DNFGF News and Press, Dongfeng Motor Group Co Ltd

2024-07-05 07:12:11 ET Summary Global electric car sales in May 2024 are up 23% YoY to 20% share. China sales up 33% to 47% share. Europe is down 10% to 21% share. The USA is up 3.2% to 8.74%. EV market news - EVs pass a key measure of 'Price Parity' in the US. EU to slap tariffs ...

2024-06-10 10:26:26 ET Summary Global electric car sales in April 2024 up 25% YoY to 18% share. China sales up 27% to 44% share. Europe is up 11% to 20% share. USA is up 2.6% to 9.14%. EV market news - President Biden announces tariffs on Chinese EVs will increase from 25% to 100%...

2024-05-07 11:56:20 ET Summary Global electric car sales March 2024 up 3% YoY to 13% share. China sales up 29% to 43% share. Europe up 10% to 20% share. USA up 19% to 9.39% share. EV market news - EVs dominate the Beijing Auto Show 2024. IEA report: More than 1 in 5 cars sold glob...

2024-04-07 04:43:13 ET Summary Global electric car sales Feb. 2024 up 3% YoY to 13% share. China sales down 9% to 33% share. Europe up 10% to 20% share. USA up 11% to 8.8% share.1. EV market news - Biden administration cracks down on gasoline-fueled cars. India cuts import taxes o...

2024-03-06 11:52:43 ET Summary Global electric car sales Jan. 2024 up 63%YoY to 16% share. China sales up 95% to 32% share. Europe up 26% to 20% share. USA up 19% to 9.8% share. EV market news - Adamas Intelligence: What electric car slowdown? Global EV industry is breaking record...

China's auto industry faces numerous short-run and long-run headwinds; NEVs will not be exempt. it is foolish to project recent growth beyond the next year. As the market matures, the action is shifting from micro- and midsized-vehicles (A00 and B segments) to A segment compact sedans...

China's Ministry of Commerce announced new steps to support automobile sales in the nation that will include extending a tax break and boosting credit options. The government is also studying extending tax exemptions for new energy vehicles and planning for more charging stations. ...

Stellantis N.V. (STLA -1.3%) is exploring a new China strategy beginning with the closure of one of the two factories that are part of a joint venture between the company and Chinese automaker GAC Group. The plant's production will be transferred from the Guangzhou plant to one in Changsa to ...

French group has signed its first big deal since exiting its main joint venture last year. On Monday, Renault (OTC: RNLSY) revealed it will partner with Geely Automobile Holdings Limited (OTC: GELYF), the Chinese owner of Sweden’s Volvo Cars, to tap into China’s rapidly growin...

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 i...