DONGFENG GROUP (00489) fell over 4% again, as of the time of writing, it fell 4.2%, trading at 3.19 Hong Kong dollars, with a transaction amount of 95.2137 million Hong Kong dollars.
According to Zhitong Finance APP, DONGFENG GROUP (00489) fell over 4% again, as of the time of writing, it fell 4.2%, trading at 3.19 Hong Kong dollars, with a transaction amount of 95.2137 million Hong Kong dollars.
In terms of news, DONGFENG GROUP recently announced that the cumulative auto sales for the company from January to December 2024 were 1.8959 million vehicles, a year-on-year decrease of about 9.2%. The company's parent company, Dongfeng Automobile Group Co., Ltd., had a cumulative auto sales of 2.4806 million vehicles from January to December, a year-on-year increase of about 2.5%. The company's subsidiary, Dongfeng Automobile Co., Ltd., recorded cumulative auto sales of 0.155 million vehicles from January to December, a year-on-year increase of about 2.5%.
It is worth noting that Cui Dongshu, secretary-general of the Passenger Vehicle Association, analyzed on the 9th that the new energy vehicles are experiencing explosive growth, with significant increases in vehicle batch production, a noticeable decrease in per vehicle cost, and the competitive landscape among top players has not stabilized yet. Therefore, in this high-growth market, the "price war" will continue in 2025 and will be extremely fierce.