Dongfeng Motor's Q1 PV sales rise 14.7% YoY

Beijing (Gasgoo)- In the first quarter of 2022, Dongfeng Motor Corporation (DFMC) saw a 3.2% year-on-year growth in sales, mostly contributed by its passenger vehicle sector, the automaker reported on April 8th.

Photo credit: Aeolus

From January to March, DFMC sold a total of 848,400 vehicles, up 3.2% from a year ago. With 707,000 vehicles sold, the automaker’s passenger vehicle sectors managed a 14.7% increase compared to the earlier year.

Specifically, DFMC’s wholly-owned passenger vehicle brands sold 172,300 vehicles, surging 63.6% from 2021. The quarterly performance of Aeolus (Dongfeng Fengshen) was especially striking, with 45,900 vehicles sold, representing a 173% soar year on year. Meanwhile, Dongfeng Fengxing managed a 32% jump from 2021, with 41,800 vehicles sold. 

On the other hand, DFMC’s jointly owned brands also saw substantial growth in sales. For the first three months of 2022, Dongfeng Nissan sold 244,200 vehicles. Its Venucia brand more than doubled its sales volume from a year ago to 28,800 vehicles. 

The group’s other Japanese joint venture, Dongfeng Honda, sold 208,900 vehicles in the first quarter of this year, up 2.9% compared to the same period in 2021. 

Moreover, Dongfeng Peugeot Citroën sold 31,500 vehicles, surging 79.5% year over year. 

Lastly, DFMC sold 141,400 commercial vehicles in the first three months of 2022.