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Dongfeng Peugeot-Citroën, [2] formerly Dongfeng Peugeot-Citroën Automobile Co., Ltd. (DPCA) from 1992 to 2021, is an equally owned Chinese joint venture between the automobile manufacturers Dongfeng Motor Corporation and Stellantis (known as PSA Peugeot Citroën at the time of the formation of the joint venture).
After the sale, Dongfeng Motor Corporation still held a 4.5% stake in Stellantis Group. In January 2022, Dongfeng again sold 40 million shares of Stellantis common stock for a total value of 732 million euros (approximately 5.257 billion RMB). After the transaction, Dongfeng held a 3.16% stake in Stellantis.
Stellantis N.V. is a multinational automotive manufacturing company formed from the merger in 2021 of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. [ 10 ] [ 11 ] [ 12 ] The company headquarters are located in Hoofddorp , Netherlands.
Stellantis shareholder Dongfeng Motor Hong Kong (DMHK) has sold part of its stake in the automaker for about 600 million euros ($710 million), as agreed before the group was formed via a merger at ...
Stellantis (STLA) carries out a heads of agreement with Dongfeng over the 99.2 million common shares of STLA that the latter owns.
A team of Dongfeng engineers was part of the project team based at PSA's main R&D centre in Velizy, south of Paris. [ 1 ] PSA and Dongfeng also announced their collaboration on the design for e-CMP, an all-electric platform extending their work on CMP. e-CMP had a targeted range of 450 km (280 mi) with charging speeds replenishing range at up ...
Stellantis will have more to say about its plans and full financial results when it reports full-year earnings on Feb. 26. StockStory aims to help individual investors beat the market.
Dongfeng Motor Group Co., Ltd., doing business as DFG, is a Chinese holding company based in Wuhan, Hubei.Its H shares were listed on the Hong Kong stock exchange.. Dongfeng Motor Group formed several joint ventures with other foreign automobile makers, namely Luxgen, Honda, Renault-Nissan and Stellantis (which created by the merger of Fiat Chrysler Automobiles and Groupe PSA).