- 1% sales growth in the Chinese domestic market for the first half of 2021.
- Export sales showed a 125.8% year-over-year growth for the first half of the year.
- Local sales performance doubled from a solid growth base in the first six months.
JAC Motors published its sales results for the first six months of 2021, demonstrating the automaker’s relentless drive to grow its market share in the Chinese domestic market, one of the world’s most competitive car markets.
During the first semester of this year, the company recorded year-over-year sales growth of 36.1%, with almost 300 000 units sold in the Chinese domestic market. The sales of commercial vehicles increased to 165 552 units, representing a 16.1% growth. Passenger car sales increased by 78.8% during the same period. Electric vehicle sales increased to 55 611 units, a 225.1% year-over-year growth.
Export sales showed a 125.8% year-over-year growth, signalling JAC Motors’ ambition to establish an extensive global footprint. The company exports left- and right-hand-drive vehicles to more than 130 countries, including South America, Africa, the Middle East, Central- and South-East Asia and Eastern Europe.
“The South African market is an important right-hand-drive market for the company, which is evident in the latest technology products being available to the local market,” says Karl-Heinz Göbel, CEO of JAC Motors South Africa. “Just a few weeks ago, we delivered our new N55 EV battery-electric truck to an ecstatic customer.”
JAC Motors South Africa also showed a remarkable sales performance on local shores, realising the exact sales numbers for the first semester of 2021 as recorded for the entire 2020 calendar year. Since its market inception in 2017, its sales steadily grew despite new car sales declining by 2.8% and 21.9% in 2019 and 2020.
JAC Motors has grown its local dealer footprint over the last year from 30 to more than 50 dealers countrywide and in Namibia, making it more convenient for customers in the country’s outskirts to service their bakkies and trucks.
JAC Motors’ sales performance for 2020 in the Chinese domestic market recorded an impressive 7.6% year-over-year increase despite new-vehicle sales declining by 1.4% during the same period, mainly due to the impact of the Covid-19 pandemic.
“The inspiring performance of our Brand globally means that the latest technology products, like the exciting all-new T9 2.5-litre turbo-diesel large body double-cab, will soon be introduced in the local market,” concludes Göbel.
Anhui Jianghuai Automobile Group Corporation Ltd. (JAC Motors)
JAC Motors may be a relative newcomer to the South African market; however, for more than 50 years, it is a giant in the Chinese auto industry. The company’s pick-ups ranked third on the Chinese auto industry’s export list for 2020 and have significantly contributed to the Brand’s global growth and competitiveness. JAC Motors is a prolific producer of electric vehicles and has had an electric vehicle joint venture with Volkswagen AG since 2017. In 2020, Volkswagen increased its 50 per cent equity, now owning a 75 per cent stake in its Chinese electric vehicle joint venture with JAC Motors, which is central to the two brands’ electric vehicle programmes in China.