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Venucia’s “independence” and what it means for JV independent and Chinese brands

The establishment of Dongfeng Venucia Motor Co. as a wholly-owned subsidiary company under Dongfeng Motor Co., Ltd. (DFL), the 50:50 joint venture between Dongfeng Motor Group and Nissan Motor, and thus Venucia’s “spin off” from Dongfeng-Nissan is one of the first blockbuster news in the industry starting off the New Year

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Five behaviors may violate auto industry anti-monopoly rules

XIAMEN, Fujian – Five behaviors from OEMs and dealers may violate anti-monopoly rules in the auto industry, according to Xu Xinyu, director of No. 2 section of investigation at the Price Supervision Inspection & Anti-Monopoly Bureau under the National Development and Reform Commission (NDRC). Xu made the comments at the

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Dongfeng-Infiniti joint venture officially established in September

BEIJING – Chinese automaker Dongfeng Motor Corp. (DFM) and Japanese automaker Nissan have set up a 50:50 joint venture Dongfeng Infiniti Motor Co., Ltd., according to an Infiniti news release. Dr. Daniel Kirchert, managing director of Infiniti China, is appointed as president of the new JV, a wholly-owned subsidiary of

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China’s passenger vehicle sales up 12.7 percent in April

BEIJING – China’s passenger vehicle (PV, including car, MPV, SUV and microvan) sales in April 2014 rose 12.7 percent on a yearly basis to over 1.51 million units (see Table 1), according to latest data released by China Passenger Car Association (CPCA). Table 1: Sales of PVs in Apr. 2014

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