In December, Renault announced a joint venture with Dongfeng Motor to produce 150,000 vehicles a year in the central Chinese city of Wuhan. The initiative gives the French automaker its first major ma ...More
EJ Insight2014-01-07
Dongfeng Motor Group Co. Ltd. (00489.HK) sold 272,376 vehicles in 2013, up 3.48 percent year on year, it said in a company filing Monday. December sales were 25,780 units. The carmaker produced 258,08 ...More
EJ Insight2014-01-07
Trading volume may have been thin due to the holiday mood but that didn't stop tech giant Tencent (00700.HK) hitting a new high Friday. Tencent's bar was raised a day after foreign counterparts Facebo ...More
EJ Insight2013-12-27
There's upbeat news from two of China's top domestic carmakers, led by word that Dongfeng Motor (HKEx: 489) has finally signed a joint-venture deal to make sport utility vehicles (SUVs) with France's ...More
EJ Insight2013-12-18
French carmaker Renault SA plans to focus on building sport-utility vehicles in China with partner Dongfeng Motor Group Co. to tap into the growing demand in the country for larger passenger vehicles, ...More
EJ Insight2013-12-17
Dongfeng Motor Group Co. Ltd. (00489.HK) has reached a deal with PSA Peugeot Citroen to become a minority shareholder in the French carmaker, news website NetEase.com reported Thursday, citing newswir ...More
EJ Insight2013-12-13
A new format of alliance with foreign brands and an unconventional approach to jumpstart its own marque are some of the smart moves Dongfeng Motor Group Co. Ltd. (00489.HK) has made this year to crank ...More
EJ Insight2013-12-10
Dongfeng Motor Co. is negotiating the purchase of a stake in PSA/Peugeot-Citreon, Europe's second largest automaker, in what would be the most important foreign acquisition by a Chinese carmaker. In 2 ...More
EJ Insight2013-12-09
Dongfeng Motor Group Co.and Renault have received approval from China's top economic planner to start a US$1.3 billion carmaking venture, the Wall Street Journal reported Wednesday. Each will own 50 p ...More
EJ Insight2013-12-05
China's Dongfeng Motor Group is still weighing the benefits of investing in loss-making PSA Peugeot Citroen, Reuters quoted a top Dongfeng executive as saying. PSA is preparing a 3 billion euro (US$4 ...More
EJ Insight2013-10-28
The board of PSA Peugeot Citroën will meet later this month to consider a potential capital injection from Chinese partner Dongfeng Motor Corp., as the ailing French carmaker looks for financing to en ...More
EJ Insight2013-10-14
