Dongfeng Motor Group to acquire assets from Stellantis JV

Dongfeng Motor Group will acquire automotive assets from its joint venture with Stellantis NV for $234 million to consolidate manufacturing resources amid weak car sales in China.

“Dongfeng Motor Group will acquire automotive assets from its joint venture with Stellantis NV as part of the carmaker's strategy to consolidate its manufacturing resources amid weak car sales in China.”asia.nikkei.com

• 1 source
• asia.nikkei.comChina's Dongfeng to buy assets from Stellantis JV amid weak sales - Nikkei AsiaAN LIMIN, KELSEY CHENG, CaixinOct 24, 2023

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