Dongfeng Motor Group Co Ltd (0489.HK)
26 May 2017
* April total production volume 260198 units versus 252216 units
* DONGFENG MOTOR SELECTED SMARTCORE COCKPIT DOMAIN CONTROLLER TECHNOLOGY FROM CO FOR A FUTURE DOMESTIC CHINESE LIGHT VEHICLE PROGRAM Source text for Eikon: Further company coverage:
April 10 China's Dongfeng Motor Group Co Ltd will form a joint venture with auto parts maker Nexteer Automotive Group Ltd to design and make electric power steering systems for Dongfeng passenger vehicles, Nexteer said on Monday.
(The following statement was released by the rating agency) HONG KONG/SHANGHAI, March 29 (Fitch) The strong sales of heavy duty trucks (HDTs) in China in the first two months of the year are likely to extend to the rest of 2017 as infrastructure investment and property construction increase, Fitch Ratings says. Data from the China Association of Automobile Manufacturers (CAAM) showed that HDT sales in China surged 136% yoy in January and February to over 169,000 units. This exceeded the previous
* Feb sales volume 194,517 units Source text for Eikon: Further company coverage:
* Jan total sales volume 254,495 units Source text for Eikon: Further company coverage:
BEIJING Honda Motor's joint venture with Dongfeng Motor Group will invest roughly 3 billion yuan ($436 million) in a new factory in China, the Japanese automaker said in a statement on its website on Thursday.
(The following statement was released by the rating agency) BARCELONA/LONDON, November 29 (Fitch) Fitch Ratings has upgraded Peugeot SA's (PSA) Long-Term Issuer Default Rating (IDR) and senior unsecured rating to 'BB+' from 'BB'. The Outlook on the Long-Term IDR is Stable. The upgrade reflects our expectation that the improvement in PSA's key credit metrics, reflected in the solid results posted by the group in 2015, is sustainable. We view PSA's financial profile as being in line with a low