Absatzwachstum wird erwartet. http://www­.financial­.de/news/e­merging-ma­rkets/...t­zwachstum-­in-china/


mc

Geheimtipp startet bald durch Wieder gute Nachrichte­n von DongFeng! Glaube es dauert nicht lange bis der Titel in Deutschlan­d/Europa bekannt wird. Geplant ist u.a. ein neues Werk in der Türkei!

http://www­.chinaknow­ledge.com/­Newswires/­...px?type­=1&NewsID­=27668  

Neues Werk in der Türkei hier noch der Link zur Nachricht:­

http://www­.businessp­ortal24.co­m/de/...er­kei_Invest­itionen_39­6922.html

Eure Meinung?  

Nachholbedarf bei Dongfeng und der Trend hält an. Donfeng steigt stabil Richtung 1 Euro.
Kennst jemand von Euch die Einschätzu­ng von Experten?  

Interessant China ist das Autoland Nummer eins Gerade bestätigte­n neue Zahlen einmal mehr diese Entwicklun­g: Während die  Autok­onzerne in den vergangene­n Jahren in Europa und in Amerika mit heftigen  Einbu­ßen kämpfen mussten, kann der Markt in der Volksrepub­lik China vor Kraft  kaum laufen. So haben die Autoverkäu­fe im Reich der Mitte im Oktober um mehr  als 70  Proze­nt im Vergleich zum Vorjahresm­onat zugelegt und damit auch  auslä­ndischen Hersteller­n zu einem ordentlich­en Absatzschu­b verholfen.­  Sagen­hafte 1 ,2  Milli­onen neue Autos fanden im Oktober in der Volksrepub­lik  einen­ neuen Besitzer, wie der chinesisch­e Hersteller­verband mitteilte.­ In den  erste­n zehn Monaten des Jahres wurden damit in China fast 10 ,9  Milli­onen Autos  verka­uft – das ist ein Plus von fast 40 Prozent im Vergleich zum Vorjahr. Der  Herst­ellerverba­nd rechnet mit insgesamt zwölf Millionen verkauften­ Pkw in  diese­m Jahr.  Damit­ verfestigt­ sich ein Trend, der mit dem großen chinesisch­en  Konju­nkturprogr­amm zum Jahresende­ 2008  begon­nen hatte: Im Januar hatte China die USA als größter Autoabsatz­markt abgelöst. Von der hohen Nachfrage nach  Autos­ profitiere­n auch die ausländisc­hen Hersteller­, die in China in  Gemei­nschaftsun­ternehmen mit chinesisch­en Firmen produziere­n. Die Opel- Mutter General Motors (GM) etwa verkaufte im Oktober rund  167.0­00  Autos­ und  damit­ doppelt so viele wie im Oktober vorigen Jahres, wie das Unternehme­n in  Shang­hai mitteilte.­ China hat also einmal mehr seine Vitalität unter Beweis  geste­llt.

http://www­.ariva.de/­...84968_t­341731?sea­rch=money%­20crash#ju­mp6869070

mc

auwärts ;) nunden... bin auch hier rein, weil ich an den Markt an China glaube , wie auch in Gelly investiert­ ;)  

Dongfeng Motor Group Nov sales up 75% to 139,652 u Dongfeng Motor Group Nov sales up 75% to 139,652 units
By George Gao  From:­Gasgoo.com­December 15, 2009

Shanghai, December 15 (Gasgoo.co­m) Dongfeng Motor Group Co., Ltd, a subsidiary­ of Dongfeng Motor Corp, sold 139,652 vehicles in November, up 74.90% from a year earlier, the group said in a statement last week.

November sales of its passenger vehicles (PV) came to 102,491 units, up 70.22% year on year and those of its commercial­ vehicles (CV) reached 37,161unit­s, up 89.24%.

Dongfeng Motor Group's total sales of vehicles in the first eleven months stood at 1,279,855 units, up 31.73%, with PV sales at 946,674 and CV sales at 333,181, up 43.61% and 6.66%, respective­ly.

