Dongfeng Renault opens first plant in China, Wuhan plant opening Dongfeng Renault Automotive Company (DRAC) On February 1, 2016, Carlos Ghosn, Chairman and Chief Executive Officer of Groupe Renault, and Zhu Yanfeng, Chairman of Dongfeng Group, opened the Dongfeng Renault Automotive Company (DRAC) plant in Wuhan, Hubei Province. Just two years after the joint venture was formed, the first DRAC plant in China will start producing the Renault Kadjar, Renault’s latest SUV. The Re

PSA Peugeot Citroen's sales in China and Southeast Asia continued to slump in May, dropping 50 percent year on year to below 24,800. The French automaker did not release country-by-country sales figures but China accounts for nearly all of PSA's Asian volume. Last month, roughly 16,600 Peugeot models and 8,200 Citroen cars including 500 DS models were delivered in China and Southeast Asia, according to figures PSA disclosed on its website. Through May, PSA’s deliveries

Honda Motor Co.’s joint venture with China’s Dongfeng Motor Corp. plans to hire 2,200 workers this month to boost vehicle production and keep pace with fast-growing sales, the Nikkei news agency reported. The new employees will allow the partnership to maintain weekend output, according to Nikkei. Dongfeng Honda has 10,000 employees. With sales rising, employees are working overtime to ramp up production. The joint venture assembles the Civic, Spirior, Jade, Geriz and G

CHINA is aiming to become a world automaking powerhouse in a decade, vowing to boost development of new-energy vehicles and relax restrictions on foreign ownership in the auto industry. The country will strive to achieve breakthroughs in key technologies and markedly increase the share of Chinese brands in the international auto market by 2025, according to an auto industry development plan released yesterday by three government departments, including the Ministry of Industry

SHANGHAI - Elvis Presley, not lost in China! At the biggest-selling Cadillac dealership in China, customers react to the brand's image the way Cadillac hopes customers everywhere will. Famous names in imposing silver lettering adorn a "wall of honor" at Shanghai Brilliance Hutong Auto Sales Co. There is Marilyn Monroe, Muhammad Ali, Cindy Crawford, Barack Obama, Queen Elizabeth II and, of course, one of history's most famous Cadillac customers -- Elvis. It is a message the br

Industrial robots are in high demand in the automotive sector, and a research company is saying the market will grow to beyond $8 billion by 2021. In the report published by MarketsandMarkets, the market was estimated to be $5.07 billion in 2016, and is projected to grow to $8.44 billion by 2021, at a growth rate of 10.74 per cent. The full title of the study is Automotive Robotics Market by Type (Articulated, Cartesian, SCARA, Cylindrical), Component (Controller, Robotic Arm