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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 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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China factor in Paris

No Chinese automaker exhibited at this year’s Paris Motor Show (in fact none had ever done so at the biennial show). But many of the concepts and new models that made their global debuts at the show, which had a heavy European flavor and was home court advantage for the

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DPCA inaugurates Chengdu plant, starts production of Peugeot 4008

CHENGDU, Sichuan – Dongfeng-Peugeot-Citroën Automobile Co., Ltd. (DPCA) inaugurated its new plant in Chengdu, Sichuan Province on September 7 and began production of the Peugeot 4008 the same day. The Chengdu plant becomes the fourth plant in China for DPCA, which already has three plants in Wuhan, Hubei Province. It

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VW China’s 30 years of accomplishments: localization and self-defamatio

Although Volkswagen’s arrival in China in 1984 was a landmark event for the automobile industry, Shanghai-Volkswagen’s recent 30th anniversary celebration seemed quite low-key. Participants came from Volkswagen headquarters in Germany and were joined by top executives from SAIC and Shanghai-Volkswagen. But no government officials were present and there were only

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Robert Chan appointed general manager of DS brand

SHANGHAI – Chang’an-PSA Automobiles (CAPSA), a joint adventure between Chang’an Automobile Group and PSA Peugeot Citroën, announced on September 22 that Robert Chan will become the general manager of the DS brand. His predecessor, Arnaud Ribault, will take office of vice president global sales and marketing of the DS brand

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Dongfeng, PSA may expand operations in Russia, Brazil

China’s Dongfeng Motor and France’s PSA-Peugeut-Citroën recently finalized their strategic alliance agreement. Management indicated that not only would the company work together on the Asia-Pacific markets, but that they also hope to expand in Russia, Brazil and other emerging markets. The group’s next stop: Russia? Brazil?  Dongfeng and PSA signed

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