China Knowledge reported that Jiangling Motors Corp Ltd one of China major carmakers auto sales decreased 16.2% YoY to 14,056 units in May.
In a statement filed with Shanghai Stock Exchange, the automaker saw its sales of Ford commercial vehicles dropped 26.7% YoY to 3,431 unties for last month.
The sales of JMC truck and JMC pickup and SUVs reached 5,651 and 4,974 units down 3.8% and 19.9% YoY respectively.
Last month, Jiangling produced 14,933 units of vehicles, 9.2% lower than it realized in the same month of 2011. During the first five month period, the company auto sales totaled 87,521 units decreased by 2.8% YoY.
Med Cap and Micro Cap Push ADX Index Higher
The ADX General Index earlier jumped up into the green territory; wavering in the same region it closed higher to 3,564.2 points on Sunday 19th May 2013, up 50.03 points or 1.42 percent from its prev