The Dongfeng Motor Group is a Chinese state-owned auto manufacturer. The group manufactures passenger and commercial vehicles as well as automobile parts and equipment. In addition to manufacturing cars, the group also engages in financing and logistics. The company has a total sales volume of $82.8 billion in 2015 and ranks number one on the Global 500 list for six consecutive years. This article will discuss the main products and services of the Dongfeng Motor groups.
Dongfeng Motor Group Co., Ltd. is an automotive conglomerate headquartered in Wuhan, Hubei Province in central China. It has major production facilities in Wuhan, Guangzhou, and Xiangyang, and has fledgling operations in the Philippines and Vietnam. Dongfeng is expanding its overseas presence by establishing joint ventures with leading global carmakers, including Renault, Nissan, and Peugeot.
The Dongfeng Motor Group Company Limited is a Chinese automotive manufacturer. The company manufactures passenger cars, trucks, and engines, as well as automobile parts. Its products are sold in various countries and are marketed under various brands. The Dongfeng Motor Group has a history of innovation in automobile production. Its latest ventures are aimed at developing and manufacturing commercial vehicles and electric motors. In addition, the company also invests in R&D and production.
Dongfeng Motor Group – About the Dongfeng Motor Group
Dongfeng is the second largest automaker in China. Along with Shanghai Automotive Industry Corporation, it is the biggest state-owned automaker in the country. Its products include domestic and foreign models. In 2014, it sold 2.73 million vehicles. The Dongfeng Motor Group is also involved in joint ventures with other international automobile manufacturers. Its most significant joint venture is with PSA (Paris) and Kia.
The Dongfeng Motor Group is a Chinese automobile manufacturer. The company has several joint ventures with other automakers in North America. The Fengshen marque was launched in 2009 and introduced the S30 sedan. Dongfeng also produces cars in collaboration with foreign automakers. Dongfeng also has a significant presence in commercial vehicles. Dongfeng is a leader in the industry. Its products are made in many countries.
Dongfeng Motor Group is the parent company of several companies, including UD. Its flagship company, Dongfeng Motor Co., Ltd., produces passenger cars and light commercial vehicles. The company’s joint ventures are owned by other foreign companies. The Dongfeng Motor Group has also made a joint venture with Volvo to manufacture vans. Its other joint ventures include Dongfeng Peugeot-Citroen, Renault, and Yueda Kia.
In 2010, the joint venture between PSA Peugeot and Dongfeng was operating two production bases in Wuhan, one of which is dedicated to the manufacture of electric cars. Moreover, Dongfeng has a joint venture with the Renault-Nissan Alliance, which will build EVs in China. It has the potential to be a major force in the Chinese auto industry. But there are many challenges.
The Dongfeng Motor Group has already cut its production despite the ongoing economic crisis in China. Its massive growth has fueled a price war among domestic and foreign carmakers. The US automakers’ efforts to expand their businesses in China have caused a slew of price cuts in the country. The Chinese government is also threatening to take action against these companies for their inability to meet their targets.