JAC sees fall in April sales

Gasgoo.com (Shanghai May 4) - JAC Motors has seen a large drop in sales last month, with total growth in sales only increasing marginally from last year, caijing.com.cn reported today. The total sales amount, only 44,500, only represented a 1.88 percent growth increase from earlier months. Outside of truck and sedan sales, JAC saw sales drop in all its other segments, with SUV sales dropping the most, 44.1 percent from last year.

This ends a relatively cold start to the year for JAC, which has sold a total of 194,000 vehicles from January (a 12.91 increase from January 2010 to April 2010). Additionally, JAC saw sales volume decreasing from last month.

Industry insiders attach the blame of JAC's subpar performance to rising fuel costs, the introduction of vehicle purchase restriction, the recent earthquake in Japan and government anti-inflation financial measures.