Articles Tagged with "JAC"

JAC Volkswagen’s registered capital increased by over 5 billion yuan
JAC Volkswagen’s registered capital increased by over 5 billion yuan

Both JAC Motors and Volkswagen (China) Investment Co., Ltd. have finished subscribing for the equity stake newly issued by JAC Volkswagen, which made the registered capital of the joint venture surge to 7.356 billion yuan from 2 billion yuan.

Jul. 22 , 2020
JAC Motors to set up mid-/high-end MPV base in Bozhou
JAC Motors to set up mid-/high-end MPV base in Bozhou

JAC Motors inked on June 30 an agreement with Bozhou municipal government to build mid-/high-end MPVs at Anhui Jianghuai Anchi Automobile Co., Ltd., a wholly-owned subsidiary of the Hefei-based automaker.

Jul. 2 , 2020
NIO refutes online rumor about JAC-NIO plant’s fire
NIO refutes online rumor about JAC-NIO plant’s fire

Chinese EV startup NIO on June 14 refuted an online rumor which said a fire took place at the JAC-NIO production base in Hefei, where NIO’s ES8 and ES6 SUVs are manufactured.

Jun. 15 , 2020
JAC Motors turns loss into profit in 2019
JAC Motors turns loss into profit in 2019

Anhui Jianghuai Automobile Group Corp., Ltd. (JAC Motors) announced it 2019 net profit attributable to shareholders reached RMB106.015 million, bringing the money-losing firm into the black over the annual loss of RMB786.144 million for 2018.

Mar. 19 , 2020
JAC Motors releases 2020 production and sales plan
JAC Motors releases 2020 production and sales plan

JAC Motors expects the combined production and sales of its complete vehicles and chassis to reach 450,000 to 500,000 in 2020, according to a filing from the company on December 11.

Dec. 11 , 2019
JAC Motors teams up with Huawei on intelligent vehicle solution, IT application
JAC Motors teams up with Huawei on intelligent vehicle solution, IT application

JAC Motors on December 9 inked a framework agreement with Huawei, one of world’s leading ICT infrastructure providers, for a comprehensive collaboration on such areas as intelligent vehicle solutions, IT application and smart industrial park.

Dec. 11 , 2019