Industry dynamics

Dongfeng Motor sees 4,120,000 sales in 2017

Publishtime:1970-01-01 08:00:00 Views:60

Dongfeng Motor sees 4,120,000 sales in 2017

Shanghai (ZXZC)- Dongfeng Motor Corporation (Dongfeng Motor) sold some 4,120,000 vehicles in total throughout 2017. Its operation revenue and profit increased by 12% and 8% respectively. Liu Weidong, vice general-manager of Dongfeng Motor, stated that the group plans to achieve total sales of 4,500,000 units in 2018 that increases 9% compared with 2017.

In 2017, the PV annual sales of Dongfeng Motor reached around 3.527 million units.  Among them, some 1.562 million units of sedan were sold. SUV’s annual sales increased 10% year on year to around 1.642 million units. 

Meanwhile, the group sold some 593,000 CVs throughout 2017 with a year-on-year growth rate of 20.7%. Its annual sales of heavy truck, light truck and mini-truck rose by 51.4%, 14.8% and 20.7% year on year to around 216,000 units, 188,000 units and 105, 000 units respectively.  In addition, some 42,000 coaches were sold last year, up 1.2% from a year earlier.

The 2017 sales of Dongfeng Motor’s joint ventures totaled around 2.681 units. Dongfeng Nissan delivered 1,111,574 units with a growth rate of 10.4% year on year which overfulfiled its initial annual target. Dongfeng Honda’s annual delivery sales were up year-on-year 22% to 727,025 units and its annual wholesales volume reached 714,255 units, jumping 25.3% to a record high. 72,188 units of Dongfeng Renault were sold last year, not only soaring 140% from the previous year but also completing its annual sales target of 70,000 units the company set at the beginning of 2017. Besides, Dongfeng Peugeot Citroen sold around 378,000 vehicles throughout 2017 and set the 2018 target of delivering 476,000 units.

In 2017, the sales of Dongfeng Motor’s self-owned brands were up 4.5% year on year to around 1.439 million units. Dongfeng Sokon(DFSK) delivered around 402,000 units in 2017, growing 6.65% from a year earlier, which tallied a record high in history. In addition, DFSK achieved a remarkable year-on-year increase of 118.44% in SUV’s sales. Some 271,000 units of Dongfeng Fengguang were sold last year, accounting for 67.4% of DFSK’s annual sales. In 2017, the annual delivery sales of Dongfeng Venucia were up 22.7% compared with 2016 to a record high of 143,031 units.

As to Dongfeng Motor's sales performance in NEV area, around 54, 000 NEVs were sold last year, shooting up by 117.6% year on year. To be specific, PVs of NEV reached an annual sales volume of some 16,000 units, jumping 114.1% from the previous year and the 2017 sales of new energy CVs leapt year-on-year 120% to around 39,000 units.

Last year, Dongfeng Motor exported around 65,000 vehicles in total, jumping by 55.3% year on year. Export sales of PVs soared yea-on-year 87.6% to around 40,000 units and CVs’ export volume climbed year-on-year 22.2% to around 25,000 units. Besides, the automaker reaped breakthrough at oversea markets such as Iran, Russia and Indonesia.