DongFeng Automobile Co. LTD designs, develops, manufactures, and sells automobiles, automobile engines, parts, and castings in the People's Republic of China. It offers diesel and electric vehicles, including light trucks, mini-trucks, vans, special-purpose vehicles, buses, and chassis, as well as other parts and components under the Dongfeng Qiankun, Dongfeng Dolica, Dongfeng Tuyi, Dongfeng Yufeng, Dongfeng Ruilida, and Dongfeng Tianyi names. The company was incoporated in 1999 and is headquartered in Wuhan, the People's Republic of China. DongFeng Automobile Co. LTD operates as a subsidiary of Dongfeng Motor Co. Ltd.
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Dongfeng Motor's first-half net profit rises 27.83% year on year
Dongfeng Motor released its 2026 semi-annual report. During the reporting period, it achieved operating revenue of 5.516 billion yuan, up 9.64% year on year, and net profit attributable to shareholders of the listed company of 124 million yuan, up 27.83% year on year. In the first half, the company sold 69,000 vehicles, up 0.44% year on year, including 18,000 new energy vehicles, up 99.2%, and 13,000 export vehicles, up 81.4%. Research and development expenses reached 213 million yuan, up 74.48% year on year. The company improved its new energy product lineup, launched the OpenVAN unmanned logistics capacity brand, and advanced demonstration operations of autonomous logistics vehicles and intelligent sanitation vehicles.
Dongfeng Motor's first-half net profit attributable to parent rises 27.8% to 124 million yuan
Dongfeng Motor released its 2026 half-year report. Net profit attributable to the parent rose 27.8% year on year to 124 million yuan, while operating revenue was 5.52 billion yuan, up 9.6%. In the second quarter, operating revenue was 3.07 billion yuan, up 27.7% year on year, but the net loss attributable to the parent widened to 81.26 million yuan from a loss of 54.01 million yuan a year earlier. In the first half, the net loss attributable to the parent after deducting non-recurring items narrowed to 22.73 million yuan from 87.07 million yuan a year earlier, and net operating cash flow was negative 930 million yuan, down 61.2% year on year. As of the end of the second quarter, total assets were 16.239 billion yuan, up 1.7% from the end of the previous year, and net assets attributable to the parent were 7.912 billion yuan, up 1.6%. During the reporting period, the company sold 69,000 vehicles, up 0.4% year on year, of which new energy vehicle sales reached 18,000 units, up 99.2% year on year. The company said it is upgrading its operating model around green and environmental protection, digital transformation, and flexible manufacturing to enhance its competitiveness in the light commercial vehicle market.
Dongfeng Motor July sales fall 13.77% year-on-year, new energy vehicle sales jump over 80%
Dongfeng Motor released production and sales data for July 2026. Total monthly sales were 7,509 units, down 13.77% year-on-year, while total production was 8,799 units, up 20.37% year-on-year. Among these, new energy vehicle sales were 3,397 units, a sharp increase of 84.52% year-on-year, and production was 4,771 units, a surge of 178.68% year-on-year. In addition, the joint venture Dongfeng Cummins Engine sold 20,400 engines in the month, up 20.46% year-on-year, and produced 18,400 engines, a slight dip of 0.33% year-on-year. The company previously estimated net profit attributable to shareholders of 120 million to 130 million yuan for the first half, up 23.45% to 33.74% year-on-year. After deducting non-recurring items, it remained in the red but losses narrowed significantly, mainly driven by growth in new energy vehicle sales of 19,000 units, exports of 13,000 units, and engine sales of 160,000 units.
Nine Dongfeng Motor Executives Investigated This Year as Anti-Corruption Storm Intensifies
Dongfeng Motor Corporation has seen nine senior executives investigated this year on suspicion of serious disciplinary and legal violations, marking a significant escalation in its anti-corruption efforts. On July 30, the discipline inspection and supervision team of the Central Commission for Discipline Inspection and the National Commission of Supervision stationed at Dongfeng Motor reported that three individuals are undergoing disciplinary review and supervisory investigation: Li Keping, former assistant general manager of Dongfeng Liuzhou Motor and general manager of its commercial vehicle sales company; Zeng Tao, general manager of the western region for the automotive marketing segment of Shenzhen Dongfeng South Industrial Group; and Yuan Liancheng, former chief engineer of the manufacturing engineering department at Dongfeng Motor Parts and Components Group. The cases are being jointly handled by supervisory authorities from Guangxi, Sichuan, and Hubei. Earlier, on March 13, Dongfeng also reported three individuals under investigation on the same day. Those investigated this year have held key positions across procurement, safety and environmental protection, production and manufacturing, and automotive marketing. Meanwhile, Dongfeng Motor Co., Ltd. expects a net loss after deducting non-recurring items of between 25 million and 15 million yuan for the first half of 2026, with its core business profitability remaining under pressure.
