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A merger of Dongfeng and Changan would represent a significant consolidation of China’s auto market, the world’s largest, and another sign of the country’s rapid embrace of electric vehicles.
HONG KONG (Reuters) -Shares of Dongfeng Motor soared as much as 85.8% in Hong Kong on Monday after the Chinese automaker said its parent was planning a restructuring, stoking speculation that some ...
China's Dongfeng Motor Group and Stellantis said on Thursday the automakers will expand their vehicle and component export business through an asset sale to capture the burgeoning China auto ...
Dongfeng Group shares jumped 26 per cent to HK$4.06 on Monday, while Changan Automobile climbed 4.7 per cent to 14.18 yuan. “The two companies’ announcements apparently point to a potential ...
Under the asset transfer deal, Dongfeng will acquire land use-rights and buildings in Wuhan and Xiangyang from Dongfeng Peugeot Citroën Automobile (DPCA), its joint venture with Stellantis, for 1 ...