Summary by Moomoo AI
Dongfeng Automobile Group Co., Ltd. (abbreviated as “Dongfeng Group”) issued its March 2024 sales report, showing that the company's cumulative vehicle sales in March 2024 reached 522,090 vehicles, an increase of approximately 14.8% year-on-year. The cumulative sales volume of its parent company Dongfeng Automobile Group Limited was 660,542 vehicles in the same period, an increase of approximately 28.3% year-on-year. Cumulative sales of its subsidiary Dongfeng Motor Co., Ltd., amounted to 45,232 vehicles, an increase of approximately 31.1% year-on-year. Detailed data show that passenger car sales fell slightly, while sales of new energy cars grew significantly, with new energy passenger cars and commercial vehicles growing by 41.2% and 249.8% respectively. TOFENG GROUP'S MAIN PRODUCTION SUBSIDIARIES INCLUDE TOFU NISSAN, TOFU HONDA, SHENDRAGON CARS, ETC., ALL OF WHICH HAVE VARYING LEVELS OF PRODUCTION VARIATION. The announcement was made by Executive Director Mr. Yang Qing on April 2, 2024 in Wuhan, China.