Native name 东风裕隆汽车有限公司 Industry Automotive Products Automobiles Founded 14 December 2010 | Type Private joint venture Area served China Headquarters Hangzhou | |
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Owner ChinaDongfeng Motor (50%)
Republic of ChinaYulon Motor (50%) Parent organization Dongfeng Automobile Co., Ltd | ||
Dongfeng Yulon Motor Co., Ltd. (Dongfeng Yulon) is an automobile manufacturing company headquartered in Hangzhou, China and a 50:50 joint venture between the Chinese automaker Dongfeng Motor and the Taiwanese automaker Yulon Motor. Its principal activity is the production, distribution and sale of Luxgen passenger cars in mainland China.
Contents
History
On 29 July 2010 Dongfeng Motor obtained approval from the National Development and Reform Commission of China for the establishment of a joint venture with Yulon Motor.
Dongfeng Yulon was formally established on 14 December 2010, with the two partners agreeing to invest an initial 3.4 billion yuan (US$510 million) in the venture.
Dongfeng Yulon began production of its first model, the Luxgen 7 SUV, on 28 July 2011. Mainland China sales of the Luxgen 7 began in October 2011.
Products
Dongfeng Yulon currently produces the following vehicles:
Operations
Dongfeng Yulon operates manufacturing facilities in the Linjiang Industrial Zone of Xiaoshan which have an annual production capacity of 120,000 vehicles and 120,000 engines.
Sales
Dongfeng Yulon sold a total of 31,106 vehicles in 2011, the majority of which were Luxgen 7 models.
A total of 31,270 Luxgen brand vehicles were sold in China in 2013, making it the 49th largest-selling car brand in the country in that year.