The Truth About Cars » Dongfeng http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Tue, 09 Feb 2016 19:20:56 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars » Dongfeng http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Electric Saab 9-3 Lives On As Turkey’s ‘National Car’ http://www.thetruthaboutcars.com/2015/10/electric-saab-9-3-lives-turkeys-national-car/ http://www.thetruthaboutcars.com/2015/10/electric-saab-9-3-lives-turkeys-national-car/#comments Mon, 19 Oct 2015 21:00:22 +0000 http://www.thetruthaboutcars.com/?p=1200617 The Turkish Science, Industry and Technology ministry announced last week that it had purchased the intellectual property rights — but not naming rights — to the second-generation Saab 9-3 that was most recently produced by National Electric Vehicle Sweden, according to Digital Trends. According to the ministry, the car will be produced with 85 percent of its […]

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The Turkish Science, Industry and Technology ministry announced last week that it had purchased the intellectual property rights — but not naming rights — to the second-generation Saab 9-3 that was most recently produced by National Electric Vehicle Sweden, according to Digital Trends. According to the ministry, the car will be produced with 85 percent of its […]

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Saab is the Automotive Kiss of Death, Apparently http://www.thetruthaboutcars.com/2015/08/saab-automotive-kiss-death-apparently/ http://www.thetruthaboutcars.com/2015/08/saab-automotive-kiss-death-apparently/#comments Tue, 18 Aug 2015 19:00:13 +0000 http://www.thetruthaboutcars.com/?p=1145401 The resurrected Swedish automaker producing electric 9-3s with a Saab badge signed an agreement with Dongfeng Motor Corporation to help stay afloat, GoAuto in Australia is reporting. National Electric Vehicle Sweden, the Chinese company that purchased the remains of Saab after its parent company Spyker went bankrupt, announced that it would distribute electric cars in China […]

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The resurrected Swedish automaker producing electric 9-3s with a Saab badge signed an agreement with Dongfeng Motor Corporation to help stay afloat, GoAuto in Australia is reporting. National Electric Vehicle Sweden, the Chinese company that purchased the remains of Saab after its parent company Spyker went bankrupt, announced that it would distribute electric cars in China […]

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New PSA Boss Tavares Prepares To Rebuild Company http://www.thetruthaboutcars.com/2014/04/new-psa-boss-tavares-prepares-to-rebuild-company/ http://www.thetruthaboutcars.com/2014/04/new-psa-boss-tavares-prepares-to-rebuild-company/#comments Mon, 14 Apr 2014 14:15:58 +0000 http://www.thetruthaboutcars.com/?p=797482 Though PSA Peugeot Citroen secured funding in a three-way deal between itself, the French government and Dongfeng, new boss and former Renault COO Carlos Tavares has a hard road ahead of him as he rebuilds the ailing automaker. Reuters reports Tavares will focus using the joint venture it shares with Dongfeng to go after 1.5 […]

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Though PSA Peugeot Citroen secured funding in a three-way deal between itself, the French government and Dongfeng, new boss and former Renault COO Carlos Tavares has a hard road ahead of him as he rebuilds the ailing automaker. Reuters reports Tavares will focus using the joint venture it shares with Dongfeng to go after 1.5 […]

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Fushou: Donfeng’s Dragon Won’t Eat PSA’s Lion http://www.thetruthaboutcars.com/2014/03/fushou-donfengs-dragon-wont-eat-psas-lion/ http://www.thetruthaboutcars.com/2014/03/fushou-donfengs-dragon-wont-eat-psas-lion/#comments Mon, 17 Mar 2014 12:08:15 +0000 http://www.thetruthaboutcars.com/?p=773753 In light of fears regarding the three-way deal between Dongfeng, PSA Peugeot Citroen and the French government leading toward a time where Dongfeng would take the reins of the ailing automaker, CEO Zhu Fushou assured his company would not do so. Automotive News Europe reports in an interview between Fushou and French newspaper L’Alsace, the […]

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In light of fears regarding the three-way deal between Dongfeng, PSA Peugeot Citroen and the French government leading toward a time where Dongfeng would take the reins of the ailing automaker, CEO Zhu Fushou assured his company would not do so. Automotive News Europe reports in an interview between Fushou and French newspaper L’Alsace, the […]

