Dongfeng Peugeot-Citroën
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Dongfeng Peugeot-Citroën, formerly Dongfeng Peugeot-Citroën Automobile Co., Ltd. (DPCA) from 1992 to 2021, is an equally owned Chinese
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...
between the automobile manufacturers Dongfeng Motor Corporation and
Stellantis Stellantis N.V. is a multinational automaker formed in 2021 through the Mergers and acquisitions, merger of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group, PSA (Peugeot S.A.) Group. The company's hea ...
(known as
PSA Peugeot Citroën Peugeot S.A., trading as Groupe PSA () (formerly PSA Peugeot Citroën from 1991 to 2016) was a French multinational automotive manufacturing company which produced automobiles and motorcycles under the Peugeot, Citroën, DS, Opel and Vauxhal ...
at the time of the formation of the joint venture). Based in
Wuhan Wuhan; is the capital of Hubei, China. With a population of over eleven million, it is the most populous city in Hubei and the List of cities in China by population, eighth-most-populous city in China. It is also one of the nine National cent ...
, capital of
Hubei province Hubei is a province in Central China. It has the seventh-largest economy among Chinese provinces, the second-largest within Central China, and the third-largest among inland provinces. Its provincial capital at Wuhan serves as a major politi ...
, it manufactures
Peugeot Peugeot (, , ) is a French automobile brand owned by Stellantis. The family business that preceded the current Peugeot companies was established in 1810, making it the oldest car company in the world. On 20 November 1858, Émile Peugeot applie ...
and
Citroën Citroën ()The double-dot diacritic over the 'e' is a diaeresis () indicating the two vowels are sounded separately, and not as a diphthong. is a French automobile brand. The "Automobiles Citroën" manufacturing company was founded on 4 June 19 ...
models for sale in
China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
. Its cars are well liked by consumers, and the Citroën brand received one of the highest scores in a 2014 customer satisfaction survey done by JD Power in China. Not all Stellantis products sold in China were sold or manufactured by its joint venture with Dongfeng;
DS Automobiles DS Automobiles is a French Luxury car, luxury-Premium segment, premium marque created in 2009. Formerly part of Automobiles Citroën, Automobiles Citroën S.A., DS has been a standalone brand ultimately owned by PSA Group, later Stellantis. The in ...
models were once the domain of the former Changan PSA joint venture with Changan Automobile. DPCA also produces Dongfeng Fengshen-branded consumer vehicles in the same factories that manufacture the Stellantis models these
private label A private label, also called a private brand or private-label brand, is a brand owned by a company, offered by that company alongside and competing with brands from other businesses. A private-label brand is almost always offered exclusively by th ...
cars are based on.


