On March 8th, JAC Group announced its “12th Five-year†development plan in Beijing. In 2015, JAC plans to produce 1.5 million complete vehicles, of which 600,000 commercial vehicles and 900,000 passenger vehicles will be sold. The income is 100 billion yuan.
This year is the first year of Jianghuai Automobile's “Twelfth Five-Year Planâ€. In 2010, the company’s sales target was 500,000, including 300,000 passenger vehicles and 200,000 commercial vehicles. JAC's current production capacity is 400,000. The company stated that JAC has enough resources to cope with future capacity expansion. Currently, Jianghuai has begun to build parts supply clusters in Hefei, and there are already 76 Jianghuai suppliers stationed in Anhui Province.
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