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Dongfeng Motor Company Limited
Type Joint venture
Founded 9 June 2003; 18 years ago (9 June 2003) (Shiyan)[1]
Founder(s)
Headquarters Wuhan, China
Industry Automotive
Products Automobiles
Production output increase 1,501,562[2]
Revenue (turnover) increase Template:CNY
Net income increase Template:CNY
Total assets increase Template:CNY
Total equity Template:CNY
Owner(s) Template:Aligned table
Employees Approximately 70,000[1]
Subsidiaries Dongfeng Automobile Company[3]
Website dfl.com.cn
Figures obtained from Dongfeng Motor Group's annual report; DFL's annual report was not disclosed;[4] production volume included subsidiaries

Dongfeng Motor Company Limited is a 50–50 joint-venture between Dongfeng Motor Group and Nissan Motors. It produces passenger cars under the Nissan marque and commercial vehicles under the Dongfeng marque.

Name

Confusingly, Dongfeng Motor Corporation and previously is a separate legal entity from Dongfeng Motor Co., Ltd.. Dongfeng Motor Corporation is a Chinese, state-owned automaker while Dongfeng Motor Co., Ltd. is a joint venture between Dongfeng Motor Group[nb 1] and Nissan. Dongfeng Motor Co., Ltd. had a subsidiary Dongfeng Automobile Co., Ltd. (DFAC) which also had a similar name with Dongfeng Motor Co., Ltd..

As of 2011, according to Reuters, about 68% of Dongfeng Motor Group products were connected to Nissan,[5] and, as of 2006, the company was being referred to as "the biggest Sino-foreign vehicle joint venture".[6] According to Dongfeng Motor Group, Dongfeng Motor Co., Ltd. (DFL) and it subsidiaries produced 1,501,562 units of vehicles in year 2017, out of Dongfeng Motor Group's 3,306,086 units from all its divisions, subsidiaries and joint ventures,[2] or 45% production volume of the listed portion of the whole Dongfeng Motor Corporation group. This figure did not distinguish licensed model from the production volume, but by legal person basis.

History

Dongfeng Motor Co., Ltd. (DFL) was formally established on 9 June 2003 and began operations on 1 July 2003.[1] Initially headquartered in Shiyan, it moved closer to its Chinese parent relocating to Wuhan in June, 2006.[6]

Sales targets in 2007 were in excess of 600,000 units.[6]

In September 2010, DFL unveiled a new automobile marque, Venucia to sell vehicles tailored specifically for second- and third-tier Chinese cities in the poorer interior of the country.[7][8]

In 2011, a roadmap for additional investment in Dongfeng Motor Co., Ltd. by its Japanese and Chinese parents was drawn up as part of a plan to boost annual sales from around 1.3 million vehicles in 2010 to over 2.3 million by 2015.[9][10] In April 2012, it was announced that Dongfeng Motor Co., Ltd. would begin manufacturing models from the range of Nissan's luxury marque, Infiniti, beginning in 2014.[11][12]

In 2017 the majority stake of Zhengzhou Nissan, was acquired from the listed subsidiaries Dongfeng Automobile Company for Template:CNY.[13][14][15]


Production bases and facilities

As of 2006, the company reportedly had factories in Hubei, Guangdong, the Guangxi Zhuang Autonomous Region, the Xinjiang Uygur Autonomous Region, and Zhejiang.[6]

As of 2015, a subsidiary, Dongfeng Nissan Passenger Vehicle Company, is listed as having a R&D center as well as a variety of factories including sites in: Dalian, Huadu, Xiangyang, and Zhengzhou.[16]Template:Primary source inline The Dalian location may be the same site that was in the planning stages as of 2012 and slated to produce Nissan-branded automobiles.[17]

A corporate campus and design center in Huadu, Guangzhou, was announced in 2017.[18]

Subsidiaries

As of 28 December 2020 (2020 -12-28), DFL had the following subsidiaries:

  • Dongfeng Automobile Company (60.1%)[3]
  • Dongfeng Nissan Passenger Vehicle Company
  • Zhengzhou Nissan Automobile Company
  • Dongfeng Infiniti Motor Company
  • Dongfeng Motor Parts and Components Group Company[19]

Products

After the majority stake of Zhengzhou Nissan, was acquired by Dongfeng Motor Co., Ltd., there are three brands of products sold under the firm, including Dongfeng, Fengdu, and Nissan.

Dongfeng products

Dongfeng Ruitaite products

Electric commercial van products.

Fengdu products

Nissan products

See also

Smallwikipedialogo.png This page uses some content from Wikipedia. The original article was at Dongfeng Motor Company. The list of authors can be seen in the page history. As with Tractor & Construction Plant Wiki, the text of Wikipedia is available under the Creative Commons by Attribution License and/or GNU Free Documentation License. Please check page history for when the original article was copied to Wikia



External links


  1. 1.0 1.1 1.2 "Introduction". Dongfeng Motor Company Limited.
  2. 2.0 2.1 Dongfeng Motor Group (12 January 2018). "Report on Production and Sales Volume of Dongfeng Motor Group for December 2017", http://www.hkexnews.hk/listedco/listconews/SEHK/2018/0112/LTN20180112354.pdf. Retrieved on . 
  3. 3.0 3.1 "2017 nián nián dù bào gào" (in zh-cn). Dongfeng Automobile Company (31 March 2018).
  4. "2017 Annual Report" 153–154. Dongfeng Motor Group (27 April 2018).
  5. "UPDATE 1-Dongfeng 2010 net weak, outlook improves on Honda recovery" (27 March 2012).
  6. 6.0 6.1 6.2 6.3 "Dongfeng Motor Co Relocates HQ to Wuhan", China.org (22 June 2006). 
  7. "Dongfeng Nissan unveils new China brand Venucia", Reuters (8 September 2010). 
  8. "Dongfeng Nissan Launches First Self-developed Auto Model", CRI English (8 September 2010). 
  9. "Nissan, Chinese partner to invest $9.6b in China", The Straits Times (26 July 2011). 
  10. "Nissan, Chinese partner to invest $8B in China", Bloomberg Businessweek (26 July 2011). 
  11. "Nissan to make premium Infiniti cars in China from 2014", Reuters (20 April 2012). 
  12. "Nissan to build two Infiniti models in China", AFP (20 April 2012). 
  13. Dongfeng Automobile Company (1 June 2017). "Guān yú zhuǎn ràng kòng gǔ zǐ gōng sī zhèng zhōu rì chǎn gǔ quán de guān lián jiāo yì gōng gào" (in zh-cn), http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2017-06-13/600006_20170613_1.pdf. Retrieved on . 
  14. "Dōng fēng bǎn kuài tiáo zhěng: Yù lóng guǎn lǐ tuán duì chè chū bō lí zhèng zhōu rì chǎn zī chǎn" (in zh-cn), 新京报 (26 June 2017). 
  15. Dongfeng Automobile Company (29 June 2017). "2017 Nián dì èr cì lín shí gǔ dōng dà huì jué yì gōng gào" (in zh-cn), http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2017-06-29/600006_20170629_1.pdf. Retrieved on . 
  16. "SOCIAL RESPONSIBILITY REPORT OF NISSAN'S SUBSIDIARIES IN CHINA (2015)". Communications Management Division, Nissan (China) Investment Co Ltd (2015).
  17. "Nissan says to build new $785 mln China car factory", Reuters (25 June 2012). 
  18. "Milestones". Dongfeng Motor Company Limited (2017).
  19. Sun, Tongtong (28 December 2020). "东风有限整合成立5大事业部 启辰品牌重回东风日产" (in zh). nbd.com.cn.


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