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An update from Dongfeng Motor Group Co ( (HK:0489) ) is now available.
Dongfeng Motor Group reported a 20.8% year-on-year decrease in total sales volume for the first four months of 2025, with 526,722 units sold. Despite the overall decline, the company experienced a 27.7% increase in new energy vehicle sales, totaling 120,356 units. This shift highlights the company’s strategic focus on expanding its presence in the new energy vehicle market, which could potentially strengthen its industry positioning amidst declining traditional vehicle sales.
More about Dongfeng Motor Group Co
Dongfeng Motor Group Co., Ltd. is a major player in the automotive industry, primarily focusing on the production and sale of passenger and commercial vehicles. The company is known for its new energy vehicles, which have seen significant growth, and operates under the larger Dongfeng Motor Corporation umbrella.
Average Trading Volume: 81,885,795
Technical Sentiment Signal: Buy
Current Market Cap: HK$35.98B
Find detailed analytics on 0489 stock on TipRanks’ Stock Analysis page.