business

Chinese automaker JAC reports rising sales in 2020

BEIJING, Jan. 9 (Xinhua) — Chinese automaker Anhui Jianghuai Automobile Group Corp., Ltd. (JAC) registered rising sales in 2020, according to the company.

JAC sold a total of 453,361 vehicles last year, up 7.63 percent year on year, the company said in a statement filed with the Shanghai Stock Exchange.

In December alone, the company’s sales stood at 36,629 units, with a yearly increase of 6.3 percent.

Shares of the Shanghai-listed automaker dipped 0.52 percent to close at 11.44 yuan (about 1.77 U.S. dollars) per share on Friday. 

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