Dongfeng Renault

Dongfeng Renault Automobile Co., Ltd. is a joint venture complete vehicle manufacturer established by Dongfeng Motor Group Co., Ltd. and French Renault on the basis of restructuring Sanjiang Renault Automobile Co., Ltd., with a 50:50 equity ratio. It is an in-depth development of the "golden triangle" strategic cooperation of "Dongfeng-Renault-Nissan."

On December 2, 2013, the Dongfeng Renault project was officially approved by the National Development and Reform Commission.

On December 16, 2013, Dongfeng and Renault formally signed the joint venture operation contract for Dongfeng Renault Automobile Co., Ltd., which was approved by the Ministry of Commerce on January 26, 2014. On March 3, 2014, the company was issued a new business license after the capital increase of RMB 4 billion.

In terms of capacity construction, the company adopts a model of overall planning and phased construction for rolling development. The total investment in Phase I is about RMB 7.76 billion. The plant is located in Huangjinkou Industrial Park, Wuhan Economic and Technological Development Zone. In addition, a supplier park will be built to facilitate nearby production and delivery of components by suppliers, thereby improving supply chain efficiency, reducing logistics costs, and driving the development of surrounding industries.

After the completion of Phase I, the company will achieve an annual production capacity of 150,000 complete vehicles, including five major workshops—stamping, welding, painting, final assembly, and resin—and corresponding auxiliary facilities. The engine plant will have an annual production capacity of 150,000 engines, including cylinder block and cylinder head casting, machining, engine assembly and testing, and corresponding auxiliary facilities. Meanwhile, the Dongfeng Renault R&D Center will be built to meet the needs of synchronized development and localization. The R&D center will also undertake the development of joint venture self-owned products and the introduction of new energy vehicle products.

The company will officially begin production in the first half of 2016. Benefiting from Renault's product capabilities, the company will first introduce a series of highly attractive SUV models under the Renault brand across various market segments, followed by sedans and other models. At the same time, the company will develop and introduce joint venture self-owned models under the Dongfeng brand. Leveraging the existing advantages of Dongfeng and Renault in new energy technology, the company will develop and introduce new energy vehicle products in the future.

The company will integrate the existing Renault imported car dealer network and build an independent dealer network. The Dongfeng Renault dealer network will sell both domestically produced and imported models, and provide corresponding after-sales services such as spare parts. From multiple aspects including brand image promotion, service capability building, network planning, market operation efficiency, and horizontal business, it will provide customers with the best consumer experience.