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The latest update is out from Dongfeng Motor Group Co ( (HK:0489) ).
Dongfeng Motor Group Company Limited reported a total sales volume of 978,462 units for the first seven months of 2025, marking an 8.9% decrease year-on-year. Despite the overall decline, the company saw a significant 35.5% increase in new energy vehicle sales, highlighting a strategic focus on this growing sector. The parent company, Dongfeng Motor Corporation, also experienced a sales decline of 10.8%, while its subsidiary, Dongfeng Automobile Company Limited, saw a 17.5% decrease in sales. This announcement reflects the challenges in the traditional automotive market, contrasted with growth in the new energy segment, which may impact the company’s future market positioning and stakeholder interests.
The most recent analyst rating on (HK:0489) stock is a Buy with a HK$6.00 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 Company Limited is a major automotive manufacturer based in China, specializing in the production of passenger vehicles, commercial vehicles, and new energy vehicles. The company is a significant player in the automotive industry, focusing on both traditional and new energy vehicle markets.
YTD Price Performance: 60.48%
Average Trading Volume: 59,885,403
Technical Sentiment Signal: Buy
Current Market Cap: HK$49.27B
See more insights into 0489 stock on TipRanks’ Stock Analysis page.