Market Chatter: Dongfeng Motor to Assess Europe Sales Potential Before Setting Up Plant in Italy

MT Newswires Live

Sep 13, 2024

Dongfeng Motor (HKG:0489) will have to assess sales potential in Europe before establishing a factory on the continent, Reuters reported Thursday, citing Dongfeng's international business general manager Ma Lei.

The development comes as Italian officials are trying to negotiate with Chinese automobile manufacturers including Dongfeng and Chery Auto to set up shop in the country, the report said.

The Italian government plans to revive the domestic auto industry by inviting a major automotive manufacturer to make vehicles alongside Fiat parent Stellantis, the report said.

Shares rose 2% during Friday's afternoon trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (HKD): $1.92, Change: $+0.040, Percent Change: +2.13%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2467993716"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2467993716\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2467993716?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-13 15:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2467993716","market":"sg","top_or_hot":-1,"title":"Market Chatter: Dongfeng Motor to Assess Europe Sales Potential Before Setting Up Plant in Italy","media":"MT Newswires Live","content":"<html><body><p> Dongfeng Motor (HKG:0489) will have to assess sales potential in Europe before establishing a factory on the continent, Reuters reported Thursday, citing Dongfeng's international business general manager Ma Lei.</p><p>The development comes as Italian officials are trying to negotiate with Chinese automobile manufacturers including Dongfeng and Chery Auto to set up shop in the country, the report said.</p><p>The Italian government plans to revive the domestic auto industry by inviting a major automotive manufacturer to make vehicles alongside Fiat parent Stellantis, the report said.</p><p>Shares rose 2% during Friday's afternoon trading.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price (HKD): $1.92, Change: $+0.040, Percent Change: +2.13%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Dongfeng Motor to Assess Europe Sales Potential Before Setting Up Plant in Italy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Dongfeng Motor to Assess Europe Sales Potential Before Setting Up Plant in Italy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-09-13 15:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Dongfeng Motor (HKG:0489) will have to assess sales potential in Europe before establishing a factory on the continent, Reuters reported Thursday, citing Dongfeng's international business general manager Ma Lei.</p><p>The development comes as Italian officials are trying to negotiate with Chinese automobile manufacturers including Dongfeng and Chery Auto to set up shop in the country, the report said.</p><p>The Italian government plans to revive the domestic auto industry by inviting a major automotive manufacturer to make vehicles alongside Fiat parent Stellantis, the report said.</p><p>Shares rose 2% during Friday's afternoon trading.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price (HKD): $1.92, Change: $+0.040, Percent Change: +2.13%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00489","symbol_name":"东风集团股份","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2467993716","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2467993716","pubTimestamp":1726211962,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Dongfeng Motor  will have to assess sales potential in Europe before establishing a factory on the continent, Reuters reported Thursday, citing Dongfeng's international business general manager Ma Lei.The development comes as Italian officials are trying to negotiate with Chinese automobile manufacturers including Dongfeng and Chery Auto to set up shop in the country, the report said.The Italian government plans to revive the domestic auto industry by inviting a major automotive manufacturer to make vehicles alongside Fiat parent Stellantis, the report said.Shares rose 2% during Friday's afternoon trading.Price : $1.92, Change: $+0.040, Percent Change: +2.13%","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"00489":"东风集团股份"},"translate_title":"市场热议：东风汽车将在意大利设厂前评估欧洲销售潜力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00489":0.9},"content_text":"Dongfeng Motor (HKG:0489) will have to assess sales potential in Europe before establishing a factory on the continent, Reuters reported Thursday, citing Dongfeng's international business general manager Ma Lei.The development comes as Italian officials are trying to negotiate with Chinese automobile manufacturers including Dongfeng and Chery Auto to set up shop in the country, the report said.The Italian government plans to revive the domestic auto industry by inviting a major automotive manufacturer to make vehicles alongside Fiat parent Stellantis, the report said.Shares rose 2% during Friday's afternoon trading.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price (HKD): $1.92, Change: $+0.040, Percent Change: +2.13%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}