Junfeng Motor Leverages Dongfeng Peugeot Citroen Financial Leasing Platform to Promote Business

April 10, 2019
(Reporter Xia Wu) On April 9th, relevant personnel of Junfeng Motor Company in Beijing and Dongfeng Peugeot Citroen Financial Leasing Co., Ltd. conducted extensive and in-depth discussions on the cooperation between the two parties to promote the financing of new energy vehicles. The two sides will integrate their respective resource advantages to promote cooperation and promote the development of Dongfeng's new energy industry.

Dongfeng Peugeot Citroen Financial Leasing Co., Ltd. was opened in Beijing earlier this month. This indicates that Dongfeng Peugeot and Dongfeng Citroen brands have their own financial leasing business support and officially entered the new automotive consumer service market of automobile, finance and mobile travel trinity; Junfeng Company just started to operate when Dongfeng Peugeot Citroen Financial Leasing Co., Ltd. In terms of entering the cooperation, it is in line with the business development strategy needs of both parties. Junfeng Motor Corporation will effectively utilize this platform to promote the wider application of Dongfeng new energy vehicles.

It is understood that in March 2018, Dongfeng Motor Group Co., Ltd., PSA Group PSA Peugeot Citro龙n Finance Bank (through its Dutch finance company shares), Shenlong Automobile Co., Ltd. jointly funded the establishment of a financial leasing joint venture. In September 2018, Dongfeng Peugeot Citroen Financial Leasing Co., Ltd. was formally established. The company will provide financial leasing and shared mobile travel services to customers of Dongfeng Peugeot, Dongfeng Citroen and Changan Ai Shi (DS) brands.

Dongfeng Peugeot Citroen Financial Leasing Co., Ltd. will comprehensively explore the development of auto financing leasing market and mobile travel business, with direct rent/leaseback and operating leasing as the main business models, carry out auto financing leasing business, and support the sharing of car and new energy vehicles. To provide customers with more rental and travel service solutions; to provide more comprehensive, more humane and more considerate integrated financial services during the purchase and use of vehicles, to enhance the customer's car and car experience, thus helping brand sales.