Dongfeng Motor Group

Peugeot family approves draft Dongfeng deal, report says

Feb. 17, 2014 20:58 CET
PSA/Peugeot-Citroen's founding family gave the go-ahead on Monday for a 3 billion euro ($4.1 billion) tie-up with China's Dongfeng Motor that would draw a line under one of France's oldest industrial dynasties, sources said....
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Peugeot family vote on PSA's future, report says

Feb. 16, 2014 16:40 CET
The Peugeot family, the largest shareholder in PSA/Peugeot-Citroen, will meet on Monday to decide whether to give its blessing to two deals aimed at securing the French carmaker's future, a source said....
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PSA recalls 9,285 cars in China on brake issue

Feb. 14, 2014 10:48 CET
PSA's China joint venture with Dongfeng Motor will recall 9,285 cars due to contaminated brake fluid, China's quality watchdog said....
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BRUCE GAIN

French gov't will be 'decisive' PSA stakeholder

12:01 am U.S. ET | Feb. 13, 2014
The French government doesn't intend to be a silent partner when it takes an expected step to acquire a 14 percent stake in PSA/Peugeot-Citroen....
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PSA and Dongfeng reach outline deal, report says

Feb. 12, 2014 17:55 CET
PSA/Peugeot-Citroen has reached an outline deal with Dongfeng and the French government to raise up to 4 billion euros in fresh capital and deepen cooperation with the Chinese carmaker, sources said....
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Dongfeng confirms talks with PSA but says no deal reached

Feb. 10, 2014 10:47 CET
Dongfeng confirmed that it had held talks with PSA about a potential investment in the French carmaker, but said no agreement had yet been reached between the two groups....
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PSA-Dongfeng talks to enter final stage in China, report says

Feb. 7, 2014 20:34 CET
PSA/Peugeot-Citroen negotiators and French government officials are leaving for China this weekend, sources said, for what they hope will be a final round of tie-up negotiations with Dongfeng Motor....
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PSA board restates support for Dongfeng talks amid Peugeot family squabble

Feb. 6, 2014 21:27 CET
PSA is sticking to a $4.1 billion stock-sale plan it's negotiating with France and Dongfeng amid criticism by investors and Peugeot family members....
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PSA investor group criticizes terms of planned capital hike

Feb. 4, 2014 10:45 CET
French minority shareholders' group ADAM has written to PSA to criticize the terms of a planned capital hike that will see Dongfeng and the French state take big stakes in the carmaker....
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PSA's chairman seeks to protect family role in carmaker

Jan. 30, 2014 09:00 CET
PSA/Peugeot-Citroen Chairman Thierry Peugeot has written to his cousin Robert Peugeot, head of the Peugeot family holding, to criticize a planned tie-up with China's Dongfeng Motor that would dilute the family's influence, a report said....
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BRUCE GAIN

Is PSA about to become a 'three-headed monster'?

12:01 am U.S. ET | Jan. 21, 2014
PSA's planned recapitalization that would see Dongfeng and the French government join the Peugeot family as equal shareholders may create more problems than it solves for the struggling automaker....
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PSA board backs cash injection by Dongfeng, France gov't

Jan. 20, 2014 10:17 CET
PSA's board approved a deal to raise 3 billion euros ($4.1 billion) by selling stakes to Dongfeng and the French government. The deal, if completed, would represent a defining moment in the history of the automaker....
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PSA to decide on funds from Dongfeng, report says

Jan. 17, 2014 12:19 CET
PSA/Peugeot-Citroen's board was meeting Sunday to discuss a 1 billion euros ($1.4 billion) investment from Chinese automaker Dongfeng and the French state, sources said....
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PSA mulls new plant in China with Dongfeng

Jan. 17, 2014 10:16 CET
PSA is considering building a fourth car plant in China with its local joint venture partner, Dongfeng, to meet rising demand. PSA said it is in discussions with Dongfeng to raise the joint venture's production capacity as part of the automaker's plans to boost sales in the country....
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Renault will build SUVs in China with Dongfeng

Dec. 16, 2013 09:19 CET
Renault will build SUVs at its joint venture factory with Dongfeng as it targets to sell locally made vehicles in China by 2016....
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Renault will build SUVs in China with Dongfeng

3:19 am U.S. ET | Dec. 16, 2013
Renault will build SUVs at its joint venture factory with Dongfeng as it targets to sell locally made vehicles in China by 2016....
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Peugeot shares slump after GM move to sell 7% stake

6:04 am U.S. ET | Dec. 13, 2013
PSA Peugeot Citroen shares plunged Friday after GM announced plans to sell its entire Peugeot stake amid the struggling French carmaker's efforts to seek financial help from its Chinese partner....
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GM gives PSA backing for Dongfeng deal

Dec. 12, 2013 08:53 CET
PSA has won GM's backing for a tie-up with China's Dongfeng Motor, the French automaker said, adding that the partners have lowered the savings goals for their scaled-down European alliance....
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PSA and Dongfeng agree deal outline, report says

Dec. 11, 2013 17:57 CET
PSA and Dongfeng Motor have agreed on the main terms of an alliance backed by a $4.1 million to $5.5 billion capital injection for the French carmaker, the Financial Times reported....
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Renault-Dongfeng JV approved by China regulator

Dec. 5, 2013 14:12 CET
Renault said China's top economic planner has approved a joint venture between the automaker and Dongfeng to build and sell cars in China. The new venture plans to build 150,000 vehicles a year....
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Renault-Dongfeng joint venture approved by China regulator

Dec. 5, 2013 09:53 CET
Renault said China's top economic planner has approved a joint venture between the automaker and Dongfeng to build and sell cars in China. The new venture plans to build 150,000 vehicles a year....
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PSA names ex-Renault COO Tavares to succeed CEO Varin

3:13 am U.S. ET | Nov. 25, 2013
PSA Peugeot Citroen today named former Renault executive Carlos Tavares as its next CEO in a move that may help to secure new funding from Chinese partner Dongfeng....
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PSA said to discuss hiring ex-Renault COO Tavares to succeed CEO Varin

3:13 am U.S. ET | Nov. 25, 2013
PSA CEO Philippe Varin plans to step down next year and hire former Renault COO Carlos Tavares as his replacement, people familiar with the matter said. Varin wants Tavares to initially serve as his No. 2 while he focuses on completing talks with China's Dongfeng Motor to expand an existing partnership....
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PSA share sale hits snag as Dongfeng seeks smaller stake, report says

Nov. 20, 2013 16:34 CET
PSA/Peugeot-Citroen's plan to raise funds through a share sale have hit a snag as China's Dongfeng Motor seeks a smaller stake than first discussed, sources said....
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YANG JIAN

Beijing to automakers: Maintain the status quo

12:01 am U.S. ET | Nov. 18, 2013
Every five years the central committee of the Chinese Communist Party convenes to set social and economic policy goals for the country....
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