Dongfeng Renault

Dongfeng Renault Automobile Company
Native name
 东风雷诺汽车有限公司
Private joint venture
Industry Automotive
Predecessor Sanjiang Renault Automotive Company
Founded 1993 (as Sanjiang Renault)
16 December 2013 (as Dongfeng Renault)
Headquarters Wuhan, China
Area served
 China
Products Automobiles
Owner Dongfeng Motor Corporation (50%)
Renault S.A. (50%)
Website www.dongfeng-renault.com.cn
Dongfeng Renault
Simplified Chinese 东风雷诺
Traditional Chinese 東風雷諾

Dongfeng Renault Automobile Company (DRAC) or Dongfeng Renault is an equally owned Chinese joint venture between car manufacturers Dongfeng and Renault aimed to produce and sell Renault-badged vehicles, established in 2013. The joint venture emerged from Sanjiang Renault, a previous partnership between Renault and Sanjiang established in 1993.

History

Sanjiang Renault

In 1993, Renault and Sanjiang Aerospace Group established a manufacturing joint venture at Xiaogan called Sanjiang Renault Automotive Company (Chinese: 三江雷诺汽车有限公司).[1][2] Renault had a 45% stake in the company while Sanjiang had a 55%.[3] In 1995, the company started assembling Renault Trafics. The partnership proved unsuccessful[3] and Sanjiang Renault only assembled 4,906 units[2] before it halted production in 2004.[3]

Dongfeng Renault

In 2004, following the production end of the failed Sanjiang-Renault partnership, Dongfeng and Renault began negotiations.[3] As part of Dongfeng's agreements with Nissan, the three companies agreed to create eventually a so-called "golden triangle" of three-way collaboration.[3] In June 2013, Dongfeng acquired the 55% Sanjiang's stake in Sanjiang Renault and renamed it Dongfeng Renault Automobile Company.[1] Renault and Dongfeng signed the creation of its equally owned joint venture on 16 December 2013, after the final approvals from the Chinese government.[4]

Operations

Dongfeng Renault is in charge of Renault's China sales. The Dongfeng Renault plant was built at Wuhan and started production in February 2016. It has an estimated output of up to 150,000 vehicles per year.[5] The Renault's Wuhan facilities also include an engine workshop and a research and development centre.[5][6] Production will initially focus on sport utility vehicles (SUVs).[4]

Produced models

References

  1. 1 2 "Dongfeng, Renault to set up US$1.8b joint venture". scmp.com. South China Morning Post. 8 July 2013. Retrieved 8 January 2015.
  2. 1 2 Personal Cars and China. National Academies Press. 2003. p. 56. ISBN 0-309-08492-X.
  3. 1 2 3 4 5 Han, Tianyang (7 January 2013). "After eight years of talks, a Renault-Dongfeng agreement". chinadaily.com.cn. China Daily. Retrieved 8 January 2015.
  4. 1 2 "Renault accelerates global growth through new joint venture with Dongfeng in China". Renault. 16 December 2013. Retrieved 8 January 2015.
  5. 1 2 3 Hao, Yan (15 February 2016). "Renault opens plant in Hubei province to produce Kadjar SUV". chinadaily.com.cn. China Daily. Retrieved 31 March 2016.
  6. ↑ Hope, Graham (1 February 2016). "Renault opens new factory in Wuhan, China". autoexpress.co.uk. Dennis Publishing. Retrieved 31 March 2016.
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