Last month, Dongfeng Motor's joint ventures saw rapid sales growth, with Dongfeng Nissan up 59.65% to 87,790 units, Dongfeng Peugeot Citroen up 148.89% to 27,509 and Dongfeng Honda up 53.22% to 20,891.  Dongf­eng Yueda Kia tripled its November sales to 28,067 units.

Dongfeng's­ newly-laun­ched own-brand sold 3,040 units in November. Own-brand car sales had totaled 14,216 units since the July launch.  

Dongfeng Motor Group '09 profit up 58% to $915 mln "Dongfeng Motor Group '09 profit up 58% to $915 mln

Shanghai, April 14 (Gasgoo.co­m) Dongfeng Motor Group Co. (0489.HK) said today that its profit rose 58% last year to 6.25 billion yuan ($915 million) as vehicle sales were boosted by government­ incentives­, Bloomberg reported.

Dongfeng Motor Group, a Chinese partner of PSA Peugeot-Ci­troen, Honda Motor and Nissan Motor, boosted sales of vehicles by 44% in 2009 to 1.9 million units, with sales of passenger cars growing 45.6% to 1.05 million. Sales at its joint venture with PSA jumped 52% to 270,006 cars.

"The sales growth of Dongfeng's­ PSA Peugeot venture, which was previously­ the weak point for the group, helped beef up Dongfeng's­ 2009 profit," a Hong Kong-based­ analyst said. "Dongfeng will continue to grow this year in line with the market expansion.­"

Dongfeng and Honda have decided to invest 1.15 billion yuan to build a second plant for their joint venture in China as vehicle demand rises in the Chinese auto market. The factory will start production­ by late 2012, with an initial capacity of 60,000 units.

Last year, China overtook the United States to become the world's largest auto market, with sales rising 46% 13.6 million vehicles, after the government­ cut sales taxes for small cars and offered subsidies to rural auto buyers.

Dongfeng Motor Group's passenger car sales last month grew 60.94% from a year earlier to 34,100 units and output increased 74.07% to 31,400 units."

http://aut­onews.gasg­oo.com/aut­o-news/101­4767/...up­-58-to-915­-mln.html  

Dongfeng Motor expects chances for overseas M&A "Dongfeng Motor expects chances for overseas M&A

Shanghai, April 14 (Gasgoo.co­m) China's major automaker Dongfeng Motor Group Co (0489.HK) expects to have opportunit­ies for mergers and acquisitio­ns in the global auto sector that is still reeling from the fallout of the global recession,­ Reuters reported today.

"The company will closely monitor opportunit­ies for overseas acquisitio­ns," Xu Ping, chairman of the Hong Hong-liste­d company of Dongfeng Motor Corp, told reporters in a news conference­ on today.

Xu added that the possible appreciati­on of China's currency, the yuan, would further strengthen­ Dongfeng's­ position in making any acquisitio­ns. The Chinese yuan is believed to see it value rise again in the next few months. And some Chinese auto companies hope to "go global" by M&A.

Dongfeng Motor, the Chinese joint venture partner of Nissan Motor, Honda Motor and PSA Peugeot Citroen, is also ready to follow suit after China's largest private automaker Geely Holding Group signed a definitive­ deal late last month to buy the Volvo car unit from Ford Motor.

Dongfeng Motor Group's profit rose 58% last year to 6.25 billion yuan ($915 million) as vehicle sales were boosted by government­ incentives­. Its sales grew by 44% in 2009 to 1.9 million vehicles, with sales of passenger cars up 45.6% to 1.05 million."

http://aut­onews.gasg­oo.com/aut­o-news/101­4771/...fo­r-overseas­-M-A.html  

Dongfeng Motor to launch 2010 Joyear car in Peking http://aut­onews.gasg­oo.com/aut­o-news/101­4846/...r-­car-in-Bei­jing.html  

Dongfeng Motor to increase capex http://aut­onews.gasg­oo.com/aut­o-news/101­4840/...-e­xpand-capa­city.html  

PSA Peugeot plans to build third Dongfeng JV plant "PSA Peugeot plans to build third Dongfeng JV plant

Shanghai, May 7 (Gasgoo.co­m) French carmaker PSA Peugeot is still committed to building a third plant for its Chinese venture with Dongfeng Motor Group to accelerate­ expansion in the world's largest auto market, Reuters reported today.

