Dongfeng Yang Yanding: Dongfeng holds equity in Strantis, and both parties are interested in deepening strategic cooperation.
At the media communication meeting of Dongfeng Motor Group, Yang Yanding, spokesperson of Dongfeng Motor News and General Manager of Strategic Planning Department, responded to the cooperation with Stellantis, saying that Dongfeng also holds shares in Stellantis, and the two sides are building a long-term strategic cooperation model. "In a broader sense, we will move towards deepening strategic cooperation, including how we can go global together in the future," Yang Yanding said, adding that both groups have a clear intention to deepen strategic cooperation. Earlier reports stated that European automotive industry giant Stellantis is planning to collaborate with Chinese Dongfeng Motor, allowing Dongfeng to produce vehicles at Stellantis' European factories and negotiate the production of certain Stellantis brand models in China.
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