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Dongfeng Renault to restructure, Renault to exit joint venture · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Apr 14, 2020CLOSUREChina

Dongfeng Renault to restructure, Renault to exit joint venture

Dongfeng Motor Group and Renault have agreed to restructure Dongfeng Renault, with Renault transferring its 50% stake to Dongfeng. The joint venture will cease Renault brand operations in China.

Status

Announced

ProductsRenault brand vehicles

CompaniesDongfeng Motor acquirer Renault target Dongfeng Renault Automotive Company target

Sectors#Automotive Components

“雷诺拟将其持有的东风雷诺50%股权转让给公司，东风雷诺停止雷诺品牌相关业务活动。”beta.zhitongcaijing.com

1 source
beta.zhitongcaijing.com东风集团股份(00489)：东风雷诺拟进行重组并实施转型升级Apr 14, 2020

Summarized from public sources; check the original articles before acting on it.

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