Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Dongfeng Motor Group Co ( (HK:0489) ) has shared an update.
Dongfeng Motor Group Company Limited reported a significant decline in its production and sales volumes for January 2025, with total sales falling by 48.5% year-on-year to 116,790 units. This decline reflects broader challenges within the automotive industry, impacting the company’s operations and market positioning. The decrease in sales spans across various vehicle categories, including passenger, commercial, and new energy vehicles, highlighting potential concerns for stakeholders regarding the company’s future performance and market strategy.
More about Dongfeng Motor Group Co
Dongfeng Motor Group Company Limited is a joint stock company incorporated in China, primarily engaged in the automotive industry. It focuses on the production and sales of a wide range of vehicles, including passenger cars, commercial vehicles, and new energy vehicles.
YTD Price Performance: -10.0%
Average Trading Volume: 10,838
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $3.42B
For detailed information about 0489 stock, go to TipRanks’ Stock Analysis page.
