That has prompted the company to push a range of cost-reduction measures, including cutting all employees’ monthly salary to 10,000 yuan (US$1,408), cancelling the development of new vehicle models and suspending delivery of new orders, Ding wrote in the letter. On October 16th, 2014, the foundation of the Dongfeng Peugeot Citroen Automobile Company Co., Ltd. (DPCA) Plant No. 4 was laid in Chengdu City. With a total investment of RMB 12.3 billion and a total designed production capacity of 360,000 units/year, the DPCA Plant No. 4 will be established and put into production at the end of 2016. On September 19th, 2002, DFM and the Nissan Motor Company signed a comprehensive cooperation agreement which gave rise to a JV project with the largest scale, the deepest cooperative level and the broadest cooperative fields in China's automobile industry. On July 15th, 1978, the production base for the second automotive model - EQ140 5t Heavy-Duty Truck was established and put into production, realizing the transformation from military use to civil use.

This action program, embodying the professional spirits, strategic thinking and value pursuit of DFM and all people of DFM, can serve as guidelines and norms for the practice and behaviors of the company and all the staff. On October 18th, 2014, the dongfeng dump truck Nissan Passenger Vehicle Company Dalian Plant was officially put into production. With a total investment of RMB 5 billion, the plant’s Phase I is in a position to produce 150,000 units of vehicles per year.

In the previous month, the figure was 45.8 per cent; in October 2023, the NEV rate was 33.5 per cent. After falling to around 30 per cent at the beginning of the year, the rate has risen steadily, reaching a new record every month since the summer. If you exclude these, there are still 1.3 million new NEVs in China, which is also a record. Honda has been scaling back its workforce at joint ventures with Dongfeng Motor and Guangzhou Automobile Group this year and has halted production at some of its plants in a bid to make its operations more efficient.

By 2003, Dongfeng had established joint ventures with Kia Motors (Dongfeng Yueda Kia, 2002[20]), Honda (Dongfeng Honda, 2003[21]), and Nissan (Dongfeng Motor Co., Ltd., 2003[22]). As of 2011,[update] it had more Sino-foreign joint ventures than any other Chinese automaker,[8] and the 2013 creation of a partnership with French Renault means it retains this title today. This premier family camping event offers a plethora of activities not only for grown-ups but also for kids. Most excitingly, it features the biggest extreme off-road racing event in the country.

In the heavy truck market, this year's export market sales exceeded the total of last year, and it is predicted that the export of heavy trucks will reach 300,000 this year, showing the strong growth momentum achieved by Dongfeng commercial vehicles in the global market. What Emerging Trends Are Affecting The Size Of The Hydrogen Powered Transport Market? Key players in the hydrogen-powered transport market are creating innovative products, such as high-performance hydrogen fuel cell electric vehicle platforms, to enhance their competitive advantage.

Dongfeng Motor can provide customers with the most reliable and valuable product solutions with its full range of products. Dongfeng trucks are designed to deliver durable and reliable commercial vehicles that help boost small to big businesses. In the global setup, Dongfeng was established in 1969 and offers products for demanding operations, mining, and tough constructions. Legally, it is named as Dongfeng Commercial Vehicles Co Ltd. (DFCV), however, the company and its products are promoted under the brand name of Dongfeng Trucks.