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Renault-Nissan and Dongfeng to set up new three-way JV to produce EVs

PARIS/BEIJING – The Renault-Nissan Alliance and Dongfeng Motor Group Co., Ltd. announced on August 29 that they have set up a new joint venture – eGT New Energy Automotive Co., Ltd. – to co-develop, produce and sell electric vehicles. Renault and Nissan will each hold 25 percent shares of eGT,

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DPCA announces 5A+ mid-term plan as Dongfeng and PSA strengthen strategic partnership

WUHAN, Hubei – Dongfeng-Peugeot-Citroën Automobile Co., Ltd. (DPCA), the 50:50 joint venture between Dongfeng Motor Corp. and PSA Group, announced its 5A+ mid-term business plan at a press conference here on May 11. The 5A+ mid-term business plan has three strategic objectives: to move DPCA into the top 3 ranking

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Dongfeng removes president because of graft probe

WUHAN, Hubei – Dongfeng Motor Group Co., Ltd. said in a statement on November 25 that it had removed Zhu Fushou from the position of president and authorized representative effective immediately. Li Shaozhu, an executive director, has been appointed authorized representative to succeed Zhu. Zhu Yanfeng, chairman of Dongfeng, will

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