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PSA-Dongfeng Deal Backed By EU, Skepticism Remains http://www.thetruthaboutcars.com/2014/02/psa-dongfeng-deal-backed-by-eu-skepticism-remains/ http://www.thetruthaboutcars.com/2014/02/psa-dongfeng-deal-backed-by-eu-skepticism-remains/#comments Fri, 21 Feb 2014 17:00:40 +0000 http://www.thetruthaboutcars.com/?p=751025 The PSA Peugeot Citroen-Dongfeng-French government deal agreed upon by the three parties earlier this week received initial backing from the European Union, though skepticism remains as to whether the deal will bring stability to the ailing French automaker. Bloomberg and Automotive News Europe report French Finance Minister Pierre Moscovici received a letter of initial backing […]

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The PSA Peugeot Citroen-Dongfeng-French government deal agreed upon by the three parties earlier this week received initial backing from the European Union, though skepticism remains as to whether the deal will bring stability to the ailing French automaker. Bloomberg and Automotive News Europe report French Finance Minister Pierre Moscovici received a letter of initial backing […]

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Tavares-Led Peugeot Gains 5.27 Billion Euro Makeover http://www.thetruthaboutcars.com/2014/02/tavares-led-peugeot-gains-5-27-billion-euro-makeover/ http://www.thetruthaboutcars.com/2014/02/tavares-led-peugeot-gains-5-27-billion-euro-makeover/#comments Thu, 20 Feb 2014 17:00:10 +0000 http://www.thetruthaboutcars.com/?p=749857 Former Renault executive and incoming PSA Peugeot Citroen CEO Carlos Tavares aims to use the 3 billion euro investment made in the three-way pact between the automaker, the French government and Dongfeng as part of a 5.27 billion euro makeover of the automaker’s line of vehicles over the long-term. Bloomberg reports Tavares is directing Peugeot […]

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Former Renault executive and incoming PSA Peugeot Citroen CEO Carlos Tavares aims to use the 3 billion euro investment made in the three-way pact between the automaker, the French government and Dongfeng as part of a 5.27 billion euro makeover of the automaker’s line of vehicles over the long-term. Bloomberg reports Tavares is directing Peugeot […]

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PSA-Donfeng Deal Injects New Capital, Extended Life Into Peugeot http://www.thetruthaboutcars.com/2014/02/psa-donfeng-deal-injects-new-capital-extended-life-into-peugeot/ http://www.thetruthaboutcars.com/2014/02/psa-donfeng-deal-injects-new-capital-extended-life-into-peugeot/#comments Wed, 19 Feb 2014 06:23:50 +0000 http://www.thetruthaboutcars.com/?p=747585 The 3 billion euro ($4.1 billion USD) three-way deal between PSA Peugeot Citroen, Dongfeng and the French government, signed this week, is set to inject new capital and a much needed life extension for Peugeot, though at the expense of the Peugeot family ceding control after two centuries. Reuters reports Dongfeng and the French government […]

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The 3 billion euro ($4.1 billion USD) three-way deal between PSA Peugeot Citroen, Dongfeng and the French government, signed this week, is set to inject new capital and a much needed life extension for Peugeot, though at the expense of the Peugeot family ceding control after two centuries. Reuters reports Dongfeng and the French government […]

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PSA-Dongfeng Deal Approved, Chairman Urged To Scrap Deal http://www.thetruthaboutcars.com/2014/02/psa-dongfeng-deal-approved-chairman-urged-to-scrap-deal/ http://www.thetruthaboutcars.com/2014/02/psa-dongfeng-deal-approved-chairman-urged-to-scrap-deal/#comments Tue, 18 Feb 2014 14:16:06 +0000 http://www.thetruthaboutcars.com/?p=743681 The founding family behind PSA Peugeot Citroen has approved the 3 billion euro ($4.1 billion USD) deal between the French government and Chinese automaker Dongfeng just an industry analyst penned an open letter for PSA chairman Thierry Peugeot to reconsider before it becomes too late to turn back. Automotive News and Reuters report the deal […]

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The founding family behind PSA Peugeot Citroen has approved the 3 billion euro ($4.1 billion USD) deal between the French government and Chinese automaker Dongfeng just an industry analyst penned an open letter for PSA chairman Thierry Peugeot to reconsider before it becomes too late to turn back. Automotive News and Reuters report the deal […]

