen Elysee, C2, C4 and C5, plus the Peugeot 207, 307, 308, 408 and 508 models.... Read More »

 

Dongfeng, Getrag to form transmission JV

Oct. 26, 2012 10:46 CET
German transmission manufacturer Getrag will establish a joint venture in China with Dongfeng Motor Corp. to supply the state-owned Chinese automaker.... Read More »

 

2012 ANE CONGRESS

BMW tops in supplier relations, survey says

June 21, 2012 16:00 CET
BMW edged Porsche to finish No. 1 in the eyes of partsmakers in a new study on automaker-supplier relations. BMW finished on top with 617 out of a total 1,000 points in the 2012 Supplier Relationship (SuRe) index -- a ranking of 28 global automakers done by suppliers. The results were part of the 8th annual Automotive News Europe/IHS Automotive OEM-Supplier Relations Survey.... Read More »

 

Renault mulls upscale brands, further expansion as Europe sales fade

June 19, 2012 06:01 CET
Renault is considering adding two upscale brands and further expanding in emerging markets to decrease the automaker's reliance on Europe's shrinking volume car market, the carmaker's Chief Operating Officer Carlos Tavares said.... Read More »