Dongfeng Motor Group Co ( (HK:0489) ) has provided an announcement.
Dongfeng Motor Group Company Limited reported a significant decline in its sales volume for the first quarter of 2025, with a 25.7% decrease year-on-year, totaling 388,003 units. This downturn reflects broader challenges faced by the company and its subsidiaries, including Dongfeng Automobile Company Limited, which also experienced a 21.0% drop in sales. Despite these declines, the company saw growth in its new energy vehicle segment, with a 12.2% increase in sales, highlighting a strategic shift towards more sustainable automotive solutions.
More about Dongfeng Motor Group Co
Dongfeng Motor Group Company Limited is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the automotive industry. The company focuses on the production and sale of passenger vehicles, commercial vehicles, and new energy vehicles, serving both domestic and international markets.
YTD Price Performance: 16.16%
Average Trading Volume: 5,207
Technical Sentiment Signal: Sell
Current Market Cap: $4.83B
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