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PSA Peugeot Citroen, Dongfeng, France Reach Outline Deal http://www.thetruthaboutcars.com/2014/02/psa-peugeot-citroen-dongfeng-france-reach-outline-deal/ http://www.thetruthaboutcars.com/2014/02/psa-peugeot-citroen-dongfeng-france-reach-outline-deal/#comments Thu, 13 Feb 2014 16:30:36 +0000 http://www.thetruthaboutcars.com/?p=740649 PSA Peugeot Citroen, Dongfeng and the French government have reached an outline deal to raise $5.5 billion in capital through a planned share sale in a last-ditch effort by PSA to remain alive after General Motors walked out of a similar deal over the Iranian market last year. Reuters reports the deal will be presented […]

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PSA Peugeot Citroen, Dongfeng and the French government have reached an outline deal to raise $5.5 billion in capital through a planned share sale in a last-ditch effort by PSA to remain alive after General Motors walked out of a similar deal over the Iranian market last year. Reuters reports the deal will be presented […]

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PSA Board Holding To Dongfeng, French Government Stock-Sale Plan http://www.thetruthaboutcars.com/2014/02/psa-board-holding-to-dongfeng-french-government-stock-sale-plan/ http://www.thetruthaboutcars.com/2014/02/psa-board-holding-to-dongfeng-french-government-stock-sale-plan/#comments Fri, 07 Feb 2014 15:48:19 +0000 http://www.thetruthaboutcars.com/?p=736305 With PSA Peugeot Citroen’s supervisory board’s blessing, CEO Philippe Varin is continuing talks with partner Dongfeng regarding the stock sale to both the Chinese automaker and the French government. In a release made by the French automaker this week, the board expressed their full support for the plan, with the aim for approval by February […]

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With PSA Peugeot Citroen’s supervisory board’s blessing, CEO Philippe Varin is continuing talks with partner Dongfeng regarding the stock sale to both the Chinese automaker and the French government. In a release made by the French automaker this week, the board expressed their full support for the plan, with the aim for approval by February […]

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Tavares Could Take Reins at PSA Peugeot Citroen in March http://www.thetruthaboutcars.com/2014/01/tavares-could-take-reins-at-psa-peugeot-citroen-in-march/ http://www.thetruthaboutcars.com/2014/01/tavares-could-take-reins-at-psa-peugeot-citroen-in-march/#comments Mon, 27 Jan 2014 12:00:41 +0000 http://www.thetruthaboutcars.com/?p=724730 Sources close to the situation tell Reuters that Carlos Tavares, Carlos Ghosn’s former second in command at Renault, could start running rival PSA Peugeot Citroen as soon as March. Tavares officially joined PSA as CEO-in-waiting on Jan. 1. According to Reuters, Peugeot had previously said only that Tavares would take over sometime this year. Peugeot […]

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Sources close to the situation tell Reuters that Carlos Tavares, Carlos Ghosn’s former second in command at Renault, could start running rival PSA Peugeot Citroen as soon as March. Tavares officially joined PSA as CEO-in-waiting on Jan. 1. According to Reuters, Peugeot had previously said only that Tavares would take over sometime this year. Peugeot […]

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GM Sells PSA Peugeot Citroen Stake For A $150 Million Gain, Blesses Dongfeng/PSA Tie-Up http://www.thetruthaboutcars.com/2013/12/gm-sells-psa-peugeot-citroen-stake-for-a-150-million-gain-blesses-dongfengpsa-tie-up/ http://www.thetruthaboutcars.com/2013/12/gm-sells-psa-peugeot-citroen-stake-for-a-150-million-gain-blesses-dongfengpsa-tie-up/#comments Fri, 20 Dec 2013 10:00:45 +0000 http://www.thetruthaboutcars.com/?p=684290 General Motors sort of has a reputation for bad investments in Europe. In 2000, GM made a deal with Fiat wherein Fiat sold 20% of Fiat Auto to GM for $2.4 billion and the Italian automaker took a 6% stake in GM. GM also received a put option which in certain circumstances would have obligated […]

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General Motors sort of has a reputation for bad investments in Europe. In 2000, GM made a deal with Fiat wherein Fiat sold 20% of Fiat Auto to GM for $2.4 billion and the Italian automaker took a 6% stake in GM. GM also received a put option which in certain circumstances would have obligated […]

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PSA Hires Ex-Renault COO Tavares As Next CEO http://www.thetruthaboutcars.com/2013/11/psa-hires-ex-renault-coo-tavares-as-next-ceo/ http://www.thetruthaboutcars.com/2013/11/psa-hires-ex-renault-coo-tavares-as-next-ceo/#comments Tue, 26 Nov 2013 16:45:37 +0000 http://www.thetruthaboutcars.com/?p=663874 PSA confirmed that former Renault COO Carlos Tavares will take over the reins starting January 1st. Tavares assumes the role at a fortunate point in time for PSA: an alliance with Chinese car maker Dongfeng is underway, and Tavares’ predecessor, Philippe Varin, has already completed the difficult task of closing factories and cutting thousands of […]

