JAC Motor's Sales Jumps 19% in June; Shares Up 5%
The sales volume of Anhui Jianghuai Automobile (SHA:600418), or JAC, for June jumped 19% to 31,891 units from 26,775 units in the previous year, according to a Shanghai bourse filing on Thursday.The output for the month dropped 15% to 27,937 units from 32,728 units in the previous year.The carmaker's shares jumped 5% during the morning trade.