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JAC April PV sales edge up 6.6% year on year

Shiny From Gasgoo| May 08 , 2018

China auto market news, JAC April PV sales

Shanghai (Gasgoo)- JAC posted passenger vehicle (PV) sales of 18,689 units in April, edging up 6.6% from a year earlier. This is the second positive sales growth after March, in which JAC saw first positive sales growth after 17-month decline. As to specific model types, pure electric PV and MPV saw relatively large sale growth, while sales of SUV segment suffered a YoY slide of 25.95% over the previous year to 6,767 units in April.

Compared to 24,189 units in March, JAC underwent MoM sales slump of 22.7% in April. During the first four months, sales of JAC passenger vehicles reached nearly 75,000 units with a YoY drop of 10.5%. The good news is that the sales drop is narrowing down.

In April, JAC PV's pure electric models saw fastest sales growth of 88.55% over the previous year to 3,803 units. Currently, JAC has released the iEV, the iEVA50, the iEV6E and the iEV7S, covering mini and compact sedan as well as small-size SUV. From JAC's 2018 product plan, JAC focuses on new energy vehicles. Apart from the iEVA50 launched in April, JAC will continue to release the iEV6ES, the new iEV7S, the long-range version of the iEV7 and the iEVA60.

As to PV MPVs, JAC posted MPV sales of 53.92% year on year to 7,747 units in April. In March, JAC launched the 2018 Refine M3/M4, and also offered the express and business versions of the model, which help improve the competitiveness of the model future and meet the demands of more diversified segments. In April, JAC's first family MPV, the Refine 3 hit the market, enriching its product lineup further. As planned, JAC will launch three MPV models within this year, the AT version of the Refine R3, the 2018 Refine M5 and the new-gen Sunray.

When it comes to PV SUV market, JAC is expected to release the hybrid versions of the Refine S5 and the Refine S7, as well as the Refine S3 equipped with new powertrain this year. Currently, JAC's sales failure in SUV was the major factor that dragged JAC's whole sales down.

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