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Dongfeng Nissan

(Redirected fromDongfeng Motor Company)

Dongfeng Motor Company Limited(abb.DFL), most commonly known in English-language sources asDongfeng Nissan,[nb 1]is a Chinese automobile manufacturing company headquartered inWuhan,Hubei.It is a 50–50joint-venturebetweenDongfeng Motor GroupandNissan Motors.It produces passenger cars under the Nissan marque and commercial vehicles under the Dongfeng marque.[1]

Dongfeng Motor Company Limited
Company typeJoint venture
IndustryAutomotive
FoundedShiyan,Hubei,China
9 June 2003;21 years ago(9 June 2003)[1]
Founder
Headquarters
Wuhan,Hubei
,
China
ProductsAutomobiles
Production output
Increase1,501,562[2](2017)
RevenueIncreaseCN¥169.144billion(2017)
IncreaseCN¥013.860 billion (2017)
Total assetsIncreaseCN¥141.409 billion (2017)
Total equityDecreaseCN¥041.256 billion (2017)
Owner
Dongfeng Motor Group(50%)[3]
Nissan(50%)[1][3]
Number of employees
Approximately 70,000[1]
SubsidiariesDongfeng Automobile Company[3]
Chinese name
Simplified ChineseĐông phong khí xa hữu hạn công tư
Traditional ChineseĐông phong khí xa hữu hạn công tư
Literal meaningDongfeng Motor Company Limited
Transcriptions
Standard Mandarin
Hanyu PinyinDōngfēng Qìchē Yǒuxiàn Gōngsī
Wade–GilesTung1-feng1Ch'i4-Ch'e1Yuh3-sien4Kung1-szu1
Websitewww.dfl.com.cn
Footnotes / references
Figures obtained fromDongfeng Motor Group's annual report; DFL's annual report was not disclosed;[4]production volume included subsidiaries

Name

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Dongfeng Motor Corporation(Chinese:Đông phong khí xa tập đoàn hữu hạn công tưand previouslyĐông phong khí xa công tư) is a separate legal entity from Dongfeng Motor Co., Ltd. (Chinese:Đông phong khí xa hữu hạn công tư). Dongfeng Motor Corporation is a Chinese, state-owned automaker while Dongfeng Motor Co., Ltd. is a joint venture between Dongfeng Motor Group (Chinese:Đông phong khí xa tập đoàn cổ phân hữu hạn công tư)[nb 2]and Nissan. Dongfeng Motor Co., Ltd. had a subsidiaryDongfeng Automobile Co., Ltd.(DFAC,Chinese:Đông phong khí xa cổ phân hữu hạn công tư) 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]

History

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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]

In September 2010, DFL unveiled a new automobile marque,Venucia(Chinese:Khải thần;pinyin:Qǐ Chén), 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 subsidiariesDongfeng Automobile CompanyforCN¥788 million.[13][14][15]

Production bases and facilities

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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][non-primary source needed]The Dalian location may be[citation needed]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]In 2018, Dongfeng Motor's overall sales volume reached 1.547 million vehicles, a year-on-year increase of 3.9%.

Subsidiaries

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As of 28 December 2020,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

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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,andNissan.

Dongfeng products

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  • Dongfeng Rich
  • Dongfeng Rich 6
  • Dongfeng Succe
  • Dongfeng Yufeng
  • Dongfeng Junfeng
  • Dongfeng Oting

Dongfeng Ruitaite products

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Electric commercial van products.

Fengdu products

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  • Fengdu MX3
  • Fengdu MX5
  • Fengdu MX6

Nissan products

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  • Nissan NV200
  • Nissan Navara
  • Nissan Terra

Footnotes

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  1. ^In Chinese sources,Dongfeng Nissan(Chinese:Đông phong nhật sản) most commonly refers to Dongfeng Nissan Passenger Vehicle Company, a DFL subsidiary.
  2. ^Also used the Chinese nameĐông phong khí xa hữu hạn công tưbefore the formation of the current Dongfeng Motor Co., Ltd.