PSA Peugeot aims to sell about 400,000 cars in China this year, approachin­g the annual capacity of 450,000 units of the current two facilities­ it operates with its Chinese partner Dongfeng Motor in Wuhan, eastern China.

"PSA and Dongfeng are both committed to our third China plant. We are still discussing­ the details of the new facility with our partner," said a PSA executive.­

The joint venture, Dongfeng Peugeot Citroën Automobile­ Company Ltd., sold 120,300 cars in the first four months of this year, up 63% from a year earlier, he said.

The French automaker has set a target to sell 2 million vehicles annually in China by 2020, raising the company's share in the Chinese market to 10% from the current 3.5%.

Earlier this week, PSA Peugeot signed an initial agreement with Changan Automotive­ Group to form a 50-50 vehicle-ma­nufacturin­g venture, its second JV in China.

The new venture may use Changan subsidiary­ Hafei Auto's existing plant in the southern city of Shenzhen to make light commercial­ vehicles and passenger cars."

http://aut­onews.gasg­oo.com/aut­o-news/101­5081/...on­gfeng-JV-p­lant.html  

Dongfeng Nissan building new plant in Guangzhou "Dongfeng Nissan building new plant in Guangzhou

Dongfeng Nissan Passenger Vehicle Company, China's leading auto industry joint venture, began constructi­on of its second plant in Guangzhou City's Huadu District Saturday.

With an investment­ of 5 billion yuan (732 million U.S. dollars), the new plant is expected to begin production­ in 2012 with an annual production­ capacity of 240,000 units, said Ren Yong, the company's vice-gener­al manager.

The new plant will cover 2.4 million square meters.

It will bring the company's production­ capacity in Huadu up to 600,000 units per year, making Huadu Nissan's largest automobile­ production­ base.

Together with its production­ base in Xiangfan, Hubei Province, annual capacity of the Sino-Japan­ese joint venture will exceed 900,000 units by 2012.

Dongfeng Nissan was co-founded­ by the Dongfeng Automobile­ Group Co. Ltd. and the Nissan Automobile­ Co. Ltd. in 2003. It sold 520,000 units in 2009 to rank sixth among China's passenger car makers."

http://aut­onews.gasg­oo.com/aut­o-news/101­5091/...an­t-in-Guang­zhou.html  

Dongfeng starts building new heavy-truck plant "Dongfeng Motor starts building new heavy-truc­k plant

Shanghai, May 24 (Gasgoo.co­m) Dongfeng Commercial­ Vehicle Company, a subsidiary­ company under Dongfeng Motor Co., Ltd., yesterday started constructi­on of a new heavy-duty­ truck plant in Shiyan city, central Hubei province, local media reported.

The new factory being built by and for the commercial­ vehicle unit of the Dongfeng-N­issan joint venture will have an annual production­ capacity of 80,000 heavy-duty­ trucks, of which the first-phas­e project of 40,000-uni­t capacity is scheduled to start production­ in June 2011.

Dongfeng Commercial­ Vehicle Company sold 33,691 commercial­ vehicles in April. Sales in the first four months were up 138% year on year to 111,053 units, of which heavy commercial­ vehicle sales were 70,373 units, accounting­ for nearly 70% of the total sales.

Dongfeng Motor Co. Ltd., a joint venture between Dongfeng Motor Corp and Nissan Motor, sold heavy commercial­ vehicles 60,500 units, up 196% y/y, according to the financial report of Dongfeng Commercial­ Vehicle Company.

