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  Sudden: PSA Group announced that foreign employees were evacuated from Wuhan and transferred back to France after quarantine.

  In response to the COVID-19 epidemic in Wuhan, the Consulate General of the French Government in Wuhan announced that it would provide bus services to French nationals in Wuhan to facilitate their evacuation from Wuhan. Then, in response to the official announcement of the PSA Group, the PSA Group decided to transfer 38 foreigners working in Wuhan and their families back to their home country, and said that it would take appropriate measures with its joint venture partner Dongfeng Company to take good care of DPCA employees.

  PSA announced the transfer of foreign staff from Wuhan. 2020-01-26
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  PSA has agreed to lay off thousands of workers in China and "abandon" two factories in Wuhan.

  Peugeot-Citroen and partner Dongfeng have agreed to cut thousands of jobs in China while "abandoning" two assembly plants in Wuhan No. 1 and No. 2, Reuters reported, citing an internal document. The move is aimed at curbing huge losses as soon as possible in the face of depressed sales. Last month, Carlos Tavares, global president of Peugeot-Citroen, reached an agreement with Zhu Yanfeng, chairman of Dongfeng Motor, to close a plant in Wuhan and sell one, cutting the total number of employees in half to 4000, according to documents. Prior to this, the media quoted people familiar with the matter.

  Layoffs factories PSA 2019-08-10
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  With the joint venture disbanded, is there any hope that DS will launch this flagship car?

  The DS brand has almost faded out of sight in the Chinese market, and there is uncertainty about whether it will stay after the dissolution of the joint venture. A few days ago, the DS brand officially released a preview of the new model and revealed that the new car will be officially unveiled on February 24th. Based on this judgment, this may be the DS 9 flagship sedan previously exposed. In June 2019, foreign media reported that the DS brand would launch a new flagship car in the Chinese market to compete with the BMW 5-Series and Mercedes-Benz E-Class, with the same infrastructure as the Peugeot 508L and a longer wheelbase. In the new car declaration information released by the Ministry of Industry and Information Technology earlier, it was named D.

  DS Brand DS Group Peugeot Citroen 2020-02-22
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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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  Shenlong Automobile will be shut down this week, and the Wuhan factory will be sold.

  A few days ago, due to the decline in performance, DPCA has lost money in the Chinese market for years, and the news that it hopes to reduce losses and improve cash flow through factory closures and layoffs has finally been confirmed. According to China Business report, DPCA will begin to implement measures such as work stoppage and personnel diversion as soon as this week, and plans to relocate the Wuhan No. 1 plant to Wuhan No. 3 plant, where the former Wuhan No. 1 plant will be converted into commercial land. Previous internal documents showed that DPCA currently employs about 8000 people, and the company plans to reduce it to 5500 by the end of the year and 4000 by 2022. However, according to the person in charge of the Dragon car, the Dragon.

  Factory car Dragon implementation 2019-08-12
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  The double brands of DPCA are adjusted again, and China and France agree to improve the efficiency of decision-making.

  At a time when sales are plummeting, DPCA once again announced internal adjustments. On November 18, DPCA held an internal meeting to announce new departmental organizations and cadre appointments, including abolishing professional vice presidents and improving decision-making efficiency. Li Guangtao, general manager of Dongfeng Peugeot brand department, will be transferred and David GUERIN, former deputy general manager of Dongfeng Peugeot brand department, will take over as general manager of the brand department. Fr é d é ric CHAPUIS, deputy general manager of Dongfeng Citroen, was transferred back to PSA, and Ren Guang, general manager of Dongfeng Citroen, remained unchanged. Since then, two brands in the past, China and France each sent a high.

  Dragon car Peugeot Citroen 2019-11-19
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  Become history, Dongfeng Renault Motor Co., Ltd. officially changed its name.

  "Dongfeng Renault Automobile Co., Ltd." has officially changed its name to Dongfeng Automobile (Wuhan) Co., Ltd., Renault Co., Ltd. has completely withdrawn from the ranks of shareholders, which means that Dongfeng Renault has officially become history.

  Dongfeng Motor Renault 2020-09-07
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  An executive of DPCA was infected with novel coronavirus and died unfortunately.

