Chinese Leading Automaker Eyes Middle Eastern and African Markets Following Its Domestic Sales Victory

BEIJING–(BUSINESS WIRE)–#Automech–The first half year has passed, and Chinese automakers have already
unveiled their sales performance. Among which Chinese auto maker JAC
(Shanghai Stock Exchange: 600418)
has continued to rise in
popularity in the burgeoning Middle Eastern and African auto markets,
with a focus on young, tech-savvy and style-conscious drivers. The
launch of JAC’s S2
model SUV at Cairo’s Automech auto show in March followed the success of
the record-breaking S3.

With a stylish and sporty exterior, high-end specifications, outstanding
off-road performance and reasonable price tag, the S2
is expected to repeat the sales success of the S3,
which has sold over 300,000 vehicles globally since its release nearly
two years ago. The S3
has sold particularly well in Egypt since its launch there last July,
passing 100 vehicles per month.

In terms of commercial vehicles, JAC
recently celebrated its 300,000th high-end light-duty truck
sold. As it’s known, JAC has sold
over 300,000 high-end light duty trucks internationally over the last
fourteen years. In the South American market it has made a great
impression, with the best-selling Chinese models in Chile, Peru and
Colombia, among others. Due to its excellent reputation and high-quality
products, JAC has also entered
the highly competitive Southeast Asian market, which has been dominated
by Japanese brands for a number of decades. JAC’s
Euro V light-duty truck has also entered large and developed auto
markets such as Turkey and Mexico.

Eco-conscious drivers save the world in style

JAC also plans to expand its
international exports of electric vehicles (EVs)
in the coming months. In April JAC’s
became the third best-selling electric models worldwide, with
2,331 vehicles sold that month. Supporting the evolution of this
high-growth sector, JAC has
continually developed its electric vehicles, boosting its sales by 400%
compared with the same period last year. In particular, the IEV
, launched at the 2016 Beijing Auto Show, has received much
acclaim from customers for its stylish exterior and eco-friendly
technology. The IEV
is the first pure electric model to be released in China,
equipped with an advanced Samsung lithium battery, and with a range of
up to 300km.

JAC continues its rise
at home and abroad

During the first half of the year JAC
has sold 333,639 vehicles, an increase of nearly 15% from the same
period last year, according to data from the China Automobile
Association. The S3
model has performed particularly well, selling 97,457 units during 2016,
winning an award as the H1 SUV sales champion in China. Industry experts
have put JAC’s recent success
down to its focus on quality products and high level of customer care.

About JAC Motors

JAC Motors is an automaker that
develops full-line independent brand vehicles including light, medium
and heavy trucks, sedans, MPV, SRV, buses, chassis, engineering
machinery, engines, and gearboxes. Based in Hefei, China, the company’s
research and development center drives its innovation. JAC
also founded China’s first overseas research and development center in
Turin Italy, and a second in Tokyo, Japan.


JAC Motors
Crystal Feng, +86-551-62296885