History

The
Peugeot Peugeot (, , ) is a French automobile brand owned by Stellantis. The family business that preceded the current Peugeot companies was established in 1810, making it the oldest car company in the world. On 20 November 1858, Émile Peugeot applie ...
and
Citroën Citroën ()The double-dot diacritic over the 'e' is a diaeresis () indicating the two vowels are sounded separately, and not as a diphthong. is a French automobile brand. The "Automobiles Citroën" manufacturing company was founded on 4 June 19 ...
brands separately tried to enter the China market in the 1980s. Citroën sold the CX model in 1984, and it even appeared in a Chinese film. At the time, Citroën was competing with
Volkswagen Volkswagen (VW; )English: , . is a German automotive industry, automobile manufacturer based in Wolfsburg, Lower Saxony, Germany. Established in 1937 by German Labour Front, The German Labour Front, it was revitalized into the global brand it ...
for the "large car" contract with
SAIC Motor SAIC Motor Corp., Ltd. (formerly Shanghai Automotive Industry Corporation) is a Chinese State-owned enterprises of China, state-owned automobile manufacturer headquartered in Anting, Shanghai. Founded in 1955, it is currently the largest of the ...
, and Volkswagen won, investing $2 Billion in the China market from 1984 to 1998. Peugeot also saw lackluster results. In 1985, it established a
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...
with the government of Guangzhou, Guangzhou Peugeot Automobile Company, which built the
Peugeot 505 The Peugeot 505 is a large family car produced by the French manufacturer Peugeot from 1979 to 1992 in Sochaux, France. It was also manufactured in various other countries including Argentina (by Sevel from 1981 to 1995), China, Thailand, Indon ...
and was defunct by 1997. The current Dongfeng Peugeot-Citroën comes from a second chance at market entrance for Citroën provided by 'Second Auto Works' (Dongfeng), in 1992. Realizing it lacked a consumer product line, state-owned vehicle maker Dongfeng Motor Corporation initially approached Toyota in the hopes of establishing a joint venture but was rebuffed leading to the same offer being afforded Citroën. Talks were reported to have taken place in Paris as early as the last 1980s with agreement reached in 1990. However, the project was delayed by two years due to French government resistance following the
Tiananmen Square massacre The Tiananmen Square protests, known within China as the June Fourth Incident, were student-led demonstrations held in Tiananmen Square in Beijing, China, lasting from 15 April to 4 June 1989. After weeks of unsuccessful attempts between t ...
, and it only came off the ground in 1992. Initially referred to as Dongfeng Citroën Automobile Company (DCAC), this
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...
company situated itself in
Wuhan Wuhan; is the capital of Hubei, China. With a population of over eleven million, it is the most populous city in Hubei and the List of cities in China by population, eighth-most-populous city in China. It is also one of the nine National cent ...
. Its first product was a hatchback built from semi-complete knock-down kits, the ZX Fukang, and by 1996 production capacity had reached 150,000 units/year with a second offering, the Fukang 988 sedan, being added in 1998. The project may not have seen great success due to a limited product line and delays from the beginning. In addition, early reliance on Shanghai's industrial base (and with it stretched supply chains) for locally sourced parts may have proved a hindrance; at the very least to the development of Wuhan's own industrial cluster. As of 1997, DCAC counted amount its component suppliers 80% more Shanghai firms than those based in Wuhan, and in the early 2000s easily 50% of locally sourced parts continued to come from Shanghai. In 2002, the first Peugeot-branded product was introduced and the JV was renamed Dongfeng Peugeot-Citroën Automobile (DPCA). That same year saw the joint venture held with equal equity between its French and Chinese parents, but it wasn't until 2004 that Chinese and French banks relaxed their grip on the firm and true 50% ownership stakes were each taken by Dongfeng and PSA Peugeot Citroën. While most current offerings are versions of cars available in other markets, some vehicles have been tailored to better suit local demand such as changing
hatchback A hatchback is a car body style, car body configuration with a rear door that swings upward to provide access to the main interior of the car as a cargo area rather than just to a separated trunk. Hatchbacks may feature fold-down second-row sea ...
s to three-box designs. At least one car, sold under the name Citroën C2, appears to have been reworked extensively; confusingly the Chinese version C2 seems to have been a rebadged Peugeot model—not the "actual" Citroën C2. On March 3, 2025, DPCA launched the Hedmos NEV brand, with the first model, the HEDMOS 06, scheduled for deliveries in May 2025.


Operations


Production bases and facilities

As of 2010, the joint venture has three production bases—all in
Hubei province Hubei is a province in Central China. It has the seventh-largest economy among Chinese provinces, the second-largest within Central China, and the third-largest among inland provinces. Its provincial capital at Wuhan serves as a major politi ...
. A fourth was set to become operational 2016 in
Chengdu Chengdu; Sichuanese dialects, Sichuanese pronunciation: , Standard Chinese pronunciation: ; Chinese postal romanization, previously Romanization of Chinese, romanized as Chengtu. is the capital city of the Chinese province of Sichuan. With a ...
,
Sichuan province Sichuan is a Provinces of China, province in Southwestern China, occupying the Sichuan Basin and Tibetan Plateau—between the Jinsha River to the west, the Daba Mountains to the north, and the Yunnan–Guizhou Plateau to the south. Its capita ...
, increasing production capacity by 300,000 units per year. With the completion of this factory, total yearly production capacity will approach one million whole vehicles. A
Xiangyang Xiangyang is the second-largest prefecture-level city by population in northwestern Hubei province, China. It was known as Xiangfan from 1950 to 2010. The Han River (Hanshui), Han River runs through Xiangyang's centre and divides the city n ...
production base makes engines with capacity in excess of one million, yearly, and has been operational since 1996.
Stellantis Stellantis N.V. is a multinational automaker formed in 2021 through the Mergers and acquisitions, merger of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group, PSA (Peugeot S.A.) Group. The company's hea ...
has two facilities in
Shanghai Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...
—an R&D center (the China Tech Center) and a design center. As of 2023, only one production plant is still in operation in Wuhan (Plant 3), with Plant 1 being converted to commercial development and Plant 2 being sold to Dongfeng-Honda for a new electric vehicle plant. The Chengdu plant is also in operation.


