Dongfeng and Renault are talking joint venture again. They once tried in 2009 but then all came to nothing. This time though things seem much more serious. According to Chinese media both parties will sign an MoU sometime around Spring Festival, that is late January next year.
The joint venture makes sense. Dongfeng already has a successful joint venture with Nissan. It also makes sense, in a kinda different way, because Dongfeng also has a joint venture with PSA Peugot-Citroen, the Dongfeng-engineers probably speak some French already.
First car for the Dongfeng-Renault joint venture, if everything goes as planned, will be the Renault Koleos SUV that is currently imported from South Korea where it is made in the Samsung factories. Other likely candidates are the Fluence and the Latitude, both are currently imported into China as well.
Via: Sohu.com.
How could it be that the NDRC would allow Renault to form a jv with Dongfeng? Dongfeng already has ventures with Nissan, Honda, Peugeot/Citroen, Yulon, and Kia. After giving Chery a hard time about Subaru, wouldn’t that be applying a double standard?
And besides Renault has tried and failed so many times before, going back to the failed Sanjiang venture. Apparently its guanxi in high places could be better.
How about a joint venture between Renault and JAC? That might be doable.
i think dongfeng can have as many joint ventures ad they want. the foreign companies can only have two.
Thank you Peter for that reminder, and for putting it kindly. 🙂