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