Jianghuai Auto H1 sales up 67% to 243,570 vehicles

Shanghai, July 14 (Gasgoo.com) Chinese automaker Jianghuai Auto Co. (JAC) announced today that its vehicle sales in the first half of the year surged 67.21% from a year earlier to 243,570 units, over half of which are commercial vehicles, media reported.

In June alone, the Anhui-based automaker's sales hit 33,356 units, up 33.07% y/y (but down from 38,802 sold in May), while output rose 38.96% y/y to 33,070 units. The company's vehicle output in the first six months totaled 235,314 units, up 61.14% year on year.

Jianghuai Auto sold 138,200 commercial vehicles in the first half, up 52% from a year earlier, which include 113,400 light-duty trucks (46%); 13,000 heavy-duty trucks (136%) and 11,800 chassis (up 59%), all exceeding a half of this year's sales targets.

The company's daily sales of light-duty trucks have exceeded 1,000 units and full-year sales in 2010 are expected to pass 200,000 units, laying a solid foundation for the company to break the 1 million-unit sales mark this year.

Jianghuai Auto, which is expanding into the passenger car sector, expects to sell 500,000 vehicles this year (from 198,500 units in 2009), including 300,000 passengers cars.