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Home > News > Industry News > Dongfeng Ranks 68th in Fortune ...

Dongfeng Ranks 68th in Fortune Global 500

2017-11-01 14:21:03
On July 20, 2017, America Fortune Magazine releases the “Fortune Global 500”. China stands at No.2 with 115 enterprises on the list, following No.1 America and leaving No.3 Japan far behind.
Among these large enterprises, 6 Chinese automobile enterprises are on the list: SAIC (No.41), Dongfeng (No.68), FAW (No.125), BAIC (No.137), GAC (No.238), Jeely (No.343). the business revenue of the 6 enterprises totals 398.959 billion dollars in 2016, demonstrating “Chinese manufacturing’s” strength.
Sales volume of Dongfeng: from 2012’s 3.079 million to 2016’s 4.277 million units
Business revenue of Dongfeng: from 389.4 billion RMB in 2012 to 571.76 billion RMB in 2016
In fierce competition, it is not easy to maintain growth for five consecutive years.
In the first half of 2017, sales of Dongfeng are slightly down in the fierce competition. The sales volume reaches 133.54 million units, up 3.8% year on year, lower than expected rise in the early year. April and May even see negative growth. Still, in such a harsh situation, Dongfeng sold 1.845 million units in wholesale and operates in a healthy, safe and profitable manner.