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Old 07-11-2020, 10:22 AM   #21
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Default Re: Dongfeng-Yulon JV

Remembering back to 2000, Yulon was reported to have invested almost 11 million US dollars for a 25% stake in Dongfeng's Fengshen (Aelous) division. And sales of their licensed Nissan Bluebirds took off, at least for a while after that.
Of course subordinate Yulon was then brushed aside when in 2002 a much more serious relationship developed between Donfeng and the Nissan Goliath.
Interestingly, in 2016, under the revived tie-up, Yulon's Luxgen U6 ranked #3 in the midsize SUV segment of JD Power Initial Quality survey.

Last edited by Lawrence; 07-11-2020 at 10:41 AM. Reason: added point
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