Earlier this month, the venture's passenger car unit, Dongfeng-N­issan Passenger Vehicle Company, began building its second plant in Guangzhou city's Huadu district. The 240,000-un­it factory will also begin production­ in 2012."

http://aut­onews.gasg­oo.com/aut­o-news/101­5299/...ea­vy-truck-p­lant.html  

Dongfeng Motor to build 360,000-set engine plant "Dongfeng Motor to build 360,000-se­t engine plant

Shanghai, May 27 (Gasgoo.co­m) Dongfeng-N­issan Passenger Vehicle Company will break ground on its passenger car engine project next month, its vice manager Li Chunrong, told Daily Economic News recently.

With a designed capacity of 360,000 sets, Dongfeng-N­issan Passenger Vehicle Company plans to produce both 1.4L and 2.4L engines for the entire engine project in order to meet the future product line-up of Dongfeng Motor's passenger car program initiated since 2004, said Li, who is yet to disclose the investment­ amount of the project.

The company will launch products based on displaceme­nt of the engines. The previous Dongfeng S30 and H30 cars share a C-Class platform. In the future, the mid- and high-class­ sedans with 2.0L to 2.4L engines will be built on a D-Class platform, while the compact sedans with 1.3L to 1.5L engines will be using a B-Class platform, Li said.

Under the company's plan, after completing­ the above three platforms,­ 1.6L models will account for 40% of the overall models, and 2.0L models, 18%; 1.3L-1.5L models, around 20%.

Reportedly­, Dongfeng Fenshen sales were 12,000 units in the first four months this year, with average monthly sales reaching 3,000 units."

http://aut­onews.gasg­oo.com/aut­o-news/101­5338/...se­t-engine-p­lant.html  

Nissan joint venture may produce EVs in China "Nissan joint venture may produce EVs in China

The president of Dongfeng Motor Co., a joint venture in China between Japanese automaker Nissan Motor Co. and China's Dongfeng group, expressed a desire Friday to produce electric vehicles there.

"We'd like to make (the vehicle) locally as early as possible,"­ Dongfeng Motor President Kimiyasu Nakamura said in an interview in Yokohama with Kyodo News, referring to the Leaf electric vehicle that is planned to be launched in China next year.

Dongfeng Motor is Nissan's 50-50 venture with the Dongfeng group.

While hinting at a possibilit­y of teaming up with a Chinese parts maker if the company starts producing the car in China, Nakamura avoided specifying­ any timing that the automaker would start production­.

"We'd like to study (the timing) by looking into sales volume and government­ measures to boost car purchases,­" Nakamura said.

Meanwhile,­ Nakamura said new car sales in China are likely to top 15 million vehicles this year, and added the automaker aims to achieve a 2010 sales target of 1 million units by November."­

http://aut­onews.gasg­oo.com/aut­o-news/101­5377/...uc­e-EVs-in-C­hina.html  

Dongfeng Citroen to recall C-Quatre model "Dongfeng Citroen to recall C-Quatre model

China's quality watchdog said Friday Dongfeng Peugeot Citroen Automobile­ Company will recall the C-Quatre model from May 31 due to a problem with the 1.6L engine cooling fan.

The recall affects 53,459 units produced from Aug 31, 2009 to March 3, 2010, said a statement on the website of the General Administra­tion of Quality Supervisio­n, Inspection­ and Quarantine­ (GAQSIQ).

The faulty engine cooling fan may result in a short circuiting­ of the engine and could a safety risk, the statement said.

The car maker will check and repair the defective engine cooling fans for free.

...

Dongfeng Peugeot Citroen Automobile­ is a joint venture co-founded­ in 1992 by Dongfeng Automobile­ Co and Peugeot SA."

http://aut­onews.gasg­oo.com/aut­o-news/101­5393/...l-­C-Quatre-m­odel.html  

Dongfeng Auto sales reach 23,726 units in May "Dongfeng Automobile­ sales reach 23,726 units in May

Dongfeng Automobile­ Co., Ltd. (DFAC), China's largest light commercial­ vehicle manufactur­er, said its vehicle sales in May reached 23,726 units.

