JAC to launch three all-new car models in '09

Jianghuai Auto Co., Ltd. (JAC) will launch three all-new car models to market in 2009 and Jianghuai Auto will launch two models in the third quarter this year. One model is a medium-size sedan that will be produced in June and then go to the market; the second model, code-named B926, will be put on sale in September. By the end of this year, Jianghuai Auto will launch a small car model.

Jianghuai Auto has completed its development planning of vehicle models and major component products. It will have six passenger vehicle platforms and four engine production platforms (for 2.0L and 1.3L gasoline engines, and 1.9L and 2.8L diesel engines).

Currently, Jianghuai Auto has four major passenger car brands: MPV Refine, SUV Ruiying, official sedan Binyue and small car Tongyue. The company aims to sell 70,000 passenger cars this year, and targets 120,000 units in 2010 and more than 200,000 units in 2011. Jianghuai Auto has been China's leading commercial vehicle producer. It diversified to the passenger car market in 2006 to boost profitability.

Source: Gasgoo




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