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Dongfeng Motor Group Posts Higher Sales, Production in December
DONGFENG GROUP (00489.HK) accumulated automobile sales in 2024 reached 1.896 million units, a decrease of approximately 9.2% compared to the previous year.
On January 7, Gelonghui reported that DONGFENG GROUP (00489.HK) announced that the cumulative automobile sales for the company from January to December 2024 were 1,895,934 units, a year-on-year decrease of approximately 9.2%. The parent company, Dongfeng Automobile Group Co., Ltd., had cumulative automobile sales of 2,480,579 units from January to December, an increase of about 2.5% year-on-year. The subsidiary, Dongfeng Automobile Co., Ltd. (A-share stock code 600006), reported cumulative automobile sales of 155,003 units from January to December, also showing a year-on-year increase of about 2.5%.
Express News | Dongfeng Motor - Total Sales Volume for 2024 Was 1.9 Mln Units, Decrease of 9.2%
Cui Dongshu: In November, the retail sales of Electric Vehicles increased nearly 50% year-on-year, with strong growth momentum continuing.
In 2024, there will be intense changes in the domestic New energy Fund landscape, with the leading effects of traditional car manufacturers such as BYD, Geely, and Chery becoming increasingly evident, while the lower to mid-range segments remain relatively strong.
In 2024, the seventh batch of Electric Vehicles exempt from vehicle purchase tax has been announced. Cui Dongshu: There are a variety of products with high energy density in Batteries.
In 2024, there are a total of 20,085 models of Electric Vehicles in the tax exemption directory. Due to the large number in the first batch, the quantity of Electric Vehicles in the directory is relatively higher than the normal levels in recent years.
According to the China Association of Automobile Manufacturers, the total import and export value of Autos commodities in November 2024 is 24.67 billion USD, a decrease of 5.5% year-on-year.
According to the data compiled by the China Association of Automobile Manufacturers from the General Administration of Customs, in November 2024, the total import and export value of Autos commodities was 24.67 billion USD, a month-on-month decrease of 2% and a year-on-year decrease of 5.5%.
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