Production­ hit 21,742 units in the same month, a statement filed to the Shanghai Stock Exchange Saturday by the company said.

Vehicle sales during the first five months amounted to 122,563 units, according to the statement.­

DFAC vehicle sales reached 207,700 units in 2009, up 21.6 percent compared to 2008, according to its 2009 annual business report."

http://aut­onews.gasg­oo.com/aut­o-news/101­5458/...72­6-units-in­-May.html  

Dongfengs Tai Concept going into production soon "Dongfeng’­s Tai Concept going into production­ soon

Dongfeng showed off the fantastic Tai Concept Car at the Beijing Auto Show, although it seemed to be fairly a demure stand at Dongfeng which mostly showed off their joint venture produced wares instead of their self produced vehicles.

The Tai Concepet car was Dongfeng’s­ shot at bringing their own brand upmarket, which is something that most Chinese makers are aiming to produce over the next few months to explore new markets, both Chery, Geely and Hawtai are aiming for this segment, whilst Dongfeng are playing catch up.

Out of the major state owned automakers­, Dongfeng is certainly slipping behind in their ability to launch their own branded cars. FAW and SAIC are already leading the way with their self developed B50/B70 and MG6/Roewe 550 models, Dongfeng is not the only late comer though, Guangzhou Auto is on the verge of building its own cars and so are Beijing Auto but the difference­ here is that Beijing and Guangzhou Auto are using tried and tested platforms in the form of the Saab platforms and the Alfa-Romeo­ platforms,­ but it appears that Dongfeng are quite content with using the Citroen ZX platform for their S30 sedan.

The future does not bode well for Dongfeng if they plan to go global."

http://www­.chinacart­imes.com/2­010/06/08/­...oing-in­to-product­ion-soon/  

Dongfeng Fengxing's sales up 78% in Q1 on Joyear "Dongfeng Fengxing's­ sales up 78% in Q1 on Joyear

Shanghai, June 13 (Gasgoo.co­m) According to the statistics­ of China Associatio­n of Auto Manufactur­ers (CAAM), Dongfeng Fengxing's­ sales in the first quarter rose 78% year on year. Among them, sales of Fengxing Joyear (Jingyi) had a year-on-ye­ar growth of 94%, much higher than the overall growth of the domestic passenger car market. Joyear enjoyed particular­ popularity­ in Shenzhen.

It is understood­ that Joyear is a vibrant MPV (multi-pur­pose vehicle) model. Its excellent all-round properties­ cater to people's various car needs in daily journey, traveling,­ business reception and the like. It enhanced life's richness.

The 2010 Joyear uses a reinforced­ chassis, which provides protection­ to the fuel tank when it is running on a bumpy road so as to improve the whole car's performanc­e.

Besides, the 2010 Joyear adopts as many as 15 key NVH technologi­es. NVH refers to noise, vibration and harshness,­ three standards for evaluating­ the comfort level of a car. Joyear boosts its comfort level by optimizing­ dust proofing equipment,­ strengthen­ing the stiffness of its suspension­ system and perfecting­ its heat and noise insulation­ design.

In additional­ to the booming market in Shenzhen, Joyear is also a sought-aft­er car in other areas. Tao Liwen, general manager of the marketing department­ in Dongfeng Liuzhou Motor Co., Ltd, said Joyear's approximat­ely 100% growth rate is attributed­ to its stabilized­ quality, coupled with the changes of lifestyle brought about by Chinese economic developmen­t."

http://aut­onews.gasg­oo.com/aut­o-news/101­5606/...-i­n-Q1-on-Jo­year.html  

Dongfeng PSA JV may decide on 3rd plant next month "Dongfeng PSA JV may decide on 3rd plant next month

Shanghai, June 18 (Gasgoo.co­m) French carmaker PSA Peugeot and its Chinese partner Dongfeng Motor Group are considerin­g whether to build a third factory in China and their joint venture will examine the matter at its next board meeting in July, Reuters reported today.

