Dongfeng Motor Group's sales volume to drop by 9.2% in 2024

According to the announcement of Dongfeng Motor Group Co., Ltd., its sales in 2024 will be 1,895,934 vehicles, a year-on-year decrease of about 9.2%. However, the sales of its parent company Dongfeng Motor Group Co., Ltd. increased by 2.5% to 2,480,579 vehicles. Among Dongfeng's three major joint ventures, the sales of Dongfeng Nissan, Dongfeng Honda and Dongfeng Peugeot Citroen Automobile have all declined, especially Dongfeng Honda, which has the largest decline of nearly 30%. On the other hand, the sales of Dongfeng's independent brands such as Dongfeng Passenger Vehicle Company, Lantu Automobile and Mengshi Technology have all achieved significant growth.