Articles Tagged with "JAC"

Volkswagen China, Mobility Asia, JAC Motors team up on Hefei smart city program
Volkswagen China, Mobility Asia, JAC Motors team up on Hefei smart city program

On May 27, Mobility Asia, a wholly-owned subsidiary of VW Group, struck a strategic cooperation framework deal with Volkswagen Group China, JAC Motors and Hefei Provincial Government for a “smart city” program to be built in Hefei.

May 28 , 2019
JAC Motors, CMC to acquire 51% stake in Kazakhstan-based AllurGroup
JAC Motors, CMC to acquire 51% stake in Kazakhstan-based AllurGroup

JAC Motors and China National Machinery IMP. & EXP. CORP (CMC) struck a deal on May 21 to acquire a total of 51% stake in AllurGroup, the biggest automobile group in Kazakhstan.

May 23 , 2019
Volkswagen sets up new energy tech JV in China with FAW Group, JAC Motors
Volkswagen sets up new energy tech JV in China with FAW Group, JAC Motors

Volkswagen (China) Investment Company Limited on May 16 jointly founded a new energy technology subsidiary in China with Jiangsu Wanbang Dehe New Energy Technology Co.,Ltd, a 99.62%-owned subsidiary of FAW Group and JAC Motors, according to qichacha.

May 21 , 2019
JAC Motors boasts 4.61% YoY growth in August sales
JAC Motors boasts 4.61% YoY growth in August sales

JAC Motors reported a year-on-year growth of 4.61% in August sales with 36,676 vehicles delivered in August. From January to August, the automaker handed over 326,842 vehicles in total, a year-on-year drop of 4.25%.

Sep. 14 , 2018
Chinese automaker JAC Motors sees H1 net profits plunge 52.58%
Chinese automaker JAC Motors sees H1 net profits plunge 52.58%

Chinese stated-owned automaker JAC Motors reported that its semi-annual revenues reaching RMB 23.709 billion, falling 6.34% year on year. The Jan-June net profits attributable to shareholders slumped 52.58% to RMB 163 million.

Aug. 30 , 2018
JAC enjoys YoY sales growth of 19.89% to 37,896 units in July
JAC enjoys YoY sales growth of 19.89% to 37,896 units in July

JAC delivered 37,896 vehicles in July, leaping 19.89% from a year ago. During the past seven months, JAC handed over 290,166 units with a YoY drop of 5.26%, according to the data from official website of JAC.

Aug. 10 , 2018