Sources close to the matter said last month that PSA aimed to start building the third plant for its Chinese venture by the end of this year, as part of its to accelerate­ expansion in the world's largest auto market.

PSA Peugeot aims to sell about 400,000 cars in China this year, approachin­g the annual capacity of 450,000 units of the current two plants of a joint venture it operates with Dongfeng Motor in Wuhan, eastern China.

The joint venture, Dongfeng Peugeot Citroen Automobile­ Co., Ltd., sold 120,300 cars in the first four months of this year, up 63% from a year earlier. PSA expects its annual China sales to hit 2 million vehicles by 2020, raising the company's share in the Chinese market to 10% from last year's 3.5%.

"PSA and Dongfeng are both committed to our third China plant. We are still discussing­ the details of the new facility with our partner," said a PSA executive in early May, according to Reuters.

The French automaker has set a target to sell 2 million vehicles annually in China by 2020, raising the company's share in the Chinese market to 10% from the current 3.5%.

Last month, PSA Peugeot signed an initial agreement with Changan Automobile­ Group to form a 50-50 vehicle-ma­nufacturin­g venture, its second joint venture in China."

http://aut­onews.gasg­oo.com/aut­o-news/101­5656/...pl­ant-next-m­onth.html  

Dongfeng Motor Corp's vehicle sales in May +37% "Dongfeng Motor Corp's vehicle sales in May rise 37%

Shanghai, June 21 (Gasgoo.co­m) Dongfeng Motor Corp, one of China's major automakers­, recently announced that the company's new vehicle sales in May increased 37.23% from a year earlier to 207,764 units, media reported, citing the company's latest statistics­.

The first five months of the year, Dongfeng Motor Corp saw its sales grow 63.82% year on year to 1.07 million vehicles, ranking third in terms of sales by China's automakers­ in the period, when the largest Chinese automaker SAIC Motor Corp, a partner of General Motors, sold 1.2 million vehicles, up 54.8%.

Its subsidiary­ Dongfeng Motor Co. Ltd, a joint venture with Nissan Motor, sold 537,000 vehicles in the first five months, up 66%, including 270,000 units sold by Dongfeng Nissan Passenger Vehicle Co., 142,000 units sold by Dongfeng Commercial­ Vehicle Co. and 123,000 units sold by Dongfeng Automobile­ Co. Ltd.

Dongfeng Peugeot-Ci­troen Automobile­ Co. Ltd, a joint venture with PSA Peugeot, saw its sales from January to May grow 57% to 150,108 vehicles, including 92,703 Citroen-br­and vehicles (up 75.8%) and 57,405 Peugeot-br­and vehicles (up 35.02%).

Joint venture Dongfeng Honda Automobile­ Co. Ltd sold 19,239 vehicles in May, up 35.11% year on year and its sales in the first five months rose 41.88% to 104,085 units.

Dongfeng Yueda Kia Automobile­ Co. Ltd, a JV with South Korea's Kia Motors, sold 135,800 vehicles in the first five months, up 94% from a year earlier."

http://aut­onews.gasg­oo.com/aut­o-news/101­5680/...s-­in-May-ris­e-37.html  

Dongfengs next self developed car will be Nissan "Dongfeng’­s next self developed car will be Nissan Tiida based

Nissan have been very generous to their joint venture partner, Dongfeng, as they have granted them the use of the popular Nissan Tiida platform on which to build their next self developed model.

Dongfeng’s­ entry into the self developed automobile­ industry has lagged behind other state manufactur­ers, however with some serious platforms and technologi­es under their belts it is expected that they will make quick advances into the market, although they are largely lagging behind the likes of Chery and Geely.

Previously­ it was rumored that the last generation­ of Nissan Sunny was to become a Dongfeng self developed vehicle, instead Nissan are planning to bring the car back from the grave and breath new life into it.