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PSA confirmed that former Renault COO Carlos Tavares will take over the reins starting January 1st. Tavares assumes the role at a fortunate point in time for PSA: an alliance with Chinese car maker Dongfeng is underway, and Tavares’ predecessor, Philippe Varin, has already completed the difficult task of closing factories and cutting thousands of […]

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PSA: Business Model for Joint Small Car With GM “Just Wasn’t There” http://www.thetruthaboutcars.com/2013/10/psa-business-model-for-joint-small-car-with-gm-just-wasnt-there/ http://www.thetruthaboutcars.com/2013/10/psa-business-model-for-joint-small-car-with-gm-just-wasnt-there/#comments Thu, 24 Oct 2013 11:00:32 +0000 http://www.thetruthaboutcars.com/?p=632802 In the wake of news that China’s Dongfeng Motors is going to take an equity stake in PSA/Peugeot Citroen, the French automaker says that it is scaling back its alliance with General Motors, which owns 7% of PSA. PSA said that a planned joint subcompact platform that was seen as the basis of the tie-up with […]

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In the wake of news that China’s Dongfeng Motors is going to take an equity stake in PSA/Peugeot Citroen, the French automaker says that it is scaling back its alliance with General Motors, which owns 7% of PSA. PSA said that a planned joint subcompact platform that was seen as the basis of the tie-up with […]

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Reuters: Dongfeng/PSA Tie-Up Resulted From GM Scaling Back Cooperation http://www.thetruthaboutcars.com/2013/10/reuters-dongfengpsa-tie-up-resulted-from-gm-scaling-back-cooperation/ http://www.thetruthaboutcars.com/2013/10/reuters-dongfengpsa-tie-up-resulted-from-gm-scaling-back-cooperation/#comments Tue, 15 Oct 2013 14:58:58 +0000 http://www.thetruthaboutcars.com/?p=624193 Reuters is reporting that the reason behind PSA/Peugeot Citroen’s financial tie-up with China’s Dongfeng Motors was the decision of General Motors, which owns 7% of the French automaker, to scale back cooperation with Peugeot. GM also apparently rejected a PSA/Opel merger backed by the French government. In February of 2012, GM announced its investment in […]

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Reuters is reporting that the reason behind PSA/Peugeot Citroen’s financial tie-up with China’s Dongfeng Motors was the decision of General Motors, which owns 7% of the French automaker, to scale back cooperation with Peugeot. GM also apparently rejected a PSA/Opel merger backed by the French government. In February of 2012, GM announced its investment in […]

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Dongfeng Motors, French Government to Buy Stakes in PSA http://www.thetruthaboutcars.com/2013/10/dongfeng-motors-french-government-to-buy-stakes-in-psa/ http://www.thetruthaboutcars.com/2013/10/dongfeng-motors-french-government-to-buy-stakes-in-psa/#comments Mon, 14 Oct 2013 14:34:29 +0000 http://www.thetruthaboutcars.com/?p=622793 Reuters has reported that Chinese automaker Dongfeng and the French government will be taking equity stakes in PSA/Peugeot-Citroen after injecting $4.1 billion into PSA.  Under the draft agreement, which is still being negotiated, Dongfeng Motor and the French government will each put 1.5 billion euros into the French automaker, with each of those parties getting a 20 […]

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Reuters has reported that Chinese automaker Dongfeng and the French government will be taking equity stakes in PSA/Peugeot-Citroen after injecting $4.1 billion into PSA.  Under the draft agreement, which is still being negotiated, Dongfeng Motor and the French government will each put 1.5 billion euros into the French automaker, with each of those parties getting a 20 […]

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PSA CEO Varin Says French Carmaker to Deepen Ties With Dongfeng in China. GM’s Girsky Unconcerned http://www.thetruthaboutcars.com/2013/09/psa-ceo-varin-says-french-carmaker-to-deepen-ties-with-dongfeng-in-china-gms-girsky-unconcerned/ http://www.thetruthaboutcars.com/2013/09/psa-ceo-varin-says-french-carmaker-to-deepen-ties-with-dongfeng-in-china-gms-girsky-unconcerned/#comments Mon, 30 Sep 2013 15:12:31 +0000 http://www.thetruthaboutcars.com/?p=531769 PSA/Peugeot-Citroen is negotiating with China’s Dongfeng Motor to expand their partnership in the world’s largest car market. PSA CEO Philippe Varin told reporters attending the opening of a new factory in Shenzhen, China, on Saturday that the French company is seriously considering selling equity to Dongfeng to fund expansion outside of Europe. The sale could diminish […]

