Dongfeng Motor Group (HKG:0489) sold 116,790 vehicles in January, down 48.5% from 226,875 units in the year-ago period, according to a Monday Hong Kong Exchange filing.
Production volume in the reporting month stood at 112,577 units, down 49.7% from 223,654 units a year earlier.
The company produced 20,807 new energy vehicles during the month, down 32.9% from 30,987 units last year, and sold 20,431 units, also down 28.1% from 28,403 units a year ago.
Dongfeng Motor Corporation, the company's parent firm, saw total sales of about 143,335 units for the reporting month, marking a 47.7% year-on-year decrease.
Meanwhile, unit Dongfeng Automobile's (SHA:600006) sales for January decreased by 44.2% year on year to 8,408 units.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.