Market Chatter: Dongfeng Motor to Triple Europe Sales in 2026

MT Newswires Live
Sep 26

Dongfeng Motor (HKG:0489) plans to triple its sales in Europe in 2026, according to a Reuters report on Friday, citing the company's Europe chief.

Dongfeng Europe CEO Xie Qian said in a presentation in Italy that next year's target is 80,000 vehicles, a jump from this year's target of between 25,000 and 30,000, according to the report.

The company plans to achieve the higher target by offering a mix of internal combustion engine, hybrid, range extender and fully-electric vehicles, the report said.

"We're betting on BEVs (battery electric vehicles) for the long term for sure," Xie reportedly said. "But for the mid-term, I think there is a place for plug-in and full hybrids."

(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.)

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

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10