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The latest update is out from Dongfeng Motor Group Co ( (HK:0489) ).
Dongfeng Motor Group reported a strong start to 2026, with total January vehicle sales rising 18.8% year-on-year to 138,761 units, driven by robust growth in both passenger and commercial vehicles. New energy vehicle sales nearly doubled, jumping 89.7% to 38,760 units, underscoring the company’s accelerating pivot toward electrified models and strengthening its position in China’s competitive new energy vehicle segment. The broader Dongfeng Motor Corporation group saw sales increase 29.3% to 185,340 units, while subsidiary Dongfeng Automobile Company Limited recorded a 31.6% rise to 11,066 units, signaling broad-based momentum across the group’s operations at the beginning of the year.
The most recent analyst rating on (HK:0489) stock is a Buy with a HK$11.24 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 Chinese automaker engaged in the production and sale of passenger and commercial vehicles, including sedans, SUVs, MPVs, trucks and buses. The group has an increasing strategic focus on new energy vehicles, reflecting broader industry trends toward electrification and supporting its competitive position in both domestic passenger and commercial vehicle markets.
Average Trading Volume: 16,340,873
Technical Sentiment Signal: Buy
Current Market Cap: HK$73.86B
For detailed information about 0489 stock, go to TipRanks’ Stock Analysis page.