  According to media sources, a few days ago, Shenlong Automobile Co., Ltd. issued an internal announcement that an executive died of infection with novel coronavirus. According to the announcement, Zhao Yao, deputy secretary of the party committee of Shenlong Automobile Co., Ltd., vice chairman of the trade union, minister of public relations administration and head of the Party and Mass work Department, died of infection with COVID-19. According to the information, Zhao Yao once served as deputy secretary of the party committee of Xiangyang factory of Shenlong company and factory director of gearbox branch. In October 2017, a large-scale personnel adjustment was carried out within DPCA, including Zhao Yao as head of the Public Relations Administration Department of DPCA. January 19, 2020. Dragon.

  Citroen Peugeot Citroen 2020-03-24
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  Will DPCA Motor or the introduction of the Opel brand repeat the same mistake or catch up from behind?

  After Fiat Chrysler Group (FCA) and France's Peugeot Citroen Group (PSA) reached a merger plan, Dongfeng Motor, the third largest shareholder of PSA Group, chose to reduce its stake in PSA to help PSA and FCA merge smoothly. It is understood that Dongfeng Motor holds a 12.2% stake in PSA Group, worth about 2.2 billion euros. After FCA and PSA set up a new company, Dongfeng Motor will have a 4.5% stake in the new company. Lu Haitao, deputy general manager of the strategic planning department of Dongfeng Motor Group Co., Ltd., responded to the reduction of PSA shares, saying that Dongfeng has always supported PSA and F.

  Dragon car 2019-12-26
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  How long can the legal PSA Group hold out if it continues to lose money in China?

  PSA Group (Peugeot-Citroen) recently announced a profit for the first half of 2020, with a net profit of 595 million euros (about 4.876 billion yuan) attributable to the parent company. Under the continuing influence of COVID-19 's epidemic, the company is clearly in better shape than many carmakers. But at the same time, PSA Group's business in China is losing money. On August 3, Dongfeng Group issued an announcement, learning from the financial report of PSA Group that in the first half of 2020, the operating income of the company's joint venture Citroen Motor Co., Ltd. and Dongfeng Peugeot Citroen Motor sales Co., Ltd. was 3 billion yuan, a decrease compared with the same period last year.

  Citroen Automobile PSA Group Peugeot Citroen 2020-08-03
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  Dongfeng Honda takes over the Dragon II Plant to prepare a new energy plant?

  According to Caijing Automotive, Dongfeng Honda has taken over the second plant of DPCA in Wuhan Economic and technological Development Zone, which has been transformed into a new factory specializing in pure electric cars. In addition, relevant reports quoted a source close to DPCA as saying: "at present, the production equipment in the DPCA II plant has been emptied, Dongfeng Honda will use the factory behind, and DPCA only retains the fountain and office building in front of the factory." For the above news, so far, Shenlong Motor and Dongfeng Honda officials have not responded to the public. It is understood that the annual planned production capacity of the second plant of DPCA is about 150000 vehicles, although Shenzhou.

  Dongfeng Honda 2022-02-08
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  The "withered" French brand has only 0.6% of the domestic market share from January to November.

  According to data released by the China Automobile Association, from January to January this year, German, Japanese, American and Korean passenger cars accounted for 24.3%, 21.6%, 9.1% and 4.5% of China's market share, respectively, with legal system having the lowest market share, with only 0.6% of the domestic market share, down more than half compared with the same period in 2018. At present, the legal brands in the domestic market mainly include Dongfeng Peugeot brand and Dongfeng Citroen brand of DPCA, DS brand of Changan PSA and Renault brand of Dongfeng Renault, but from the performance of these brands in the domestic market, only one word can be used.

  Dongfeng Renault Changan PSA Dongfeng Peugeot Citroen 2019-12-13
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  French car brands are in critical condition, one by one is getting worse.

  French car brands in 2019 have repeatedly stressed that they "will not withdraw from the Chinese market", but the more they emphasize, the more problems they will have. Shenlong Motor has closed its factory, Renault sales have plummeted, DS has been abandoned by Changan, and the days of French car brands in China have become more and more miserable, and one by one is getting worse. The China Automobile Association announced today that French brands have only 0.7% of the market share in China from January to October, down half from 2018. Peugeot, Citroen, Renault and DS together account for less than 1 per cent of the Chinese car market, so how can they survive in the cold winter of the car market? Dragon selling factory.

  French car Dragon car Dongfeng Renault 2019-11-11
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  Honda and PSA factories in China once again extended the shutdown time, almost no car production in February?

