After Dongfeng Motor Group withdrew from the joint venture, Jiangsu Yueda Kia continued to lose money

Since Dongfeng Motor Group withdrew from the joint venture, Jiangsu Yueda Kia has been insolvent. In 2023, Yueda Kia's cumulative sales were 83,875 vehicles, a year-on-year decline of 11.40%. This sales level cannot be compared with the mainstream new car-making forces in China.