References

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  1. ^abcde"Introduction".Dongfeng Motor Company Limited.Retrieved17 April2012.
  2. ^"Report on Production and Sales Volume of Dongfeng Motor Group for December 2017"(PDF)(Press release). Dongfeng Motor Group. 12 January 2018.Retrieved13 May2018– via Hong Kong Exchanges and Clearing website.
  3. ^abcd"2017 nián nián dù bào gào"2017 niên niên độ báo cáo[2017 Annual Report](PDF)(in Chinese (China)). Dongfeng Automobile Company. 31 March 2018.Retrieved13 May2018– via Shanghai Stock Exchange.
  4. ^"2017 Annual Report"(PDF).Dongfeng Motor Group. 27 April 2018. pp. 153–154.Retrieved12 May2018– via Hong Kong Exchanges and Clearing website.
  5. ^Fang Yan; Wills, Ken (27 March 2012)."UPDATE 1-Dongfeng 2010 net weak, outlook improves on Honda recovery".Reuters.Thomson Reuters.Retrieved5 April2017.
  6. ^abc"Dongfeng Motor Co Relocates HQ to Wuhan".China.org. 22 June 2006.Retrieved18 April2012.
  7. ^"Dongfeng Nissan unveils new China brand Venucia".Reuters. 8 September 2010.Retrieved18 April2012.
  8. ^"Dongfeng Nissan Launches First Self-developed Auto Model".CRI English. 8 September 2010. Archived fromthe originalon February 27, 2015.Retrieved18 April2012.
  9. ^"Nissan, Chinese partner to invest $9.6b in China".The Straits Times. 26 July 2011.Retrieved18 April2012.
  10. ^"Nissan, Chinese partner to invest $8B in China".Bloomberg Businessweek. 26 July 2011. Archived fromthe originalon 22 July 2012.Retrieved18 April2012.
  11. ^"Nissan to make premium Infiniti cars in China from 2014".Reuters. 20 April 2012. Archived fromthe originalon December 5, 2015.Retrieved20 April2012.
  12. ^"Nissan to build two Infiniti models in China".AFP. 20 April 2012. Archived fromthe originalon January 24, 2013.Retrieved20 April2012.
  13. ^"Guān yú zhuǎn ràng kòng gǔ zǐ gōng sī zhèng zhōu rì chǎn gǔ quán de guān lián jiāo yì gōng gào"Quan vu chuyển nhượng khống cổ tử công tư trịnh châu nhật sản cổ quyền đích quan liên giao dịch công cáo(PDF)(Press release) (in Chinese (China)). Dongfeng Automobile Company. 1 June 2017.Retrieved28 July2017– via Shanghai Stock Exchange.
  14. ^"Dōng fēng bǎn kuài tiáo zhěng: Yù lóng guǎn lǐ tuán duì chè chū bō lí zhèng zhōu rì chǎn zī chǎn"Đông phong bản khối điều chỉnh: Dụ long quản lý đoàn đội triệt xuất bác ly trịnh châu nhật sản tư sản.Tân kinh báo(in Chinese (China)). 26 June 2017.Retrieved13 April2018– via Sina news portal.
  15. ^"2017 Nián dì èr cì lín shí gǔ dōng dà huì jué yì gōng gào"2017 niên đệ nhị thứ lâm thời cổ đông đại hội quyết nghị công cáo(PDF)(Press release) (in Chinese (China)). Dongfeng Automobile Company. 29 June 2017.Retrieved28 July2017– via Shanghai Stock Exchange.
  16. ^"SOCIAL RESPONSIBILITY REPORT OF NISSAN'S SUBSIDIARIES IN CHINA (2015)"(PDF).nissan.com.cn.Chaoyang District, Beijing: Communications Management Division, Nissan (China) Investment Co Ltd. 2015. p. 05. Archived fromthe original(PDF)on 2016-12-03.Retrieved2017-04-07.
  17. ^"Nissan says to build new $785 mln China car factory".Reuters. 25 June 2012. Archived fromthe originalon March 6, 2016.Retrieved30 June2012.
  18. ^"Milestones".dfl.com.cn.Dongfeng Motor Company Limited. 2017.
  19. ^Sun, Tongtong (28 December 2020). Sun, Lei (ed.)."Đông phong hữu hạn chỉnh hợp thành lập 5 đại sự nghiệp bộ khải thần phẩm bài trọng hồi đông phong nhật sản"[DFL establishes five business units by integration, the Venucia marque returns to Dongfeng Nissan].nbd.com.cn(in Chinese).Retrieved6 January2021.
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