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Home > News > Industry News > Japanese media: Dongfeng and FAW ...

Japanese media: Dongfeng and FAW cooperation "merger" or not far

2017-02-23 09:01:24
According to the "Nihon Keizai Shimbun" reported on February 20, a few days ago, China Dongfeng Motor Corporation and China First Automobile Group signed a strategic cooperation agreement, the two sides will be in the automotive networking and fuel cell and other advanced technology areas to carry out strategic cooperation. A number of Chinese media reported the news. China's second and third competitor is a special case of mutual cooperation. There are views that this cooperation may be for future mergers.

According to reports, the two sides will work together to reduce the weight of the car, scheduled to build a collaborative content based on the technical center.

Dongfeng Motor is a large state-owned enterprise with Nissan and Honda, which is second only to Shanghai Automotive Group, ranking second in the industry. To foreign brands car as the center, the current sales are still growing.

The first car is also China's well-known state-owned enterprises, sales ranked third in the industry. And the German Volkswagen and Toyota to carry out cooperation, mainly to the two companies brand car production and sales as the center.

On the other hand, in the context of the imperative reform of state-owned enterprises, there are previous views that the two companies will merge. In 2015, the two sides had a special staff turnover adjustment, analysis that through this cooperation will further promote the merger.

However, the two companies have a number of overseas companies have relations of cooperation. Interest regulation is very complex, so there are views that the two sides in the short term merger is not easy.