Dongfeng Motor expects attributable net profit to rise 23.45% to 33.74% year-on-year in the first half of 2026
Dongfeng Motor disclosed its earnings forecast, expecting attributable net profit of 120 million to 130 million yuan in the first half of 2026, a year-on-year increase of 23.45% to 33.74%. Deducted non-recurring net loss is expected to be 15 million to 25 million yuan, compared with a loss of 87.0663 million yuan in the same period last year. During the reporting period, the company sold 19,000 new energy vehicles domestically, up 100.3% year-on-year; exported 13,000 vehicles, up 81.4% year-on-year; and sold 160,000 engines, up 26% year-on-year, with the generator set engine business growing significantly. The company continues to promote cost reduction and efficiency improvement across the entire value chain, achieving improved product margins and lower fixed expenses.
Nissan Motor competes in Shanghai Formula E to boost China presence
Nissan Motor competed in the Shanghai round of Formula E over the weekend, placing eighth and 17th, as part of efforts to showcase its technology to Chinese consumers. The Japanese automaker's Formula E team partnered with Dongfeng Nissan Passenger Vehicle for the event, displaying its Formula E race car alongside the NX8 electric SUV launched in April and a sport version of the N7 electric sedan released last year. Nissan's China electric vehicle strategy relies on local partnerships to design, build, and export EVs and smart-car tech, including co-developing vehicles with Dongfeng through the eGT joint venture and integrating Baidu's AI and autonomous-driving software. The goal is to compete with Chinese EV makers by localizing products 'in China, for China' and then exporting those China-developed vehicles and technologies to global markets.
Stellantis bets on Jeep to revive European sales with new SUV lineup
Stellantis is betting on Jeep to lead a turnaround in Europe as part of a $70 billion global strategy focused on four core brands. The automaker plans to import the electric Jeep Recon midsize SUV in 2027, followed by another Jeep model developed with Chinese partner Dongfeng in 2028, and then produce two smaller Jeep SUVs in Europe on the cost-cutting STLA One platform between 2028 and 2030. The push comes after strict emissions rules forced Jeep to stop importing models like the Grand Cherokee and Wrangler, leaving it with only two SUVs in the region. Stellantis aims to channel 70% of its investment into Jeep, Ram, Peugeot, and Fiat, with Jeep seen as key to capturing Europe's popular small and compact SUV segments.
Dongfeng Motor June Vehicle Output at 12,500 Units, Sales at 11,000 Units
Dongfeng Motor released its production and sales data for June 2026. Vehicle output for the month totaled 12,500 units, with sales totaling 11,000 units. Year-to-date vehicle output reached 68,900 units, up 9 percent year-on-year, while cumulative sales hit 69,200 units, up 0.44 percent. Dongfeng Cummins Engine produced 24,200 units in June and sold 23,300 units. Year-to-date engine output stood at 135,000 units, a 23.75 percent increase, and cumulative sales reached 134,000 units, up 18.39 percent. In the first quarter of 2026, the company posted revenue of 2.447 billion yuan and net profit attributable to shareholders of 206 million yuan.
Stellantis to Sell China-Made Jeep in Europe by 2030
Stellantis plans to begin selling a China-made Jeep in Europe by 2030. Dongfeng Motor is jointly producing the large SUV at its Wuhan plant. Jeep's head of Europe, Fabio Catone, said the company expects to offer six Jeep models in Europe by the end of the decade, up from two now. The project grows the vehicle firm's renewed partnership with Dongfeng under CEO Antonio Filos and reverses an earlier retreat from China. The partners are also creating a venture allowing Dongfeng to build its own vehicles at a Stellantis factory in France.
Stellantis seeks Italian manufacturing partners for Maserati and low-cost EVs
Stellantis is pursuing new manufacturing partnerships in Italy, including potential agreements tied to its Maserati brand and future low-cost electric vehicles, Chief Executive Antonio Filosa said on Wednesday. Filosa told a parliamentary hearing in Rome that the automaker is evaluating two potential partners for Maserati-related projects to support activity at the Cassino and Modena plants, and dismissed speculation that Maserati could be sold. Stellantis is also finalizing a partnership to produce small, affordable electric vehicles at its Pomigliano plant near Naples, aiming to build at least two models there. The future industrial partnerships in Italy would follow a structure similar to Stellantis' existing agreements with China's Leapmotor and Dongfeng, with the group retaining a majority stake. The company last month unveiled a €60 billion investment plan through 2030, with Europe receiving around 40% of the planned spending and a commitment to invest €5 billion in research and development in Italy through the end of the decade.