Is Dongfeng a Domestic or Joint Venture Brand?
1 Answers
Dongfeng is a domestic brand. Here is some information about Dongfeng: Introduction: Dongfeng is a Chinese automobile brand established in 1969, primarily producing heavy-duty trucks, SUVs, medium-sized buses, and other large vehicles. Dongfeng Passenger Vehicle Business is a strategic undertaking of the Dongfeng Group and the inevitable result of Dongfeng's 21st-century strategy to 'build a sustainable century-old Dongfeng, an international Dongfeng facing the world, and a self-developing Dongfeng in openness.' History: Production began on May 5, 1958. Chairman Mao Zedong took pride in Dongfeng's production. The birth of Dongfeng cars marked the end of one era in Chinese history and the beginning of another. Development: In April 2019, Dongfeng led a Series A3 financing round for AutoX, investing tens of millions of dollars.