Shanghai. March 20 (Gasgoo.com) Chinese commercial vehicle manufacturer Jianghuai Automobile Company (JAC) will show up two A-class models at the upcoming Beijing Auto Show in April.
"The two self-developed A-class models are each equipped with a 1.3 liter naturally aspirated engine and a 1.3 liter turbo charged engine. These two models will go on sale in September or October," said Yan Gang, general manager of JAC's sales unit.
Yan said the company will also exhibit a B-class model which will go on sale next year.
JAC, a leading manufacturer of multi-purpose vehicles and commercial vehicles, rolled out its first C-class Binyue sedan last year when it decided that passenger vehicles are more profitable.
JAC aims to sell 200,000 units cars by 2010, hoping to realize total sales revenue of RMB 15 billion to 20 billion ($1.99 billion to $2.66 billion). And by then, JAC will have 6 passenger vehicle platforms, on which 10 models ranging from 1.1L to 2.4L will be produced.
Separately, JAC says it has offered RMB 200 million to subsidize its passenger car dealers since last May. Currently JAC has a total of 50 sedan dealers, which will be expanded to 57 by the end of this month.