April 11, 2025

Dongfeng Denies Reorganization Fuzhou Rumor There Is No Undisclosed Information


In response to the rumors that Dongfeng will restructure Fuzhou through the acquisition of Fu Auto's equity, Dongfeng Motor issued a clarification announcement yesterday. The company currently does not have any major reorganization including the aforementioned rumors, and there is no information that should be disclosed but not disclosed. In the past few days, the automotive sector in the A-share market has also continued to rise. Statistical data show that the auto market growth in November and the same period last year, the automotive industry demand is good, the industry growth rate continued to rise, some industry insiders are optimistic about the auto market next year .


According to statistics from the China Association of Automobile Manufacturers, in November, the nation’s auto sales were 1.791 million, an increase of 11.52% from the previous period and an increase of 8.15% from the same period of last year, which was a 5.32% increase from the same period in October and a 2.42% decrease from the same period of last year. CAAC pointed out that the current overall situation in the auto market is good, and sales this year are expected to exceed 19 million.


Benefiting from the improvement in demand fundamentals, last week, the automobile sector rose. Statistics show that the passenger car segment rose by 3.36%, auto parts segment rose by 3.67%, commercial truck segment rose by 4.12%, and auto service segment rose by 4.22%. After undergoing a continuous rise, yesterday's auto sector fell slightly by 0.27%.


For the automotive industry next year, many brokers and industry insiders are also optimistic. Dong Yang, secretary general of the China Association of Automobile Manufacturers, predicts that the entire Chinese auto market will be better than this year in 2013.


According to BOC International, the auto market is expected to welcome a good start in January next year. Passenger car sales growth is expected to exceed 10% under the dual push of rigid demand and capacity release. Commercial vehicles are expected to recover after experiencing a downturn in the past two years; raw material prices remain low, which will help enterprises to restore profitability.



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