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Dongfeng Motor Aims To Export 100,000 Vehicles In 2013

|Includes: Dongfeng Motor Group Co., Ltd.H (DNFGF), DNFGY

Prepared by ChinaScope Financial | Source:Tencent Auto

  • Dongfeng Motor Corporation (the company), the parent company of Dongfeng Motor Group Co., Ltd. (00489: HKG), announced its plan to export 100,000 vehicles this year. According to the company, it will establish two sales subsidiaries in the overseas markets and set up sales representative offices in Africa, South America, Southeast Asia, and the Middle East in 2013.
  • In addition, a total of 106 sales outlets (32 for passenger vehicles and 74 for commercial vehicles) will be established in the overseas markets this year.
  • In 2012, export volume of the company increased 32.3 percent year-on-year to 84,800 vehicles, of which a majority was commercial vehicles.