Overview
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Sectors Accounting / Finance
Company Description
IT’S ALL ABOUT TRUST Dongfeng GX’s first overseas MV is online!
Dongfeng is the 2nd largest automobile company in China and comes in the top 20 enterprises of the country. With 40+ years of experience in the industry, the brand has established deep national and international roots. It is directly managed by the central government of China and has assets over 325.6 billion yuan.
We only store the data that we need for the relevant purpose, or we create an alias or anonymize the data processed beyond what we require for the provision of our services to the extent possible. From the ultra-stylish Jolion, to the luxury-feature-packed H6, our SUVs are designed to put a smile on your face and deliver value through the whole ownership experience. We have already mentioned the figures for Zeekr, Deepal, and Avatr with their respective parent companies. Diamond Auto Group and Top Offroad want to make eco-friendly travel options available for those who want to drive around nature with minimal impact on the environment.
Our research is supported by 1.5 million datasets, thorough secondary research, and unique insights gained from interviews with industry experts. We offer ongoing and customized research services, featuring a variety of specialized packages designed to meet your specific needs, such as Market Entry Research, Competitor Tracking, Supplier & Distributor Packages, and many others. In October 2024, 3.05 million vehicles were sold in China across all drive types (+7%).
By first opening the channel for commodity vehicle dispatch and integrating transport resources inside and outside Hubei Province, DFCV has rapidly restored its transport capacity to the normal level. According to a sales express, Dongfeng Commercial Vehicle Company (DFCV) sold 16,374 medium & heavy-duty trucks in March, up 718 percent month on month, including 15,333 heavy-duty trucks and 1,041 medium-duty trucks. Dongfeng Commercial Vehicle has become ” the most reliable Chinese truck brand” with excellent vehicle technology and considerate exclusive services. In addition to Europe, dongfeng dump truck KC has been introduced to South America, Southeast Asia, and other markets and will continue to provide high-quality and reliable services to users worldwide and create more value. As of 2023,[update] Renault does not produce vehicles in China, but maintains small joint ventures that do not use Renault branding. Dongfeng and Renault both maintain a stake in EV startup BeyonCa.[102] Renault also has a technology deal with Geely and a 50% owned joint venture with Jiangling Motor (JMEV).
This action program, embodying the professional spirits, strategic thinking and value pursuit of DFM and all people of DFM, can serve as guidelines and norms for the practice and behaviors of the company and all the staff. On October 18th, 2014, the Dongfeng Nissan Passenger Vehicle Company Dalian Plant was officially put into production. With a total investment of RMB 5 billion, the plant’s Phase I is in a position to produce 150,000 units of vehicles per year.
By 2003, Dongfeng had established joint ventures with Kia Motors (Dongfeng Yueda Kia, 2002[20]), Honda (Dongfeng Honda, 2003[21]), and Nissan (Dongfeng Motor Co., Ltd., 2003[22]). As of 2011,[update] it had more Sino-foreign joint ventures than any other Chinese automaker,[8] and the 2013 creation of a partnership with French Renault means it retains this title today. This premier family camping event offers a plethora of activities not only for grown-ups but also for kids. Most excitingly, it features the biggest extreme off-road racing event in the country.
On the eve of the Auto Beijing 2018, Dongfeng 40 Ton Dumper Truck Motor Corporation released its brand strategy in Beijing. Feb 7, 2017, Venucia officially announced that according to a resolution of the board of directors of Dongfeng Motor Corporation and as approved by the State Administration for Industry and Commerce, Dongfeng Venucia Automobile Co., Ltd. was officially founded. It is learned that after the independence from Dongfeng Nissan Passenger Vehicle Co., Ltd., the brand Venucia will belong to a subsidiary of DFM, which will be the 7th subsidiary under DFM, at the same level with Dongfeng Nissan. On February 20th, 2014, the DFM R & D Center held a Launch Ceremony for its Phase II Capacity Construction Project. In light of the planning, the project will have a total built-up area of 125,000m2 and a total investment of RMB 2 billion; it is estimated to be put into service in 2016. On February 12th, 2007, ‘Dongfeng’ was honored as ‘The Most Competitive Brand of 2006 in the Market’ at the ‘Way for Chinese Brands’ event jointly sponsored by the Ministry of Commerce and CCTV.
Key players in the hydrogen powered transport market include Volkswagen Group, Toyota Motor Corporation, Bayerische Motoren Werke AG (BMW), Mercedes-Benz Group AG, General Motors Company, Honda Motor Co. Ltd., Hyundai Motor Group, SAIC Motor Corporation Limited, FAW Group Corporation, Audi AG, Kia Corporation, Volvo Group AB, Groupe Renault, Tata Motors Limited, Mazda Motor Corporation, Great Wall Motor Company Limited, Dongfeng Motor Corporation, MAN Truck & Bus SE, Beiqi Foton Motor Co. Ltd., Plug Power Inc., Dayun Group, Ballard Power Systems Inc., ZeroAvia Inc., Nikola Corporation, ULEMCo Limited, Hyperion Motors, Hyzon Motors Inc., Tevva Motors Ltd. The “Technological Leap” represents the flagship action in technological innovation, symbolizing the revolutionary development of clean energy and intelligent technology. As a state-level “enterprise technology center” in China, the Dongfeng Motor Technology Center will enable Dongfeng Motor to lead development by technical innovation with the support of its global research and development centers.