  With the expansion of the pneumonia epidemic infected by novel coronavirus, the impact on the automobile industry is far greater than expected, and carmakers have delayed returning to work one after another. The Honda and PSA joint venture plant, based in Wuhan, Hubei, today announced another extension of the plant shutdown, with Honda planning to postpone production until the 24th. Honda said on the 14th that according to the Hubei provincial government's plan, the resumption of production at Honda's plant in Wuhan was delayed by a week and planned to resume operations on the 21st and start production on February 24. This is the third time that Honda has postponed the resumption of work at Dongfeng Honda, a Wuhan plant, from February 14 to 17.

  Honda 2020-02-14
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  Peugeot-Citroen stressed again that it would not withdraw from the Chinese market and signed a joint venture contract until 2037.

  On June 12, Olivier, executive vice president of PSA Group and president of China, stressed to the media at the Dragon Automobile Communication Conference that PSA has a history of more than 200 years, has experienced critical moments such as World War I and World War II, and will not withdraw from the Chinese market because of short-term difficulties.

  PSA Dragon car 2020-06-13
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  1.6 billion sold all shares, Changan withdrew from the "Changan Peugeot Citroen" joint venture

  The news of the dissolution of Changan Peugeot Citroen (Changan PSA) has been basically confirmed, both sides of the shares have sold all their shares, all operations and factories in Shenzhen have been taken over, and the eight-year history of the joint venture will eventually come to an end. Chongqing Changan Automobile Co., Ltd. officially announced today that as of December 30, Shenzhen Qianhai Ruizhi Investment Co., Ltd. (hereinafter referred to as "Qianhai Ruizhi") submitted the registration materials and paid 831.3 million yuan for the down payment of 831.3 million yuan. The announcement shows that on December 30, 2019, Changan Automobile and Qianhai Ruizhi signed an equity transfer agreement.

  DS Chang'an Peugeot Citroen 2019-12-31
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  Many car companies have announced their withdrawal, and the survival difficulties of weak brands have fallen down one after another.

  With the continuous decline of sales volume, China's automobile market has entered the stage of stock competition. under the influence of many unfavorable factors, it has become a common phenomenon for automobile companies to make a substantial reduction in profits or even losses, and the automobile market is facing a severe test. SAIC, which has lost more than $10 billion in profits, believes that "from the perspective of the industry pattern, the concentration of the market is increasing, and weak brands are facing elimination." China's passenger car sales fell by as much as 9.3% in 2019 compared with the same period last year, falling into negative growth for two consecutive years. As the largest automobile group in China, SAIC recently released its 2019 performance report, which sold a total of 6.238 million vehicles, down 11.5% from the same period last year.

  Automobile market 2020-04-14
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  Brexit may cause PSA to close its UK factory and has sought a new factory site in Europe

  According to foreign media reports, the French car manufacturing trademark Citroen may stop all production at the Vauxhall plant in Ellesmere Port, UK, and transfer production to continental Europe instead. If Brexit succeeds, the British factory will not be able to make a profit. Tang Weishi, chief executive of PSA, said the company had selected a site in southern Europe for future production of Vauxhall Astra and Opel Astra models to prevent the UK from achieving unsatisfactory results when it officially launched the EU. PSA's move also led to the closure of its Cheshire plant in northwest England, which employs more than 1000.

  2019-07-29
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  The term of the joint venture is extended by 10 years, and DPCA introduces a new brand.

  Dongfeng said it had reached an agreement with Peugeot Citroen to extend the term of the joint venture Citroen. At the same time, under the agreement, DPCA will acquire the new brand introduced by PSA in China and will benefit from new technology and intellectual property rights.

  Citroen Peugeot Citroen 2019-12-20
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  How hard it is! After Changan Automobile, Peugeot Citroen will also sell 50% stake in Changan PSA

  According to media reports, a spokesman for French automaker PSA announced today that the company plans to sell 50 per cent of Changan Peugeot Citroen Motor Co., Ltd. (Changan PSA), a joint venture with Changan Motor. It is worth noting that Changan Automobile, as one of the partners of Changan PSA, disclosed the sale of 50 per cent of Changan Peugeot Citroen Motor Co., Ltd. at the Chongqing United property Exchange on October 28th. Learned from the Chongqing United property right Exchange, Changan Automobile formally submitted an application for listing transfer on November 19, with a listing price of 1.63 billion yuan.

  Changan Automobile DS 2019-11-29