#DONGFENG

Fuel Cells

New Toyota JV Targets Fuel Cell Trucks in China

Commercial vehicles could be the right application for fledgling technology

Marketing

Renault Yanks Car Brand Out of China

Pivot will better align Renualt’s expertise in EVs and light commercial vehicles with transportation trends in China, driven by urbanization, inner city transportation, and electrified commercial delivery.

Assembly

Volvo Sees a Ray of Hope…in China

Production and sales “very close to normal”

Business

PSA, Fiat Chrysler Agree to Merge

The auto industry contemplates its biggest merger ever, as Fiat Chrysler Automobiles and PSA Group formally agree to $47 billion deal.

Business

Report: Dongfeng to Cut Stake in PSA

Dongfeng Motor Group will reduce its stake in PSA Group to help the French carmaker clear U.S. regulatory hurdles ahead of a planned merger with Fiat Chrysler Automobiles.

Business

Nissan’s New CEO Touts Realistic Growth Goals

Makoto Uchida, who took over as CEO at Nissan Motor Co. today, says he aims to revive the company with new products and help from its 20-year-old alliance with Renault SA.

Business

Report: SKI Plans 2nd EV Battery Plant in China

South Korea’s SK Innovation Co. plans to construct a $1.1 billion battery plant in Yancheng, China. 

Business

PSA Confirms Sale of Stake in Changan Venture

PSA Group confirms it is selling its 50% stake in a carmaking venture with China’s Changan Automobile Group.

Business

How Will GM Lawsuit Impact FCA-PSA Merger?

The racketeering lawsuit General Motors filed this week against Fiat Chrysler Automobiles could rattle the merger FCA hopes to complete with PSA Group by year-end.

PSA, Changan to End Chinese Venture

PSA Group says its struggling joint venture with China’s Changan Automobile Group will be dissolved.

Nissan Names New Leadership Team

Nissan Motor Co.’s board has chosen Makoto Uchida, a senior vice president and former head of the company’s China operations, to take over as CEO.

Sales

PSA, Dongfeng Finalize Plan to Restructure JV

PSA Group says it is launching a restructuring plan for its 27-year-old carmaking venture with Dongfeng Motor Group in Wuhan, China, to cut costs and boost sales.

Assembly

PSA-Dongfeng Venture to Close 2 Plants in China

PSA Group and Dongfeng Motor Group plan to close two of their four joint-venture assembly plants in China and dismiss half the venture’s employees.

Business

Report: Dongfeng Motor May Sell PSA Stake

Dongfeng Motor Group reportedly is pondering the sale of some or all of its €2.2 billion ($2.5 billion) stake in PSA Group.

Hybrid

Chinese Startup Readies Luxury EV

Chinese electric vehicle startup Human Horizons (HH) plans to debut its first vehicle, the HiPhi 1, in early 2021.

Hybrid

Renault Launches EV Venture in China

Renault SA is investing in its 50:50 venture with Jiangling Motors Corp. to develop and build electric vehicles in China.

Sales

Nissan Names New U.S. Sales Chief

Nissan Motor Co. has chosen Airton Cousseau, managing director of its China venture with Dongfeng Motor Co., to take over U.S. sales and marketing on June 1.

Sales

Honda Says Its Sales in China Will Top U.S. by 2022

Honda Motor Co. CEO Takahiro Hachigo tells reporters the company’s car sales in China are likely to match U.S. demand in 2-3 years.

Sales

Report: Nissan Expects 8% Drop in Future Sales in China

Nissan Motor Co. now expects its China venture with Dongfeng Motor Corp. will sell 2.39 million vehicles in 2022, down 8% from its estimate late last year, sources tell Bloomberg News.

Business

Maxion, Dongfeng Form China Aluminum Wheel JV

Germany’s Maxion Wheels is forming a joint venture in China with Dongfeng Motor Parts and Components Group to build aluminum wheels for the local market.

PSA Names New Chief for China Operations

PSA Group has named Massimo Roserba, formerly CEO of its Italian operations, to head its joint venture in China.

Hybrid

Renault Partners with Third Chinese EV Maker

Renault SA has agreed to buy a “significant” stake in Jiangling Motors Co.’s JMEV electric vehicle unit.

Business

Nissan to Repatriate $1.1 Billion Cash from China Unit

Nissan Motor Co. reportedly will repatriate 7.5 billion yuan ($1.1 billion) from its joint venture in China as tensions rise with alliance partner Renault SA.

Sales

Domestic Brands Suffer as China Car Sales Sink

China’s domestic carmakers are taking the brunt of the country’s new-car sales slump, according to The Nikkei.