Dongfeng Motor Group

PSA stakeholder Dongfeng removes president after gov't graft probe

Nov. 26, 2015 11:41 CET

Dongfeng said it removed President Zhu Fushou from his position after the government launched an investigation into the executive for suspected graft earlier this month. Dongfeng owns a 14.1 percent stake in France's PSA and has joint ventures with PSA, Renault, Nissan and Honda....
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Chinese automaker Dongfeng removes president under graft suspicion

7:43 am U.S. ET | Nov. 25, 2015

Dongfeng Motor Group said it removed President Zhu Fushou from his position, after the government launched an investigation on him for suspected graft earlier this month....
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Renault, Dongfeng to start China production of EV in 2017

Sept. 28, 2015 15:10 CET

Renault says it will produce an electric car for the China market with local partner Dongfeng based on the Fluence sedan....
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PSA will develop electric vehicle with Dongfeng

Sept. 16, 2015 10:54 CET

PSA/Peugeot-Citroen will develop an electric vehicle with Chinese partner Dongfeng, the French automaker's r&d head, Gilles Le Borgne, said....
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Saab owner will develop green cars with China's Dongfeng

Aug. 17, 2015 12:50 CET

China's Dongfeng and National Electric Vehicle Sweden (NEVS), which bought Saab Automobile in 2012, have signed an agreement to jointly develop green cars. NEVS will also help Dongfeng to develop its own brand cars to meet regulations and technical specifications of overseas markets including Europe and North America....
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PSA, Dongfeng plan to start production in Vietnam

May 21, 2015 11:12 CET

PSA/Peugeot-Citroen and its Chinese joint venture partner Dongfeng Motor Group will open an assembly plant in Vietnam and have already begun production in Malaysia....
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Dongfeng names new chairman amid merger reports

May 6, 2015 11:03 CET

Chinese automaker Dongfeng, which has a 14 percent stake in PSA, has appointed a former president of FAW Group as its new chairman amid reports the government is preparing to merge it with FAW, a joint venture partner of VW....
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Chinese automakers Dongfeng, FAW halt trading on merger reports

May 5, 2015 08:09 CET

Chinese automakers Dongfeng Motor, which has a 14 percent stake in PSA, and FAW Group, a joint venture partner of VW, today halted trading in shares of their listed subsidiaries, with Dongfeng saying it checked into reports that the two companies would merge....
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PSA reports 5% Q1 revenue increase; raises Europe market forecast

April 29, 2015 08:14 CET

PSA said first-quarter revenue rose 4.6 percent from a year earlier as deliveries increased in China. The company raised its full-year European auto market growth forecast to 4 percent....
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Peugeot family to meet over future of its PSA stake, report says

April 27, 2015 11:27 CET

The Peugeot family plans to hold a meeting in June to work out its differences over the future of its 14.1 percent stake in PSA/Peugeot-Citroen, a newspaper reported today....
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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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