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An announcement from Dongfeng Motor Group Co ( (HK:0489) ) is now available.
Dongfeng Motor Group reported a slight decrease in total sales volume for the first ten months of 2025, with a 1.6% year-on-year decline, totaling 1,501,025 units. Despite this, the company saw a substantial increase in new energy vehicle sales, which rose by 37.1% year-on-year, highlighting a strategic shift towards more sustainable vehicle options. The parent company, Dongfeng Motor Corporation, also experienced a decline in sales, while the subsidiary Dongfeng Automobile Company Limited saw a more significant drop of 21.4% in sales volume. These figures indicate a challenging market environment but also reflect the company’s growing focus on new energy vehicles, which could enhance its competitive positioning in the evolving automotive industry.
The most recent analyst rating on (HK:0489) stock is a Hold with a HK$9.50 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 automotive manufacturer in China, focusing on the production and sale of passenger vehicles, commercial vehicles, and new energy vehicles. The company is part of the larger Dongfeng Motor Corporation and operates with a significant presence in the Chinese automotive market.
Average Trading Volume: 40,586,281
Technical Sentiment Signal: Buy
Current Market Cap: HK$77.33B
See more insights into 0489 stock on TipRanks’ Stock Analysis page.