DNFGF - Dongfeng targets double-digit sales growth

Dongfeng Motor Group (DNFGF) sets a sales target based on auto industry development and the company’s business arrangement. The Chinese automaker is aiming for overall sales in 2021 of 3,292,000 units to mark 14.8% from last year's sales level. The sales target for passenger vehicles is 2,669,000 units, up 15.4% from a year ago. Overall, China auto sales are expected to increase more than 4% to 26M this year, per the China Association of Automobile Manufacturers predicted last week. China's EV sales expected to grow by 40% to 1.8M units in 2021.

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Dongfeng targets double-digit sales growth