JAC Group announces 6.57% growth in July sales

Shanghai (Gasgoo)- Anhui Jianghuai Automobile Group Holdings Limited (JAC Group) saw its Jan.-Jul. new vehicle sales jump 31.7% from the previous year to 324,219 units, according to the company's announcement. The sales volume for the month of July climbed 6.57% year on year to 39,233 units.

The growth in July auto sales was entirely credited to the blooming increase achieved by the passenger vehicle (PV) unit. JAC Group sold 22,930 PVs last month, representing an 80.81% year-over-year hike. Of those, SUV and sedan sales surged 125.49% and 31.77% respectively, while MPV sales still fell 11.6%.

For the first seven months of this year, the company boasted a 79.13% year-on-year growth in cumulative PV sales, which stood at 142,364 units.

Sihao QX; photo credit: JAC Group

As for new products, JAC Group launched the Sihao QX, a new SUV model equipped with the Journey 2 chip developed by the AI chip provider Horizon Robotics, onto the market at the end of June. According to the company, the new model is capable of rapid upgrade and iteration of smart scenarios based on consumers’ preferences thanks to the multimodal interaction functions combining vision with voice features.

At the Auto Shanghai 2021, JAC Group and Horizon Robotics entered into a strategic agreement for the in-depth cooperation on auto-related intelligent driving, smart connectivity, and AI technologies. On July 29, both parties cemented their tie-up for the volume production of China’s self-developed highly automated premium vehicle models based on Horizon Robotics' Journey 5 chip.