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JAC Motors Faces Steep Decline in Profits: 1277% Plunge, 1.7 Billion Yuan Loss; Can Huawei's Million-Yuan Luxury Car Zenith S800 Turn the Tide?
2025-04-08 /
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Author：小编
JAC Motors has recently encountered significant setbacks, with passenger vehicle sales in 2024 declining by 16.59% year-on-year, revenue dipping by 6.28%, and a staggering net loss of 1.784 billion yuan, marking a year-on-year decrease of 1277.59%. Furthermore, the company's workforce has contracted by 1,656 employees. Amidst these challenges, JAC Motors remains resolute in its pursuit of innovation, pushing ahead with the launch of the Zenith S800 model, a collaborative effort with Huawei.
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