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The latest announcement is out from Dongfeng Motor Group Co ( (HK:0489) ).
Dongfeng Motor Group reported a 5% year-on-year decline in total sales volume for the first eight months of 2025, with 1,138,573 units sold. Despite the overall decrease, the company saw a substantial 38.2% increase in new energy vehicle sales, totaling 304,770 units. The parent company, Dongfeng Motor Corporation, also experienced a 7% decline in sales, while the subsidiary Dongfeng Automobile Company Limited reported a 17.4% drop. The announcement highlights the company’s strategic focus on new energy vehicles, which could strengthen its position in the evolving automotive market.
The most recent analyst rating on (HK:0489) stock is a Buy with a HK$13.00 price target. To see the full list of analyst forecasts on Dongfeng Motor Group Co stock, see the HK:0489 Stock Forecast page.
More about Dongfeng Motor Group Co
Dongfeng Motor Group Co., Ltd. is a major Chinese automotive company engaged in the manufacturing and sale of a wide range of vehicles, including passenger cars, commercial vehicles, and new energy vehicles. The company focuses on both domestic and international markets, with a significant emphasis on expanding its new energy vehicle segment.
YTD Price Performance: 136.02%
Average Trading Volume: 68,057,330
Technical Sentiment Signal: Buy
Current Market Cap: HK$72.46B
Learn more about 0489 stock on TipRanks’ Stock Analysis page.