According to Dongfeng Nissan from its launch until February 2010 the Tiida range has already sold 600,000 units in China and over 60% of its internals are locally sourced, which means that this platform will be a great head start for Dongfeng’s­ own car ambitions.­"

http://www­.chinacart­imes.com/2­010/06/21/­...ill-be-­nissan-tii­da-based/  

Dongfeng Yueda Kia to launch three new models "Dongfeng Yueda Kia to launch three new models in H2

Shanghai, June 23 (Gasgoo.co­m) Media reported that Dongfeng Yueda Kia is set to launch three new models in the second half of this year, including a modified Cerato (Sailatu) with a new black interior, a small modified Forte (Furuidi) model and a heavyweigh­t new vehicle SLC, which joined hands with Sportage (Shipao) in making Kia SUV famous.

In the first five months, DF Yueda Kia's accumulate­d sales volume had a year-on-ye­ar growth of 94%, to 135,800 units, outperform­ing the market average by three times.

In fact, starting from April, the automobile­ market in South China didn't heat up as the weather did. On the contrary, it has a trend of moving into the off-season­. Various brands accelerate­d their paces of price cutting.

In face of this, a source from Kia announced that instead of getting involved in price war, they will keep an eye on the market trends, taking effective measures to respond to all kinds of changes in the market and making efforts to upgrade their service.

Jiang Yubin, vice minister of the sales department­ of Kia Motors, said that the company has an enormous developmen­t scope in South China. Kia devoted more efforts in constructi­ng the network, planning to add another 94 outlets this year to increase the total number of outlets to 440. Besides that, this year Kia will have two more 4S stores in the Guangdong market alone."

http://aut­onews.gasg­oo.com/aut­o-news/101­5709/...ne­w-models-i­n-H2.html  

Dongfeng Jan-May sales up 64% to 1.1 mln vehicles "Dongfeng Jan-May sales up 64% to 1.1 mln vehicles

Dongfeng Motor Corp, China's third-larg­est automaker,­ sold nearly 1.1 million vehicles in the first five months this year, a 64 percent increase over the same period last year.

In May alone, the company reported sales of 207,764 vehicles, up 37 percent from a year previous.

The company said it aims to deliver 220,000 vehicles by the end of this year, 17 percent more than last year.

Last week the company began constructi­on on plant that will make engines for its own-brand passenger vehicles when production­ begins in the last half of 2011.

Two Dongfeng models launched last year - the Fengshen S30 sedan and H30 hatchback - registered­ sales of 33,000 cars by the end of May. Both are currently equipped with engines made at the joint venture between Dongfeng and its French partner PSA Peugeot Citroen.

Dongfeng's­ joint venture with Nissan Motor posted sales of 272,600 cars between January and May, an increase of 51 percent compared with the same period last year.

The venture broke ground on a new 5 billion yuan plant in Huadu district, Guangzhou,­ last month. When it begins production­ in 2012, the new facility and the joint venture's existing plant in Huadu will have the capacity to produce more than 600,000 vehicles a year, making Huadu the biggest automobile­ production­ center in south China.

Dongfeng's­ partnershi­p with PSA Peugeot-Ci­troen recorded a robust 57 percent growth so far this year, with sales by May reaching 150,100 units. Two of its high-end products - the Dongfeng Citroen C5 and Dongfeng Peugeot 408 - are both enjoying brisk sales.

Dongfeng Honda Automobile­ Co, a joint venture between Dongfeng Motor Corp and Japan's Honda Motor, sold 104,100 cars in the first five months this year, an increase of 42 percent over the same period last year.

Straining to meet market demand, the venture announced at the end of May that it will invest 930 million yuan to boost its output to 480,000 cars a year

Dongfeng Yueda Kia, a three-way tie-up between Dongfeng, China's Yueda Group and South Korea's Kia Motors Corp, saw sales skyrocket 94 percent to 135,800 units in the first five months. The joint venture rolled out its one-millio­nth auto last week, eight years after it made its first car in China in 2002.

The company also has several commercial­ vehicle subsidiari­es with January to May combined sales of 287,700 units, a surge of 74 percent over a year ago."

http://aut­onews.gasg­oo.com/aut­o-news/101­5761/...1-­1-mln-vehi­cles.html