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Chinese Shares Slide as Deflation Persists, Inflation Rises; King Long Motor Falls 10%
King Long Motor's Bus Sales Slip 5% in August; Shares Slump 10%
Jinlong Auto Production and Sales Data Report for August 2024
Xiamen King Long Motor Group (600686.SH): The sales volume of passenger cars in August was 3296, a decrease of 4.46% year-on-year.
On September 6, King Long Motor Group (600686.SH) released the sales data for August, with passenger car sales of 3,296 units, a decrease of 4.46% compared to the same period last year.
Xiamen King Long Motor Group (600686.SH) has sold a total of 0.029 million vehicles this year, with a year-on-year growth of 15.34%.
Xiamen King Long Motor Group (600686.SH) announced that the company's bus sales volume in August 2024 was 3,296 units, a year-on-year change of ...
Xiamen King Long Motor Group (600686.SH): produces and sells self-driving passenger buses.
On September 5th, xiamen king long motor group (600686.SH) stated on the interactive platform that our company produces and sells self-driving passenger cars. The company's main business is currently focused on ordinary passenger cars that require drivers. The sales revenue of self-driving passenger cars in 2023 accounts for less than 0.3% of the company's revenue and is extremely small. Since the development and production of related products in 2017, the sales scale has remained relatively stable and has not changed significantly. The self-driving passenger car market is currently in the exploratory stage and is not yet mature.
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