Dealer network

Its dealer network boasts nearly 300 Citroën shops in over 200 Chinese cities and about 170Peugeot sees China driving its brand
chinadaily.com.cn, 2010-10-29
Peugeot
showroom A plumbing fixture showroom, Canada, 1921 A showroom is a large space used to display products or show entertainment. Marketing location A showroom is a large space used to display products for sale, such as automobiles, furniture, appliances ...
s (other sales and service stores that carry and cater to Peugeots do exist). As of 2010, imported models are also sold although by a separate, wholly PSA-owned subsidiary, Peugeot Citroën (China) Automotive Trade Co Ltd. It's possible the situation has changed as of 2015 since in that year
Groupe PSA Peugeot S.A., trading as Groupe PSA () (formerly PSA Peugeot Citroën from 1991 to 2016) was a French multinational automotive manufacturing company which produced automobiles and motorcycles under the Peugeot, Citroën, DS, Opel and Vauxhal ...
signed an agreement with Dongfeng to sell some imports.


Ownership

Ownership of the joint venture has evolved since its establishment in 1992. In 2000, ownership was: 31%, Dongfeng Motor Corporation; 39%, Chinese banks; 26.9%, PSA Peugeot Citroën; 3.1%, international banks. In 2002, both Dongfeng and PSA Peugeot Citroën took equal 32% shares, and by 2004 they had bought out the remaining equity stakes held by banks resulting in each vehicle-maker holding 50% ownership of the joint venture. After the
IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
, the stake held by Dongfeng Motor Corporation was transferred to
Dongfeng Motor Group Dongfeng Motor Group Co., Ltd., doing business as DFG, is a Chinese holding company based in Wuhan, Hubei. Its H shares were listed on the Hong Kong stock exchange. Dongfeng Motor Group formed several joint ventures with other foreign automobi ...
. In a rare move for the industry, 2014 saw
Dongfeng Motor Group Dongfeng Motor Group Co., Ltd., doing business as DFG, is a Chinese holding company based in Wuhan, Hubei. Its H shares were listed on the Hong Kong stock exchange. Dongfeng Motor Group formed several joint ventures with other foreign automobi ...
take a 14% stake in the then-ailing
PSA Peugeot Citroën Peugeot S.A., trading as Groupe PSA () (formerly PSA Peugeot Citroën from 1991 to 2016) was a French multinational automotive manufacturing company which produced automobiles and motorcycles under the Peugeot, Citroën, DS, Opel and Vauxhal ...
, a parent company of DPCA.


Sales figures


Products


Current

Citroen C5X IMG003.jpg, Citroën C5 X C5aircross.jpg, Citroën C5 Aircross (380THP) Peugeot 4008 CN II 001 China 2017-03-30.jpg, Peugeot 4008 Peugeot 5008 II 01 China 2018-03-20.jpg, Peugeot 5008 2022 Dongfeng-Peugeot 408 (facelift, front).jpg, Peugeot 408 Sedan Peugeot 408 (crossover) 1X7A7195.jpg, Peugeot 408 X PEUGEOT 508L China (4).jpg, Peugeot 508L


Discontinued

Citroën Fukang China 2016-04-10.jpg, Citroën Fukang Citroën C-Elysée II facelift 01 China 2017-03-24.jpg, Citroën C-Elysée Citroën C2 CN China 2016-03-28.jpg, Citroen C2 Citroën C3-XR facelift 001 China 2019-03-28.jpg, Citroën C3-XR Citroen C3L 001.jpg, Citroën C3L Citroën C4 Aircross CN 01 China 2019-03-14.jpg, Citroën C4 Aircross Citroën C4L 01 China 2014-04-18.jpg, Citroën C4L Sedan Citroën C-Quatre sedan facelift China 2016-04-08.jpg, Citroën C-Quatre Citroen C4 IMG001.jpg, Citroën C4 Citroen C5 II facelift 001.jpg, Citroën C5 II Citroen C6 front-right 2016 Auto China.jpg, Citroën C6 PEUGEOT 301 (2012) China.jpg, Peugeot 301 Peugeot 308S 3 China 2017-04-03.jpg,
Peugeot 308 The Peugeot 308 is a small family car ( C-segment car; compact car in North America) produced by French automobile manufacturer Peugeot. It was unveiled in June 2007, and launched in September 2007 in hatchback form, which was followed by stati ...
Hatchback Peugeot 308 CN II 01 China 2017-03-19.jpg,
Peugeot 308 The Peugeot 308 is a small family car ( C-segment car; compact car in North America) produced by French automobile manufacturer Peugeot. It was unveiled in June 2007, and launched in September 2007 in hatchback form, which was followed by stati ...
Sedan Peugeot 2008 China 2014-05-01.jpg, Peugeot 2008 Peugeot 3008 A facelift.jpg, Peugeot 3008


Footnote


References


External links

* {{DEFAULTSORT:Dongfeng Peugeot-Citroen Chinese companies established in 1992 Vehicle manufacturing companies established in 1992 Car manufacturers of China Dongfeng Motor joint ventures Stellantis