Dongfeng Motor Group Reports Mixed Sales Results
Company Announcements

Dongfeng Motor Group Reports Mixed Sales Results

Dongfeng Motor Group Co (HK:0489) has released an update.

Dongfeng Motor Group reported a 10% decrease in sales volume for the first ten months of 2024, reaching 1,526,400 units. Meanwhile, the parent company, Dongfeng Motor Corporation, experienced a 4.5% increase in total sales, amounting to 2,009,108 vehicles. Despite the overall decline, the company’s focus on new energy vehicles showed promising growth with a 10.2% increase in production.

For further insights into HK:0489 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskDongfeng Motor Announces Strategic Equity Transfers
TipRanks HongKong Auto-Generated NewsdeskDongfeng Motor Group’s Sales Performance Mixed
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App