Dongfeng Motor Group faces two-digit YoY plunge in Jan. 2023 sales

Beijing (Gasgoo)- In the first month of 2023, Dongfeng Motor Group Company Limited (Dongfeng Motor Group) saw its monthly sales reach 108,088 vehicles.

Photo credit: Dongfeng Motor

Among the vehicles sold in the past month, 12,072 units were new energy vehicles, dropping 38% year on year. 

Dongfeng Motor Group sold 92,826 passenger vehicles in January 2023, down 64.7% from the previous year. Of which, 11,357 units were new energy passenger vehicles, which also slipped 36.7% compared to the same month in 2022.

Specifically, the group’s premium new energy vehicle brand, VOYAH, delivered 1,548 vehicles in January, which notched down 0.32% over the prior-year period. Whereas eGT, Dongfeng’s French-Sino new energy vehicle dedicated arm, saw a 14.41% year-on-year increase in January sales, which came in at 7,342 vehicles. Notably, eGT was the only sub-brand of Dongfeng Motor Group to achieve a positive sales growth in January. 

As to the group’s other joint ventures, Dongfeng Peugeot Citroën sold 5,625 vehicles in the past month, indicating a 59.5% decrease from a year ago. With 30,516 vehicles sold in January, Dongfeng Honda saw its monthly sales more than halved from a year ago.