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PSA/Peugeot-Citroen is negotiating with China’s Dongfeng Motor to expand their partnership in the world’s largest car market. PSA CEO Philippe Varin told reporters attending the opening of a new factory in Shenzhen, China, on Saturday that the French company is seriously considering selling equity to Dongfeng to fund expansion outside of Europe. The sale could diminish […]

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PSA, Dongfeng Said To Be Exploring A Partnership http://www.thetruthaboutcars.com/2013/09/psa-dongfeng-said-to-be-exploring-a-partnership/ http://www.thetruthaboutcars.com/2013/09/psa-dongfeng-said-to-be-exploring-a-partnership/#comments Wed, 18 Sep 2013 17:22:07 +0000 http://www.thetruthaboutcars.com/?p=523009 PSA, parent company of Peugeot and Citroen, is said to be exploring a partnership with China’s Dongfeng, as Peugeot looks for ways to strengthen itself amid weak sales and a perpetually sputtering European car market. A number of solutions are being proposed, with France’s La Tribune claiming that a capital increase (with Dongfeng providing cash in exchange […]

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PSA, parent company of Peugeot and Citroen, is said to be exploring a partnership with China’s Dongfeng, as Peugeot looks for ways to strengthen itself amid weak sales and a perpetually sputtering European car market. A number of solutions are being proposed, with France’s La Tribune claiming that a capital increase (with Dongfeng providing cash in exchange […]

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Renault About To Get Going In China http://www.thetruthaboutcars.com/2013/07/renault-about-to-get-going-in-china/ http://www.thetruthaboutcars.com/2013/07/renault-about-to-get-going-in-china/#comments Mon, 08 Jul 2013 12:32:14 +0000 http://www.thetruthaboutcars.com/?p=494530   Renault hopes to get going on its foray into China, and to sign a joint venture agreement with Dongfeng, Reuters says. “We are waiting for an official invitation from the Chinese industry ministry,” Reuters heard from an insider. Rumors of an impending JV kept Chinese media guessing and speculating for years. Total investment is […]

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  Renault hopes to get going on its foray into China, and to sign a joint venture agreement with Dongfeng, Reuters says. “We are waiting for an official invitation from the Chinese industry ministry,” Reuters heard from an insider. Rumors of an impending JV kept Chinese media guessing and speculating for years. Total investment is […]

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Geely No Longer Interested In Fisker http://www.thetruthaboutcars.com/2013/03/geely-no-longer-interested-in-fisker/ http://www.thetruthaboutcars.com/2013/03/geely-no-longer-interested-in-fisker/#comments Mon, 18 Mar 2013 14:39:09 +0000 http://www.thetruthaboutcars.com/?p=481592 Fisker is still likely to be rescued by a Chinese savior, but it won’t be Geely. Reuters is reporting that Fisker’s outstanding obligations to the Department of Energy have scared off the Chinese auto maker, leaving Dongfeng as the sole suitor for the beleagured EV maker. According to Reuters, the strings attached to the $529 […]

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Fisker is still likely to be rescued by a Chinese savior, but it won’t be Geely. Reuters is reporting that Fisker’s outstanding obligations to the Department of Energy have scared off the Chinese auto maker, leaving Dongfeng as the sole suitor for the beleagured EV maker. According to Reuters, the strings attached to the $529 […]

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EXCLUSIVE: Bernstein Research Literally Dissects Chinese Cars, Auto Industry In 200-Page Report http://www.thetruthaboutcars.com/2013/02/exclusive-bernstein-research-literally-dissects-chinese-cars-auto-industry-in-200-page-report/ http://www.thetruthaboutcars.com/2013/02/exclusive-bernstein-research-literally-dissects-chinese-cars-auto-industry-in-200-page-report/#comments Fri, 22 Feb 2013 18:20:16 +0000 http://www.thetruthaboutcars.com/?p=478453 Max Warburton and his team. Warburton, of Bernstein Research, assembled a team to interview over 40 auto executives in China (both Chinese and foreign-born) and even bought two Chinese vehicles from Geely and Great Wall. Warburton had them shipped to Europe, where they were taken to a test track, driven extensively and then taken apart […]

