Dongfeng Motor Feb. sales up 29.8%

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Chinese automaker Dongfeng Motor sold 19,540 vehicles in February, up 29.8 percent year on year, figures released on Saturday showed.

Dongfeng's auto output in February reached 18,250 units, an increase of 11.3 percent from a year earlier, the company said in a report to the Shanghai Stock Exchange.

Sales in January surged 35.22 percent year on year to hit the record monthly high of 297,600 units.

The company aims to sell 2.9 million vehicles this year.

The equities of the Shanghai-listed firm closed at 5.3 yuan per share on Friday, up 0.95 percent from the previous trading day.

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