SEHK:489Auto
Assessing Dongfeng Motor Group (SEHK:489) Valuation After NEV Growth Offsets Weaker Legacy Sales
NEV growth offsets weaker legacy sales at Dongfeng Motor Group
Dongfeng Motor Group (SEHK:489) has drawn investor attention after reporting a 1.2% year-on-year rise in total sales volume for the first two months of 2026, driven by strong new energy vehicle performance.
NEV sales climbed 51.8% in this period, with commercial NEV volumes growing by 138.8%. This helped soften the impact of weaker traditional passenger vehicle sales at Dongfeng Nissan and Dongfeng Honda.
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