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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

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Groupe PSA acquires controlling interest in Chinese spare parts distributor Jianxin

SHANGHAI – Groupe PSA said in a statement on February 9 that it has acquired a controlling stake in Chinese automotive spare parts distributor Shanghai Jianxin Enterprise Management Co., Ltd. to accelerate the French automaker’s rollout of its aftermarket offerings in China, a market that represents about 130 million vehicles. By

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Groupe PSA becomes first foreign carmaker to launch a smartphone app for car loans in China

WUHAN – Groupe PSA has become the first foreign carmaker to launch a smartphone app for car loans in China, the French automaker said in a statement on January 25. The Dongfeng PSA Finance app, available for download on Android and iOS, uses different technologies such as electronic signatures, optical character

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