Recently, the JAC announced that JAC plans to produce 500,000 vehicles within four years from 2007 to 2010. In addition, JAC is to invest 600 million Yuan in October of a new research center which will soon be put into operation.
It is believed that JAC first sedan will be launched on July 1, and plans to achieve sales of 5000 units.
Meanwhile, JAC will facilitate platform from economical to luxury sedan with 6 different models in the next four years.