Search Results for "Dongfeng"

Gasgoo.com (Shanghai October 23) - Multinational automobile enterprises have been responding to favorable government policies encouraging development in China's western regions. Dongfeng Peugeot Citroën has already begun constructing its 12.3 billion RMB ($2.01b) fourth production site in Sichuan's capital of Chengdu. The site, which is designed to possess an annual production capacity of 360,000 vehicles, is scheduled to begin operation by the end of 2016. It will be responsible for producing premium SUV and minivan models for the Dongfeng Peugeot and Dongfeng Citroën lines. Other international manufacturers have also begun following suit, with VW, Toyota and Volvo have also begun establishing production sites of their own in the west of the country.

Gasgoo.com (Shanghai September 23) - As Infiniti nears domestic production, more details regarding its business model are being revealed. According a report appearing in the Beijing Morning Post, a direct joint venture will be formed between Dongfeng and Infiniti within the month. Much to the surprise of many in the industry, the partnership will completely cut out Dongfeng Nissan. How this will work given Chinese regulation that limit a foreign company to just two joint venture partnerships with Chinese companies remains to be seen.