The Dongfeng Aeolus L60 ushers in China's "post-JV' era
The Dongfeng Aeolus (Fengshen) L60 launched to the market in Beijing on March 25 ushered in a new era in JV manufacturing in China. For the first time in China’s cooperation with multi-national OEMs, a Chinese brand developed jointly by Dongfeng Passenger Vehicle Co. (DFPV) and Dongfeng-Peugeot-Citroë
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BEIJING – Lotus Cars named Jian Peng as new director for sales across the Mainland China region, according to a company news release.
SHENZHEN – Chang’an PSA Automobile Co., Ltd. (CAPSA) announced on March 2 that Xu Jun will be the new sales and marketing vice president for CAPSA, succeeding Cai Jianjun, while Duan Lianxiang will be the new vice president for purchasing.
LONGKOU, Shandong – Shandong Longji Machinery Co., Ltd. (Shandong Longji) and SHW Automotive GmbH will form a joint venture, SHW Longji Brake Discs (Longkou) Co., Ltd.
AUBURN HILLS, Michigan – BorgWarner is adding a new production line in Ningbo, China to manufacture more exhaust gas recirculation (EGR) valves, according to a company news release.
China produced and sold 1,963,333 and 2,018,009 engines in December 2014, a rise of 3.31 and 4.54 percent from the previous year respectively, according to a report on automarket.
China sold more than 70,000 battery electric and plug-in hybrid vehicles in 2014, an increase of over 3 folds on a yearly basis.