Dongfeng Motor Corporation
Chinese state-owned automobile manufacturer
Dongfeng Motor Corporation Ltd. is a Chinese central state-owned automobile manufacturer headquartered in Wuhan, Hubei. Founded in 1969, it is currently the smallest of the "Big Four" state-owned car manufacturers of China with 671,000 sales in 2023, below SAIC Motor, Changan Automobile and FAW Group.
The company develops and markets commercial and consumer vehicles under its own branding, such as M-Hero, Voyah, Aeolus, Nammi, Forthing, as well as under foreign-branded joint ventures such as Dongfeng Honda, Dongfeng Nissan and Dongfeng Peugeot-Citroën (all via subsidiary Dongfeng Motor Group). In 2021, foreign-branded cars took 79% of sales. It also manufactures parts and cooperates with foreign companies.
As a state-owned enterprise of China, Dongfeng is controlled and managed by State-owned Assets Supervision and Administration Commission of the State Council (SASAC), which under Chinese law performs the functions of an investor.
History
Background and founding
During the Korean War, there was a need for trucks to be used on the battlefield. The Ministry of Machinery planned a factory to build an imitation of the GAZ-51 truck. This was originally planned to be at Qingshan District, Wuhan, and later revised to Wuchang District, also in Wuhan.
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This entry incorporates text from “Dongfeng Motor Corporation” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.