Dongfeng Motor raises 2009 sales target 18 pct


HONG KONG, Aug 26 (Reuters) - China's Dongfeng Motor Group , the country's No.3 carmaker, said on Wednesday it has raised its 2009 sales target 18 percent on encouraging sales of its passenger vehicles amid China's economic stimulus measures. Dongfeng was aiming to sell about 1.3 million vehicles this year, up from its previous target of 1.1 million, Dongfeng President Liu Zhengmin told reporters. "We are optimistic about the development of China's auto industry. The market is having 10 ...

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