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Buoyant Dongfeng Motor rides growth in sales

chinadaily.com.cn | Updated: 2020-07-10

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Workers get busy at Dongfeng New Energy Industrial Park. [Photo/official WeChat account of WHDZ]  

Dongfeng Motor Co -- an auto manufacturer based in Wuhan Economic & Technological Development Zone (WHDZ) in Wuhan, Central China’s Hubei province -- saw solid growth in auto sales with 322,200 cars sold in June, according to the official WeChat account of the WHDZ.

Zone officials said the latest results of the company, which is based in the WHDZ, represented year-on-year growth of 9.77 percent.

In the first half of 2020, Dongfeng Motor Co sold a total of 1.4 million cars, including 164,000 passenger cars of its own brand.

Dongfeng Motor Co is the largest enterprise based in Wuhan, with total assets of 375.3 billion yuan ($53.74 billion), 147,000 employees and an annual output of more than four million vehicles, ranking it among the top three in the Chinese automotive industry.

The company’s annual sales revenue exceeds 600 billion yuan, ranking it 65th in the Fortune Global 500 list and 15th in the list of top 500 Chinese enterprises. It has ranked first in the list of Top 100 Wuhan Enterprises for several consecutive years.