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26-06-2007
China
Jianghuai Automobile Co, one of the three domestic
manufacturers that produce both passenger vehicles
and commercial vehicles, will introduce 10 new
sedan models by 2009, and make itself a large
auto group with a complete product series in
2010.
In the next five years, Jianghuai will focus
on domestic brand vehicle development, commercial
vehicle market expansion, and environmentally
friendly and energy-saving product designs.
The automaker sold 71,200 vehicles during the
first four months of the year, up 13.59 percent
from the same period last year. Its sales revenue
totaled 5.78 billion yuan (US$756 million),
an increase of 33.8 year-on-year. The Jianghuai
Refine ranked first in accumulated sales from
January to April this year in the domestic multi-purpose
vehicle market.
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