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Dongfeng Motor Corporation Ltd. is a Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei. Founded in 1969, it is currently the smallest of the "Big Four" state-owned car manufacturers of China with 671,000 sales in 2023, below SAIC Motor, Changan Automobile and FAW Group.
The company develops and markets vehicles under its own branding, such as Fengdu, Voyah, Aeolus, Forthing, as well as under foreign-branded joint ventures such as Dongfeng Honda, Dongfeng Nissan and Dongfeng Peugeot-Citroën (all via subsidiary Dongfeng Motor Group). In 2021, foreign-branded cars took 79% of sales. In addition to commercial and consumer vehicles, it also manufactures parts and cooperates with foreign companies.
As a state-owned enterprise of China, Dongfeng is controlled and managed by SASAC, which under Chinese law performs the functions of an investor.
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Disco Boy - 2024-03-29 00:00:00
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