Dongfeng Motor Jan vehicle sales fall 19.5% y/y

Shanghai, February 18 (Gasgoo.com) Dongfeng Motor Group Co, China's third-largest automaker, said yesterday that its vehicle sales in January fell 19.46% from a year earlier. It delivered 72,483 vehicles in January, down from 89,994 units of one year ago, reported Reuters.

Sales of passenger cars dropped 3.10% year on year (y/y) to 62,560 units, while the company's commercial vehicle sales fell 60.99% y/y to 9,923 units.

Dongfeng operates car manufacturing ventures with PSA Peugeot-Citroen and Honda Motor. It also makes cars and commercial vehicles with Nissan Motor.

Last month, joint venture Dongfeng Nissan sold 41,734 units, down 26.39%, Dongfeng PSA sold 16,093 units, down 12.26%, and Dongfeng Honda sold 14,520 units, up 1.06%.