Dongfeng Motor Group Co (HK:0489) has released an update.
Dongfeng Motor Group reported a mixed performance in its first eight months of 2024, with a 7.1% decrease in the company’s sales volume, totaling 1,198,249 units, while its parent company experienced an 8.7% sales increase. Subsidiary DFAC saw a 5.2% growth in sales, reaching 102,549 units. Notably, the Group’s new energy vehicle segment showed a robust increase of 21.2% year-on-year, underscoring a shift towards more sustainable vehicle options.
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