In the first half of 2023, a "price war" swept through the industry, causing unprecedented internal competition. Therefore, the performance of many car companies on the data end was not optimistic. Against the background of slower growth in the car market, JAC Motors Motors has made rapid progress in the first half of the year, with a year-on-year growth rate of 18.53%, significantly ahead of the industry average growth rate announced by the China Automobile Association.
According to the Production and Sales Express of Anhui JAC Motors Automobile Group Co., Ltd. in June 2023. According to the express report, from January to June, the cumulative output of JAC Motors was 283300, with a year-on-year growth of 21.03%, and the cumulative sales volume was 278800, with a year-on-year growth of 18.53%, which is not only far higher than other traditional large automobile groups, but also significantly ahead of the average growth rate of the industry announced by the China Automobile Association. More importantly, in terms of the annual target completion rate, JAC Motors Automotive ranked first among all traditional large automobile groups, successfully reaching 44.4%. In the field of passenger cars, the sales volume of passenger cars in the first half of the year totaled 162500, up 29.09% year on year, nearly 30%. The sales volume of JAC Motors Motor's passenger cars further increased to 58.3%. In the field of commercial vehicles, JAC Motors Motor sold 116300 vehicles in the first half of the year, up 6.36% year on year. More importantly, in the field of export, JAC Motors also has a good performance. The export volume reached 89200 units, with a year-on-year growth of 82.98%, nearly 8 percentage points higher than the industry average level announced by the China Automobile Association.
For a listed company, what investors are more looking forward to is the potential for the future. In this intelligent oriented reform, JAC Motors Automotive is still very forward-looking. It always adheres to "leading intelligence with intelligence" and promotes its own value remodeling. On April 12, "leading intelligence with intelligence" - JAC Motors Motor's new brand for passenger cars was unveiled and the new brand strategy conference was held. JAC Motors released the new JAC brand for passenger cars and the new brand strategy. This means that JAC Motors will take the five dimensions of new global layout, intelligent platform, intelligent products, intelligent technology and intelligent manufacturing as the key points of action, and implement the new brand strategy of "leading intelligence with intelligence". In the eyes of investors, the level of intelligent car building will undoubtedly bring more room for imagination for the next profit performance, and promote JAC Motors Automobile to achieve higher quality growth.
Despite the overall development of the current automotive market, competition and challenges still exist. JAC Motors Motor can not do without its development strategy of simultaneous development of business and passenger transport and its continuous cultivation in the new energy smart car market in this battle. Now JAC Motors, which has accumulated full kinetic energy, will go farther and farther.
