Home > Dongfeng

January-May tractor market: mixed performance among top 10 players

The tractor segment of the heavy-duty truck market has been under a lot of pressure lately. Between January and May 559,000 heavy-duty trucks were sold, up 15.2 percent year-on-year. Tractors accounted for 40 percent of those sales, still the largest segment, but this is 15.9 percentage points lower than the

| | | | | | | | | | | Read More

May heavy-duty truck sales top 110,000 units, one million units likely for 2018

The heavy-duty truck market just witnessed its fourth month of record sales so far in 2018. About 114,000 heavy-duty trucks were sold in May, up 17 percent, while sales through to May topped 560,000 units, up 15 percent year-on-year, according to the latest manufacturer reported data obtained by cvworld.cn. May

| | | | | | | | | | Read More

DFM releases Dongfeng Brand Strategy, aims top 10 in global sales in 2025

BEIJING – Dongfeng Motor Corp. (DFM) announced its Dongfeng Brand Strategy here on April 23 and unveiled its new technology development, the Dongfeng Fengshen WindLink3.0 system, and a concept sports car the eπ, at the event. “This brand strategy, a fruit of over two years’ effort in drafting, research

| | | | | | | | | Read More

March heavy-duty truck sales hit new record of 132,000 units, turning point coming in June?

– by Xie Guangyao UPDATE: March heavy-duty truck sales reached a historical monthly record of 138,900 units, up 21.21 percent from a year ago, according to official data released by China Association of Automobile Manufacturers (CAAM) on April 11. Sales in the first three months totaled 323,400 units, up 13.85 percent. Another

| | | | | Read More

Chinese battery giant CATL’s $2 billion IPO approved

BEIJING – The China Securities Regulatory Commission (CSRC) has approved the $1.97 billion IPO application of Chinese lithium battery producer Contemporary Amperex Technology Co., Ltd. (CATL), according to a Xinhua news agency report on April 5. The Chinese securities regulator greenlighted the application at a meeting on April 4, according

| | | | | | | | | | | Read More

Webasto’s new Guangzhou plant to produce up to 1.6 million sunroofs annually

GUANGZHOU – Webasto opened its new, larger plant in Guangzhou, Guangdong Province on March 28 with an annual output capacity of up to 1.6 million sunroofs. A global top 100 supplier, Webasto has been present in Guangzhou since 2006 with sunroofs production. The previous site was leased. With the move into

| | | | | | | | Read More

Dongfeng and Groupe PSA establish leasing JV

WUHAN – Dongfeng Motor Group Co., Ltd. (DFG), Banque PSA Finance (BPF, the captive financing and mobility services provider of Groupe PSA) and Dongfeng-Peugeot-Citroën Automobiles (DPCA) signed a tripartite agreement here on March 23 to create a financial leasing joint venture to offer long-term leasing solutions with or without purchase

| | | | | | Read More

February heavy-duty truck sales tank, YTD sales still up

As expected, February heavy-duty truck sales tanked after a “strong” January performance. China sold about 68,000 heavy-duty trucks in February, down 21 percent year-on-year and about 38 percent off the record 109,600 units sold in January. Over the first two months of the year, sales were still up 5 percent to 177,600

| | | | | Read More