Dongfeng Automobile, the listed arm of Dongfeng Motor, posted an 80 per cent year-on-year increase in net profit to Rmb571m in 2010. The Wuhan-based company’s revenues increased 38 per cent to Rmb19.8bn.

Vehicle sales exceeded 300,000 units in 2010, up 45 per cent and ahead of last year’s national auto growth rate of 32 per cent.