Dongfeng Motor Group Co (HK:0489) has released an update.
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Dongfeng Motor Group reported mixed results with a decrease of 8.4% in sales volume for the first nine months of 2024, selling 1,366,181 units, while its parent company saw a 7.0% increase in vehicle sales. The subsidiary DFAC experienced a growth of 1.7%, and the group’s new energy vehicle segment grew by 15.4%, indicating a shift towards greener technology.
For further insights into HK:0489 stock, check out TipRanks’ Stock Analysis page.
