Dongfeng Motor Group Co (HK:0489) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Dongfeng Motor Group Co. has reported a 2.2% increase in sales volume for the first half of 2024, totaling 966,137 units, indicating steady growth amidst a challenging market. The company’s parent, Dongfeng Motor Corporation, saw an even more significant hike with a 16.7% rise in vehicle sales. Notably, the subsidiary DFAC experienced a remarkable 20.3% growth, reflecting the group’s strong performance across its diverse portfolio.
For further insights into HK:0489 stock, check out TipRanks’ Stock Analysis page.
