Articles Tagged with "JAC"

Volkswagen, SEAT, JAC Motors further confirm SEAT’s market entry into China
Volkswagen, SEAT, JAC Motors further confirm SEAT’s market entry into China

JAC Motors, Volkswagen Group China and SEAT on May 27 signed an agreement which further confirms the Spanish brand’s aim to enter the Chinese market in the coming two to three years.

May 29 , 2019
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, JAC Motors, SEAT sign new MoU to co-develop EV platform in China
Volkswagen, JAC Motors, SEAT sign new MoU to co-develop EV platform in China

Volkswagen China, JAC Motors and SEAT, Volkswagen’s Spanish car brand, signed a Memorandum of Understanding (MoU) on November 28 in the presence of Chinese President Xi and Spanish Prime Minister Pedro Sánchez.

Nov. 29 , 2018
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