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  Dongfeng Group acquires 75% stake in Dongfeng Peugeot Citroen

  Dongfeng Motor Group Co., Ltd. (hereinafter referred to as "Dongfeng Automobile Group") announced that it had entered into an equity transfer agreement with PFN and Citroen Automobile Co., Ltd. Under the equity transfer agreement, the company agreed to acquire, and PFN and Citroen agreed to transfer 25% and 50% of Dongfeng Peugeot Citroen Auto Finance Co., Ltd., respectively. At present, Dongfeng Automobile Group, PFN and Citroen hold 25%, 25% and 50% stake in Dongfeng Peugeot Citroen Auto Finance Co., Ltd., respectively. After the completion of the equity transfer and delivery, Dongfeng Automobile Group will acquire Dongfeng Peugeot.

  Dongfeng automobile 2022-04-13
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  Citroen great reform, Peugeot Citroen fully integrated

  From June 11 to 12, DPCA held a dealer conference in mid-2023, at which it announced a marketing change plan to prepare for a comprehensive electrified transformation. DPCA said: this marketing change is a positive move for DPCA to speed up the overall electrification transformation, with the aim of optimizing and streamlining the process.

  Automobile Dragon Dongfeng Brand Peugeot Citroen Dongfeng Peugeot Electric Target sales Group Unification Marketing New Energy Network 2023-06-14
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  Are you going to turn over? Sales of DPCA increased by 75% in the first half of the year compared with the same period last year.

  On June 30, joint venture brand Citroen Motor couldn't wait to release first-half sales figures. According to the DPCA poster, a total of 40558 units were sold in the first half of 2021, an increase of 75% over the same period last year, with a target completion rate of 105%. However, Citroen did not disclose specific brand sales, but according to sales analysis in the past month, Dongfeng Peugeot brand sales are much higher than Dongfeng Citroen brand. Although the sales volume of DPCA has increased significantly, its performance is only normal. As we all know, based on the impact of the epidemic on the domestic car market and Wuhan in the same period last year, in fact, the performance of DPCA is not very.

  Dragon car 2021-07-01
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  Sudden: Dong Anyin, former vice minister of Dongfeng Peugeot Marketing Department, is subject to supervision and investigation.

  On June 4, 2021, the auto industry reported that another former vice minister of Peugeot brand marketing was investigated as part of Dongfeng's deep anti-corruption efforts. This evening, the Disciplinary Inspection Commission of the CPC Dongfeng Automobile Group Co., Ltd., the Office of the State Supervisory Commission in Dongfeng Automobile Group Co., Ltd., and the Xianning Municipal Supervisory Commission issued a message: Dongfeng Peugeot Brand Marketing Department of Dongfeng Peugeot Automobile Co., Ltd., a joint venture company of Dongfeng Automobile Group Co., Ltd., Dong Anyin, former vice minister of Dongfeng Peugeot Brand Marketing Department, was suspected of serious job violations, and was designated by the Hubei Provincial Supervisory Commission to be under the jurisdiction. At present, it is being supervised and investigated by the Supervisory Committee of Chongyang County, Xianning City, and has been taken.

  Dongfeng Peugeot 2021-06-04
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  It is unlikely to terminate domestic production! Dongfeng Peugeot 408X will be released soon

  According to media reports, Dongfeng Peugeot will launch a new cross-border model, the Peugeot 408X, at the Guangzhou Auto Show in November, with an overall design similar to the Dongfeng Citroen Versailles C5X. It is understood that Dongfeng Peugeot New 408X is based on Peugeot EMP2 platform and will be launched worldwide early next year.

  Peugeot Automobile Factory Dragon Citroen Design Dongfeng Group different Brand Dongfeng Peugeot China Market Model production 2022-10-22
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  The latest appointment! Chinese executive Luo Ming serves as general manager of Dongfeng Peugeot brand

  Announced that since June 1st, Mr. Luo Ming will be the general manager and executive committee member of Dongfeng Peugeot Brand Department of DPCA Motor Co., Ltd. Mr. David GUERIN will be transferred back to Stellantis Group because of the expiration of his residency, and he will no longer serve as the general manager and executive committee member of Dongfeng Peugeot Brand Department of DPCA Motor Co., Ltd. According to previous reports, on November 18, 2019, DPCA announced that Li Guangtao, general manager of Dongfeng Peugeot brand department, would be transferred by David GUER..., former deputy general manager of Dongfeng Peugeot brand department.

