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Dongfeng Motor Co records rebound in second quarter sales

chinadaily.com.cn | Updated: 2020-07-30

Dongfeng Motor Co -- the major auto manufacturer based in Wuhan Economic & Technological Development Zone (WHDZ) in Wuhan city, capital of Central China's Hubei province – recently reported a resurgence in sales in the second quarter, according to WHDZ officials.

They said that Q2 sales came in at 935,000 vehicles, a year-on-year increase of 11.8 percent -- and both sales revenue and operating profit increased as well.

Dongfeng reported that sales for its latest month – June – totaled 273,161 units, up from 247,975 units for the same month last year, a gain of 10.16 percent and the third month of sales gains in a row.

While maintaining sales volume growth, Dongfeng Motor Co also actively fulfilled its social responsibilities, WHDZ officials said.

During the COVID-19 pandemic outbreak, the company and its subsidiaries donated funds and materials totaling 105 million yuan ($15 million).

As one of the major industrial groups in Hubei province, in late April, all three factories of Dongfeng Honda in the WHDZ had resumed work and production and were operating at full capacity.

Officials said their production capacity had returned to more than 3,000 vehicles per day and a new car was rolling off the production line every 50 seconds on average.

In May, Dongfeng Honda continued to produce at full capacity, producing 71,000 vehicles, a year-on-year increase of 16.4 percent and the capacity utilization rate was close to 110 percent.