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Renault brand introduction

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Dongfeng Renault Automobile Co., Ltd., an internationally renowned car brand, integrates stamping/welding/painting/assembly/resin, and is a vehicle manufacturer established by Dongfeng Motor Group and Renault of France, one of the world's top 500 companies

Dongfeng Renault Automobile Co., Ltd. is a joint venture vehicle manufacturer established by Dongfeng Motor Group Co., Ltd. and Renault of France on the basis of the reorganization of Sanjiang Renault Automobile Co., Ltd. according to the 50:50 equity ratio, which is the in-depth development of the "Golden Triangle" strategic cooperation of "Dongfeng-Renault-Nissan".

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

On December 16, 2013, Dongfeng and Renault formally signed a joint venture contract with Dongfeng Renault Automobile Co., Ltd., which was approved by the Ministry of Commerce of the People's Republic of China on January 26, 2014. On March 3, 2014, the company was awarded a new business license after an additional capital contribution of 4 billion yuan.

In terms of capacity construction, the company carries out rolling development according to the mode of one-time planning and phased construction. With a total investment of approximately RMB7.76 billion, the plant will be located in the Huangjinkou Industrial Park of Wuhan Economic and Technological Development Zone, and will also be equipped with a supplier park for suppliers to produce and distribute parts nearby, so as to improve supply chain efficiency, reduce logistics costs, and drive the development of surrounding industries.

After the completion of the first phase, the company will achieve an annual production capacity of 150,000 vehicles, including stamping, welding, painting, assembly, resin five workshops and corresponding auxiliary facilities; The engine plant will have an annual production capacity of 150,000 engines, including block and head casting, machining, engine assembly, testing and corresponding auxiliary facilities; At the same time, Dongfeng Renault R&D center will be built to meet the needs of synchronous development and localization, and the R&D center will also undertake the research and development of joint venture independent products and the introduction of new energy vehicle products.

The company will be officially put into production in the first half of 2016. Benefiting from Renault's product capabilities, the company will first introduce a range of attractive SUV models in various market segments under the Renault brand, followed by sedans and other models. At the same time, the company will develop and introduce joint venture independent models under the Dongfeng brand. With the help of Dongfeng and Renault's advantages in new energy technology, the company will develop and introduce new energy vehicle products in the future.

The company will integrate the existing dealer network of Renault imported vehicles and establish an independent dealer network. Dongfeng Renault's dealer network will sell both domestic and imported models, and provide corresponding after-sales services such as spare parts. Provide customers with the best consumer experience from multiple levels such as brand image promotion, service capacity building, network planning, market operation efficiency, and horizontal business.


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