  Dongfeng Peugeot 2021-06-02
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  The performance is declining! Dongfeng Motor may sell its shares in PSA.

  Dongfeng Motor is exploring options for its stake in Peugeot-Citroen (PSA), including a possible divestment, Bloomberg reported, citing people familiar with the matter. Dongfeng Motor owns about 12.2% of Mark Citroen, valued at 2.2 billion euros ($2.5 billion). Dongfeng Group has held talks with consultants in recent weeks to discuss how to liquidate some or all of its French car manufacturing trademark to PSA, according to people familiar with the matter. The company is exploring possible options for its shares, including a stake sale. People familiar with the matter also said that Dongfeng Motor plans to reduce its stake in the company.

  Performance car PSA decline Dongfeng sale 2019-08-08
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  Can you get out of the trough? The latest sales of DPCA are released.

  Before July is over, Dragon Motor can't wait to show you its sales record in July. On July 31, DPCA released the latest data showing that 10636 new cars were delivered in July 2022, a positive increase for 20 consecutive months compared with the same period last year. From January to July in 2022, a total of 66395 vehicles were delivered.

  Sales Peugeot Automotive Dongfeng Dragon models Dongfeng Peugeot New Citroen Val Market Versailles products Group Brand 2022-08-01
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  Will it sell well? Dongfeng Peugeot 408X listed

  At the Shanghai International Auto Show, Dongfeng Peugeot 408X officially launched four new models with a price range of 145700-179700 yuan. As a major global strategic model of Peugeot, the new car has been unveiled many times before, based on the Citroen Versailles C5X common platform EMP2 V3.

  Peugeot New car Dongfeng Automobile Dragon sales Citroen Brand Market Model aspect Design growth Dongfeng Peugeot body 2023-04-19
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  The cumulative sales of DPCA have exceeded that of last year.

  DPCA announced on its official Wechat account on Aug. 23 that its cumulative sales had reached 50277 units, surpassing the whole of last year and up 75% from the same period last year. According to KuaiBao, the sales disclosed by Dongfeng Automobile Group Co., Ltd., the cumulative sales of DPCA in 2020 was 50267, down 55.74% from the same period last year. Although DPCA's sales this year have exceeded that of last year, its performance is only normal. As we all know, based on the impact of the epidemic on the domestic car market and Wuhan in the same period last year, in fact, the performance of DPCA is not very optimistic. Compared with the more representative 2019.

  Dragon car 2021-08-24
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  Can we get back together? The sales of DPCA increased again in August.

  On September 1, DPCA announced a "good report" on August sales. The latest sales data show that DPCA delivered 10081 new cars in August 2022, increasing for 21 consecutive months compared with the same period last year; from January to August in 2022, a total of 76476 vehicles were delivered, an increase of 43% over the same period last year.

  Cars sales Dragon Peugeot models Dongfeng Versailles Dongfeng Peugeot Citroen products New Market growth Brand 2022-09-04
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  The Dragon car is separated?

  According to the Daily Business News, citing insiders, Citroen will adjust its internal structure, with its Peugeot brand dominated by France and Citroen brand dominated by China. In response to this report, DPCA responded: "at present, both shareholders are still negotiating, DPCA's share ratio will not be adjusted, but the internal division of labor may change." Data show that DPCA was founded on May 18, 1992, jointly funded by Dongfeng Motor and Peugeot Citroen, headquartered in Wuhan, Hubei Province. From the point of view of time, it is not too late for the establishment of DPCA, and the year 2022 happens to be the founding of DMC 3.

  Dragon car 2022-02-10
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  The sales volume of the "Yuan" plan has not improved, and it is reported online that the senior personnel of DPCA has changed.

  On November 14, media quoted people familiar with the matter as saying that Yan Li, the former deputy purchasing manager of DPCA, and Cheng Jun, the deputy general manager of the commercial enterprise, will no longer hold their original posts starting from the 12th. In addition, DPCA plans to reshuffle the senior management of Dongfeng Peugeot and Dongfeng Citroen. Among them, Li Guangtao, general manager of the brand department of Dongfeng Peugeot, will be transferred, and Green, the former deputy general manager of the brand department of Dongfeng Peugeot, will take over the post of general manager of the brand department. In terms of Dongfeng Citroen, Xiao Yifei, deputy general manager of Dongfeng Citroen, was transferred back to PSA, while Ren Guang, general manager of Dongfeng Citroen, remained unchanged. Dragon Motors said that the company's reform has been going on.

