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About Dongfeng Motor Corporation
Dongfeng Motor Company (originally called the Second Automobile Plant) was founded in 1969. Now it is one of the largest backbone automobile state-owned enterprises in China with an annual output of more than 3.4 million vehicles and is headquartered in Wuhan, which is called the "highway of nine provinces." The main production bases of the company are located in the cities of Shiyan, Xiangyang, Wuhan, Guangzhou and 20 other cities throughout the country. The company's products are exported to more than 80 countries around the world.
The main activities of Dongfeng Motor Corporation are the production of passenger and commercial vehicles, automotive components, spare parts, accessories and various equipment, as well as the provision of after-sales services. DFM currently has $68 billion in total assets and 137,000 employees (as of 2021).
At present, the company is one of the most important enterprises of the state economy. In 2004, the company transferred its subsidiaries to integrated management: Dongfeng Motor Company, Dongfeng Peugeot Citroen Automobile Company, Dongfeng Honda Company, Dongfeng Electric Vehicle Company, Dongfeng Off-Road Vehicles Company, etc., as a result of which Dongfeng Group of Limited Liability Companies was formed Motor, which placed its shares on the stock exchange in Hong Kong in 2005.
Dongfeng Motor Company is ranked 100th among the 500 most successful companies in the world by Fortune Global-500 (2020).
At present, DFM has a leading position in research and development, production and marketing. The Dongfeng brand is well known in China and enjoys a high reputation all over the world. The company's wide range of commercial vehicles includes medium and heavy trucks, light and mini trucks, special vehicles, and buses. The company's passenger car line includes sedans, hatchbacks, crossovers, minivans, etc. In addition, Dongfeng manufactures various alternative energy vehicles, including hybrids, electric vehicles, natural gas vehicles. The company pays great attention to the development of unmanned technologies. In 2021, the Limitless Star division was formed, which is developing unmanned passenger and commercial vehicles with the fourth level of autonomy (L4).
Dongfeng Motor uses independent research and development to bring new discoveries and achievements as part of its global development strategy. At present, DFM's overseas business covers more than 30 countries and regions in Asia, South America and Europe. During the period of expansion into overseas markets, DFM has formed an international brand based on advanced management concepts, modern technology and first-class design, and maintains its continuous development. Dongfeng Motor R&D centers are located in China, Sweden and Germany.
Dongfeng Motor Corporation plans to achieve sales of 5.6 million vehicles annually, offering more than 40 models in 70 countries.