Honda Civics on an assembly line at Dongfeng’s venture with Honda Motor in Hubei’s provincial capital of Wuhan on January 18, 2018. Dongfeng, China’s second-largest carmaker, moved its passenger car assemblies to Wuhan in 2003, leaving its commercial truck plant in Shiyan, where it originated from. Photo: Chinatopix via AP
In China’s Motown, Dongfeng Motor epitomises how state ownership thrives, evolves under capitalism
- For five decades, Second Auto – now called Dongfeng Motor – has been the evolving face of China’s state-owned enterprises
- Now it is facing pressure to change again, as private automobile makers provide a nimbler competition for this massive organisation
Topic |
40 years of reform and opening up
Honda Civics on an assembly line at Dongfeng’s venture with Honda Motor in Hubei’s provincial capital of Wuhan on January 18, 2018. Dongfeng, China’s second-largest carmaker, moved its passenger car assemblies to Wuhan in 2003, leaving its commercial truck plant in Shiyan, where it originated from. Photo: Chinatopix via AP