# 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.

- Type: Closure
- Announced: 2020-04-14
- Where: China
- Status: announced
- Products: Renault brand vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Dongfeng Motor](https://endata.com/companies/3392.md) (acquirer)
- [Renault](https://endata.com/companies/20691.md) (target)
- [Dongfeng Renault Automotive Company](https://endata.com/companies/46525.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/292587.html), 2020-04-14: "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。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.