dongfeng motor grp-h-uns adr (DNFGY) Key Developments
Dongfeng Motor Group Company Limited Presents at UBS 15th Greater China Conference, Jan-12-2015
Dec 29 14
Dongfeng Motor Group Company Limited Presents at UBS 15th Greater China Conference, Jan-12-2015 . Venue: Pudong Island Shangri-La, Shanghai, China.
Dongfeng Motor Group Company Limited, Special/Extraordinary Shareholders Meeting, Jan 22, 2015
Dec 7 14
Dongfeng Motor Group Company Limited, Special/Extraordinary Shareholders Meeting, Jan 22, 2015., at 14:00 China Standard Time. Location: Special No. 1 Dongfeng Road. Agenda: To consider and approve the company to apply for the registration and issue of medium-term notes by discretion.
PSA Peugeot-Citroen and Dongfeng Motor Launch New Compact Sport Utility Vehicle
Nov 25 14
PSA Peugeot-Citroen has together with its joint venture (JV) partner Dongfeng Motor launched a new compact sport utility vehicle (SUV). The new C3-XR was shown at the Guangzhou Motor Show and will go on sale in December, the automaker states. The C3-XR will be produced at Wuhan and will be available from launch with the THP 160 S&S engine coupled with the latest generation EAT6 automatic gearbox. The car has a starting price of CNY 110,000 (USD 18,000). The car is the only SUV among the seven locally produced Citroen-branded models in China. The C3-XR will be produced at the DPCA joint venture in the city of Wuhan in Hebei province at the Wuhan III plant, where the Citroen C-Elysee is also produced.
Dongfeng Motor Group Reports Earnings Results for the Nine Months Ended September 30, 2014
Nov 3 14
Dongfeng Motor Group reported earnings results for the nine months ended September 30, 2014. For the period, the company reported that net profit attributable to the owners of the parent company has risen 32.75% year on year to CNY 10.49 billion (USD 1.71 billion). Total operating revenue for the period rose 87% to CNY 48.68 billion. The company recorded CNY 1.22 earnings per share.
Dongfeng Motor and Huawei Partner for Connected, Self-Driving Cars
Oct 20 14
Dongfeng Motor and Huawei have launched a combined initiative to develop "internet-enabled cars". The two companies signed an agreement on 17 October 2014 to develop a product that can provide internet access for five mobile phones in a car. Called the "Windlink terminal", it will also feature a nine-inch screen, satellite navigation, and voice recognition. Meanwhile, the two companies also plan to develop future products that can "interlink the car with people, car with car, and car with cloud." They will also develop self-driving smart cars, according to the agreement.