JAC

	JAC
Country	China
Parent	-
Subsidiaries	-
Brands	JAC
Location	Headquarters, R&D center and main assembly plants: Hefei, Anhui. Design center: Turin, Italy. Overseas R&D center: Turin and Tokyo.
Sales figures	2017: 343,500 units (passenger cars: 222,200 units) 2016: 643,342 units (passenger cars: 367,318 units) 2015: 588,052 units (passenger cars: 346,175 units) 2014: 446,802 units (passenger cars: 195,570 units) 2013: 495,737 units (passenger cars: 203,355 units) 2012: 448,813 units (passenger cars: 201,311 units) 2011: 466,459 units (passenger cars: 216,532 units) 2016 domestic sales by model: J3 (Tongyue): 12,042 units J4 (Heyue A30): 1,945 units J5 (Heyue): 7,859 units S2: 47,902 units S3: 197,947 units S5: 26,931 units Reference: http://www.jac.com.cn/production/index.htm# http://jacen.jac.com.cn/ http://www.qqbenz.com/ http://www.qichexl.com/a/xiaoliangpaixing/
Introduction	Jianghuai Automobile Co. Ltd. (JAC) is a state-owned car maker based in Hefei city of Anhui province. It used to make only trucks and commercial vehicles, but since it was listed on stock market in 2001, it started building passenger cars. In recent years it is benefited from the rising trend of SUVs and becomes practically an SUV maker. JAC established a design and R&D center in Turin, Italy in order to recruit Italian designers and engineers to develop its vehicles.
Brief History	Hefei Jianghuai Automobile Factory was founded in 1964 by the local government to manufacture trucks. While rivals like FAW enjoyed the blessing and (indirectly) financial support of the central government, Jianghuai was always struggling for survival. By 1990, its sales dropped below 1000 vehicles a year. However, by the turn of the Century, it was reformed and renamed to Jianghuai Automobile Co. (JAC), and then listed on the Shanghai stock exchange in 2001. A brief cooperation with Hyundai resulted in the latter's H1 van and Santa Fe SUV being built by JAC under license. From the mid-2000s, JAC started building up its own R&D capability, though with the help of foreigners. A design and R&D center was opened in Turin, Italy, to shape and develop its own passenger cars. It also employed Western consultants like Pininfarina, Lotus and Austria's AVL. This resulted in its first sedan, J7 Binyue (2008), followed by the smaller J5 Heyue, J3 Tongyue and J2 Yueyue. However, their sales volume was dismal by the industrial standard. What really lifted JAC was the small SUV S3 (2014), which shifted almost 200,000 units in 2015 and accounted for the majority of JAC's passenger car sales. JAC S3