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Max Warburton and his team. Warburton, of Bernstein Research, assembled a team to interview over 40 auto executives in China (both Chinese and foreign-born) and even bought two Chinese vehicles from Geely and Great Wall. Warburton had them shipped to Europe, where they were taken to a test track, driven extensively and then taken apart […]

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Fisker Will Be Chinese, One Way Or The Other http://www.thetruthaboutcars.com/2013/02/fisker-will-be-chinese-one-way-or-the-other/ http://www.thetruthaboutcars.com/2013/02/fisker-will-be-chinese-one-way-or-the-other/#comments Mon, 18 Feb 2013 14:40:13 +0000 http://www.thetruthaboutcars.com/?p=478031 Not Dongfeng, but China’s Geely currently looks best positioned to profit from U.S. government largesse by buying beleaguered and DOE-funded plug-in car maker Fisker, Reuters reports. According to the report, “Zhejiang Geely Holding Group is favored to secure a majority stake in troubled U.S. electric car maker Fisker Automotive, according to two sources familiar with […]

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Not Dongfeng, but China’s Geely currently looks best positioned to profit from U.S. government largesse by buying beleaguered and DOE-funded plug-in car maker Fisker, Reuters reports. According to the report, “Zhejiang Geely Holding Group is favored to secure a majority stake in troubled U.S. electric car maker Fisker Automotive, according to two sources familiar with […]

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Fisker May Follow A123 To China http://www.thetruthaboutcars.com/2013/02/fisker-may-follow-a123-to-china/ http://www.thetruthaboutcars.com/2013/02/fisker-may-follow-a123-to-china/#comments Fri, 15 Feb 2013 17:23:16 +0000 http://www.thetruthaboutcars.com/?p=477700 Reports by Bloomberg suggest that Fisker could sell up to an 85 percent stake to Chinese automaker Dongfeng. The automaker apparently bid $350 million for the beleaguered plug-in car maker, according to sources close to the company. With a $200 million Department of Energy loan still outstanding, and a possible cash crunch looming mid-year, Fisker has been […]

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Reports by Bloomberg suggest that Fisker could sell up to an 85 percent stake to Chinese automaker Dongfeng. The automaker apparently bid $350 million for the beleaguered plug-in car maker, according to sources close to the company. With a $200 million Department of Energy loan still outstanding, and a possible cash crunch looming mid-year, Fisker has been […]

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Renault Won’t Start A New Chinese Joint Venture. It Already Has One http://www.thetruthaboutcars.com/2012/11/renault-wont-start-a-new-chinese-joint-venture-it-already-has-one/ http://www.thetruthaboutcars.com/2012/11/renault-wont-start-a-new-chinese-joint-venture-it-already-has-one/#comments Mon, 26 Nov 2012 13:13:45 +0000 http://www.thetruthaboutcars.com/?p=467955 China Business News has the story (via Reuters) that Renault will start a joint venture with Dongfeng, and that “the two firms plan to invest a combined 6.5 billion yuan ($1.0 billion) in a plant in the central province of Hubei with an initial capacity of 200,000 cars a year.” The story promptly went as […]

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China Business News has the story (via Reuters) that Renault will start a joint venture with Dongfeng, and that “the two firms plan to invest a combined 6.5 billion yuan ($1.0 billion) in a plant in the central province of Hubei with an initial capacity of 200,000 cars a year.” The story promptly went as […]

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China’s Boycott Of Japanese Cars Hits Chinese State-Owned Company http://www.thetruthaboutcars.com/2012/10/chinas-boycott-of-japanese-cars-hits-chinese-state-owned-company/ http://www.thetruthaboutcars.com/2012/10/chinas-boycott-of-japanese-cars-hits-chinese-state-owned-company/#comments Tue, 30 Oct 2012 09:06:28 +0000 http://www.thetruthaboutcars.com/?p=465325 A company owned by China’s central government is taking it on the chin as Chinese customers avoid Japan branded cars. Dongfeng reduced production at its joint ventures with Nissan and Honda, the Wall Street Journal reports today. Amount or duration of what the company calls “production adjustments” is unknown. At the same time, a 35 […]

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A company owned by China’s central government is taking it on the chin as Chinese customers avoid Japan branded cars. Dongfeng reduced production at its joint ventures with Nissan and Honda, the Wall Street Journal reports today. Amount or duration of what the company calls “production adjustments” is unknown. At the same time, a 35 […]

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