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JAC plans to launch passenger cars and medium to heavy trucks in India

Steel News - Published on Tue, 18 Feb 2014

One of China\'s oldest automakers, Anhui Jianghuai Automobile Company, plans to launch passenger cars and medium to heavy trucks in India as demand wilts in a slowing home market.

People aware of the development said that the company, also known as J AC, has sent its top executives to India in recent months to firm up its debut plans and to identify the location where it can set up a plant to assemble completely knocked down kits imported from China.

JAC is the third Chinese automaker after Beiqi Foton and Great Wall Motors to plan a foray in the domestic market.

A person aware of the company\'s plan Jina Kang, JAC\'s top representative in India, said that \"JAC is looking at leveraging its strength as the biggest chassis manufacturer of China to develop a host of applications for the diverse Indian market.\"

Based in Anhui province of China, state-run JAC is ranked among the top 10 Chinese automakers.

Besides, its cars and heavy duty trucks, the company is known for its small components and engines. Operating for more than 40 years, JAC has an annual vehicle production capacity of over 700,000 units. It also runs a 500,000 engines a year plant in China.

Chinese automakers are increasingly focusing on India as the market here offers advantages of similar products range at affordable prices.

Source – Economic Times

(www.automobileguru.in)


Posted By : admin on Tue, 18 Feb 2014
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