Dongfeng Motor sales increase by 36% in September Geely completed 70% of the annual plan
According to the Hong Kong Daily News, Dongfeng Motor (0489.HK) reported a significant sales increase in September, with total vehicle sales reaching 71,202 units—a 36% rise compared to the same period last year. This growth was driven by strong performance in both passenger cars and SUVs, including 19,388 Nissan sedans and 7,364 Honda SUVs. Over the first nine months of this year, Dongfeng Motor sold a cumulative total of 532,496 vehicles, marking a 19.6% year-over-year increase. The company continues to show strong momentum, reinforcing its position in the competitive Chinese auto market.
Meanwhile, Geely Automobile (0175.HK) also posted positive results, with 14,861 units sold in September—an increase of 16% compared to the same month in 2023. Looking at the full nine-month period, Geely’s car sales rose by 44% year-over-year, reaching 127,494 units. The company has already achieved 70.8% of its annual target of 180,000 vehicles, and with continued demand expected in the fourth quarter, Geely is well-positioned to meet or even exceed its annual goal. Analysts are optimistic about the brand's performance as it continues to expand its market share and introduce new models.
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