China: Dongfeng sees net profit decline 5% in 2011

The Dongfeng Motor Group has reported revenue of Yuan 131,441m (US$20.78bn) in 2011, an increase of Yuan 9,046m or 7.4% compared with the Yuan 122,395m reported in the previous year. The increase was driven by a rise in total vehicle sales to 2,172,723 in 2011, versus 1,945,956 in 2010, a Subscribe to Automotive World to … Continued

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• March 27, 2012