BRIEF: Dongfeng Motor’s sales fall 11% in 11 months through November
0489.HK
600006.SHG
Car maker Dongfeng Motor Group Co. Ltd. (0489.HK) announced on Thursday that it sold 1.7 million vehicles in the first 11 months of the year, down 11.1% year-on-year. Its passenger vehicle sales fell 12.7%, while commercial vehicle sales fell 3%. Its new energy vehicle (NEV) sales continued to do well during the period, with cumulative sales of approximately 353,000 units, up nearly 11% year-on-year.
The group also announced that its Dongfeng Automobile Co. Ltd. (600006.SH) subsidiary recorded cumulative sales of 139,700 in the first 11 months of the year, representing a slight decrease of 1.3% year-on-year.
By Lau Chi Hang
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