Dongfeng Motor Sales Drop Amidst New Energy Gains

Dongfeng Motor Group Co (HK:0489) has released an update.

Dongfeng Motor Group reported a year-on-year decrease of 11.1% in sales for the first eleven months of 2024, reaching 1,704,507 units. In contrast, its parent company, Dongfeng Motor Corporation, saw a 2.4% increase in sales during the same period. Despite a challenging year in overall sales, the company experienced growth in the new energy vehicle segment, with a 10.9% rise in sales.

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