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There Might Be More To DongFeng Automobile's (SHSE:600006) Story Than Just Weak Earnings
Investors were disappointed with DongFeng Automobile Co. LTD's (SHSE:600006) recent earnings. We think that they may have more to worry about than just soft profit numbers. SHSE:600006 Earnings an
Simply Wall St38minutes ago
Changes in Hong Kong stocks | Dongfeng Group shares (00489) rose more than 4% in early trading, controlling shareholder Dongfeng Motor Company continued to increase the company's H shares
Dongfeng Group shares (00489) rose more than 4% in early trading. As of press release, it had risen 3.45% to HK$3, with a turnover of HK$31,313 million.
Zhitong FinanceApr 23 22:21 ET
Chinese Commercial Vehicle Sales Rise 10% in Q1
Chinese commercial vehicle sales jumped 10% to more than 1 million in the first quarter, Xinhua News Agency reported Sunday, citing the China Association of Automobile Manufacturers.
MT NewswiresApr 22 05:06 ET
Controlling Shareholder Boosts Stakeholding in Dongfeng Motor Group
Dongfeng Motor Group's (SHA:600006, HKG:0489) controlling shareholder, Dongfeng Motor Corp., bought around an additional 3,160,000 H shares in the company for HK$2.77 apiece, a same-day filing on the
MT NewswiresApr 18 06:25 ET
Dongfeng's NEV Brand Voyah Makes Foray Into Italian Market
Voyah has launched three BEV models in Italy, with the first 100 available vehicles already sold out.
CnEVPostApr 17 02:20 ET
Sales of Chinese Passenger Vehicle Brands Jump 26% in Q1
Sales of Chinese passenger vehicles jumped 26.4% to 3.4 million in the first quarter, Xinhua News Agency reported Sunday, citing the China Association of Automobile Manufacturers.
MT NewswiresApr 15 05:10 ET
whqqq : Well, not 4-to-1 but 2-to-1 because of hybrids, but yes.
RocketBulldozer whqqq:
BYD brand perception in China is a cheap car with low brand perception. More frequently sold as Private hire cars, rental cars and Taxis.
If the other brands offer a better deal why not? Wonder which consumer would buy a Taxi without the heavy subsidies? BYD is trying too hard to go into the Premium category with a cheap mindset. Wonder who would buy those cars when Tesla and other brands are slashing their prices
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