Dongfeng Motor Corp has set a target to sell 1.4 million vehicles this year, against 1.32 million units in 2008, the official Xinhua News Agency reported today.

China's third largest automaker Dongfeng Motor has no intention to acquire the troubled General Motors, reported Securities Daily yesterday, citing a publicity officer of the company.

Dongfeng Motor Group Co., Ltd., a leading automaker in China, is seeking to acquire at least some assects of General Motors (GM) through contact with financial advisors close to the US auto giant, SinoCast reported today citing unnamed sources.

Nissan Motor Co., Ltd. (NML) and Dongfeng Motor Group Co., Ltd. (DFG) have jointly announced the opening of Dongfeng Nissan Auto Finance Co., Ltd. (DNAF), based in Shanghai.