  Dragon car 2019-11-14
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  Halve compared with the same period last year! The latest sales of DPCA are announced.

  According to data released by Dongfeng Motor Co., Ltd., DPCA sold 6523 vehicles in September, down 53.22% from a year earlier, while cumulative sales in the previous September were 63774, down 29.47% from a year earlier. As a representative of French cars, Shenlong Automobile Co., Ltd. was established in May 1992.

  Sales cars Dragon Dongfeng Peugeot models products Versailles Citroen Marketing Dongfeng Peugeot Market New Energy Company 2023-10-15
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  Brand new 2008 domestic and other six new cars on the market, Peugeot Citroen still have hope?

  The performance of DPCA's Dongfeng Peugeot and Dongfeng Citroen remains in the doldrums. In response to years of market weakness, DPCA released a "yuan" recovery plan last year, and 2020 will be a turning point for the company. In terms of new cars, DPCA plans to launch a new generation of Peugeot 2008, Citroen C3L and four new energy products this year to further meet market demand. According to the new car launch plan, Dongfeng Peugeot 2008 will be the first to appear on the market. In order to speed up the progress of the new car launch, after the new 2008 was released abroad, domestic preparations have been launched in China, and the brand new 2008 has been launched in July last year. ...

  Dragon Dongfeng Peugeot new car on the market 2020-02-09
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  A flash in the pan! DPCA car sales fell again.

  According to data released by Dongfeng Motor Co., Ltd., DPCA sold 7766 vehicles in April, down 4.74% from a year earlier, including 4216 Dongfeng Peugeot, 3266 Dongfeng Citroen and 284 Dongfeng Fukang. In terms of specific models, the best-selling model of Dongfeng Peugeot brand is 40.

  Sales volume Citroen models Dongfeng cars Citroen brands subsidies level Dongfeng Peugeot Market New Energy Target Peugeot Price 2023-05-19
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  Dongfeng Motor responded to rumors of selling PSA shares, and may adopt OEM to optimize capacity utilization.

  Earlier, a person familiar with the matter revealed that Dongfeng was interested in selling its 12.2% stake in Peugeot Citroen and held talks to explore the form of the deal. It is said that negotiations on the sale of the stake are still at an early stage and it is uncertain whether an agreement can be reached. Dongfeng Motor will negotiate with Peugeot Citroen when it plans to reduce its stake in order to maintain the mode of cooperation between the two sides. The sale of its stake in PSA would be good for Dongfeng because its Peugeot Citroen project has been losing money and Peugeot Citroen sells much less in China than in other overseas markets, analysts said. For this message, there is.

  Car response PSA Dongfeng for sale 2019-08-09
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  The completion rate is only 28.53%! DPCA's cumulative sales fell 21% in the first half of the year.

  According to data released by Dongfeng Motor Co., Ltd., DPCA sold 7657 vehicles in June 2023, down 10.24% from a year earlier, while cumulative sales from January to June in 2023 were 44200, down 21.56% from a year earlier. Previously, DPCA had said it would challenge 15 in 2023.

  Cars Dragon sales Dongfeng Citroen models Peugeot Marketing products Brands companies subsidiaries Target Dongfeng Peugeot Val 2023-07-11
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  Will this established car company stop production in China altogether? make no comment

  Carmaker Stellantis may stop producing cars in China altogether. Carlos Tavares, CEO of Stellantis Group, said at the Paris Motor Show on October 17th that Stellantis Group was considering a location in China.

  Automobile Group China sales Peugeot Citroen Market Model Fick its Citroen Brand Dongfeng production Company 2022-10-18
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  23 in a row! The latest sales of DPCA are announced.

  On November 1st, DPCA released the latest sales figures. In October 2022, DPCA delivered 14589 new cars, an increase of 45 percent over the same period last year, which was the 23rd consecutive month of positive year-on-year growth. A total of 105102 vehicles were delivered from January to October in 2022, exceeding sales for the whole year of 2021. At this point, God

  Cars Dragon sales Dongfeng Peugeot models Versailles Group Dongfeng Peugeot Citroen Market New cars prices 2022-11-01