Dongfeng Motor Group Co (HK:0489) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Dongfeng Motor Group reported a year-on-year decrease of 11.1% in sales for the first eleven months of 2024, reaching 1,704,507 units. In contrast, its parent company, Dongfeng Motor Corporation, saw a 2.4% increase in sales during the same period. Despite a challenging year in overall sales, the company experienced growth in the new energy vehicle segment, with a 10.9% rise in sales.
For further insights into HK:0489 stock, check out TipRanks’ Stock Analysis page.