- Reuters•4 months ago
PSA Peugeot Citroen and Dongfeng Motor said they signed an agreement on Wednesday to create a common platform to build electric cars for the Peugeot, Citroen, DS and Dongfeng brands from 2019. PSA added in a statement that Dongfeng Peugeot Citroen Automobile (DPCA) planned to generate revenue of more than RMB 100 billion yuan ($15.4 billion) by 2020, as well as "profitable, sustainable growth". Building on their two-year-old partnership, the carmakers plan to design an electric version of the common technology platform they have been developing since April 2015.
- Reuters•10 months ago
Honda had planned to start construction on a third plant with Dongfeng Motor Group Co this year but it may now start building the plant around 2017 and target to begin production no later than July 2018, Bloomberg reported, quoting Chen Binbo, vice president of Honda's joint venture with Dongfeng. A final decision will be made at the end of the year, Bloomberg said.
- Selerity Global Insight•last year
Summary: China’s National Development and Reform Commission (NDRC) will reportedly penalize auto maker Dongfeng Nissan for anti-trust violations, according to huaxia.com. Dongfeng Nissan has declined to comment. Why It Matters: Since last year, the Chinese government has being conducting anti-trust investigations into the auto industry. To date, the government has fined BMW, Audi, Chrysler, Benz, and
DONGFENG GROUP (0489.HK)
HKSE - HKSE Delayed Price. Currency in HKD
|Day's Range||8.14 - 8.85|
|52wk Range||7.51 - 12.00|
|1y Target Est||N/A|
|P/E Ratio (ttm)||5.18|
|Avg Vol (3m)||17,920,268|
|Dividend & Yield||N/A (N/A)|