Dongfeng Motor’s Sales Surge in Early 2024

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

Dongfeng Motor Group Co reported robust growth for the first five months of 2024 with a notable 5.9% year-on-year increase in vehicle sales, totaling 811,921 units. The parent company, Dongfeng Motor Corporation, outperformed with a 19.9% surge in vehicle sales, while subsidiary DFAC saw a significant 23.7% growth in the same period. The company’s performance was particularly strong in the New Energy Vehicle segment, which witnessed a 26.2% jump in sales volume compared to the previous year.

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